liabilities or other obligations. PACE must also disclose the clarification through the Stock Exchange of Thailand (SET) within seven days.With reference to PACE's disclosure through the SET on 28 February 2017

% Employee and executive expense 14.35 39.54 19.34 59.82 4.99 34.77 Advisor expense 1.66 4.58 0.54 1.67 (1.12) (67.47) Tax and penalties 12.55 34.58 0.14 0.43 (12.41) (98.88) Reserve for doubtful debts1 0.32

repayment within one year as from the calculating date, only in the portion not exceeding the value of the collateral; (c) the total sum of the following liabilities: 1. payables with obligations to return

one year as from the calculating date, only in the portion not exceeding the value of the collateral; (c) the total sum of the following liabilities: 1. payables with obligations to return the borrowed

exceeding the value of the collateral; (c) the total sum of the following liabilities: 1. payables with obligations to return the borrowed securities, only in the portion not exceeding the value of the

of collateral; (c) total sum of the following liabilities: 1. payables with obligations to return borrowed securities, only in the portion not exceeding the value of collateral; 2. payables under

August 2004; Clause 2 In this Notification: (1) “net capital” means liquid capital deducted by risk haircuts; (2) “liquid capital” means liquid assets deducted by total liabilities; (3) “liquid assets

from the date of calculation, only in the portion no more than the value of collateral; (c) total sum of the following liabilities: 1. payables with obligations to return borrowed securities, only in the

) (100.00%) Employee benefit obligations 2.29 2.99 0.70 30.44% Total non-current liabilities 2.76 2.99 0.23 8.18% Total liabilities 11.93 16.69 4.76 39.90% Equity Share capital 80.00 125.00 45.00 56.25

3.32 3.79 (0.47) (12.40%) Employee benefit obligations 3.36 2.72 0.64 23.53% Deferred income tax liabilities 0.67 - 0.67 100.00% Other non-current liabilities 13.43 23.00 (9.57) (41.61%) Total non