Energy Earth PCL : Further clarification on the obligations applied for debt repayment in the business rehabilitation process of Energy Earth Public Company Limited

22 January 2018

Subject:Further clarification on the obligations related to debt repayment application in the business rehabilitation process of Energy Earth Public Company Limited

Attention:

President

Stock Exchange of Thailand

Reference is made to the fact that, on 15 January 2017, Energy Earth Public Company Limited (the "Company") through EY Corporate Advisory Services Ltd. (the "Planner") informed the President of the Stock Exchange of Thailand that, within the specified period, 2,433 creditors had applied for debt repayment in the approximate total amount of THB 152.518 billion with the official receiver, the details of which have been conveyed.

The Planner would like to give further clarification and state that the indebtedness amount for which debt repayment has been applied is not a debt obligation. It is the right of the six guarantors as the second creditor to exercise their rights to apply for debt repayment of approximately THB 123.472 billion under the Bankruptcy Act B.E. 2475 (1932). In the business rehabilitation process, the official receiver will investigate such amount. If the financial institution, being the first creditor, had applied for debt repayment, the six guarantor creditors would not be entitled to debt repayment in anyway whatsoever.

Please be informed accordingly.

Sincerely yours,

EY Corporate Advisory Services Ltd.

by Miss Chutima Panjaphokakit as the Planner of Energy Earth Public Company Limited