these tree directors jointly sign and seal of the company. World Industrial Estate Company Limited Old New Mr.Chirasak Chiyachantana Mrs.Sangsri Chiyachantana Mr.Chiraphol Chiyachantana Ms.Kusuma Palaprom

Tree Holding Company Limited (“Double Tree Holding” or “Purchaser”) purchase Land and Buildings. The Company has considered that the Company does not optimize the use of Land and Buildings. Also, the

holiday club memberships increased by Baht 863 million. The revenue recognition of the property sales projects, as a result of Banyan Tree Villas and Cassia Residence Phuket, was higher when compared to the

Public Company Limited for the amount of Baht 23.25 million and the loss sharing amount of Baht 14.74 million from Wisdom Tree Investment (S) PTE. Limited. Therefore, share of profit from investment in

hotel, golf and retail operations decreased by Baht 112 million over the prior year as a result of the reduction in occupancy of Laguna Phuket hotels and Banyan Tree Bangkok.  Revenue from property

40 million over the prior year as a result of the decrease in occupancy of Laguna Phuket hotels and Banyan Tree Bangkok.  Revenue from property development operations which comprise of property sales

of holiday club memberships increased by Baht 780 million. The revenue recognition of the property sales projects (Banyan Tree Deluxe Double Pool Villas, Banyan Tree Grand Residences, Cassia Phuket

. This was due to the improved performances of Banyan Tree Bangkok and Laguna Phuket hotels when compared to the same period last year.  Revenue from property development operations which comprise of

prior year as a result of the improved performances of Laguna Phuket hotels and Banyan Tree Bangkok. • Revenue from property development operations which comprise of property sales and the sale of holiday

39 million over the prior year as a result of the decrease in occupancy of Laguna Phuket hotels and Banyan Tree Bangkok.  Revenue from property development operations which comprise of property sales