Microsoft Word - Clarification of Change more than 20%_NMG YE 2017.docx Clarification on Percentage of Change More Than 20% The consolidated financial statements of Nation Multimedia Group Public

higher selling price and higher sale volume in CNF incoterm, while lower unit sold and appreciation of Thai baht against US dollar. . Cost of goods sold and expenses Three-month (Thousands Baht) Change

Baht) 1st Quarter Change Amount % Cost of goods sold -244,141 -231,102 -13,039 5.64% Selling expenses -54,924 -31,374 -23,550 75.06% Administrative expenses -19,711 -21,577 1,866 -8.65% Finance Costs

Statement 1Q 1Q % Unit : THB million 2018 2017 change Revenue from non-social security 218.24 177.27 23% Revenue from social security 164.68 136.58 21% Revenue from Hospital Operations 382.92 313.85 22% Cost

: Million Baht) 2018 2017 Change Change (%) Cost of real estate sold 1,926 2,227 (301) (14) Cost of rentals and services 205 196 9 5 Total cost of sales 2,131 2,423 (292) (12) Total cost of sales in the first

2018 Change Change (%) Cost of real estate sold 6,180 9,519 (3,339) (35) Cost of hotel business 761 637 124 19 Cost of rental office building business 142 178 (36) (20) Total cost of sales 7,083 10,334

Leasehold Property Fund 12 12 - - Total 469 427 42 10 III. Cost of sales breakdown by business segment Second quarter (Unit: Million Baht) 2019 2018 Change Change (%) Cost of real estate sold 1,321 1,998 (677

Leasehold Property Fund 11 17 (6) (35) Total 431 456 (25) (5) III Cost of sales breakdown by business segment First quarter (Unit: Million Baht) 2020 2019 Change Change (%) Cost of real estate sold 1,080

for a reason of increasing in gain from exchange rate. 1.2 Cost of goods sold and expenses Consolidated (Thousands Baht) 1st Quarter Change 2019 2018 Amount % Cost of goods sold -453,166 -244,141

(Thousands Baht) 1st Quarter Change 2020 2019 Amount % Cost of goods sold -485,054 -453,166 -31,888 7.04% Selling expenses -65,815 -84,692 18,877 -22.29% Administrative expenses -38,243 -14,091 -24,152 171.40