TTW PCL : Dividend Payment and the 2017 Annual Ordinary General Meeting of Shareholders

No. TTW/118/17

22nd February 2017

Subject : Dividend Payment and the 2017 Annual Ordinary General Meeting of Shareholders Attention : President

The Stock Exchange of Thailand

TTW Public Company Limited (TTW) would like to announce that the Board of Directors meeting No.1/2017 held on 22nd February 2017 at Rachavadee Room, 23 Floor, Viriyathavorn Building, 587 Sutthisarn Road, Din Daeng, Bangkok passed resolutions as follows:

1. To propose for approval of additional 2016 Dividend payment at the rate of 0.30 Baht per share or a total amount of 1,197 million Baht. This is in addition to an interim dividend payment previously paid at the rate of 0.30 Baht. Thus, the total 2016 dividend payment is at the rate of 0.60 Baht per share details as follows:

2. Profits gained from corporate income tax-exempted (BOI privileged) at the rate of 0.013 Baht per share, totaling 51.87 million Baht. Individual shareholders are not subjected to withholding tax, and shall not be entitled to a tax credited.

3. Profits gained from 20% corporate income tax-paid at the rate 0.287 Baht per share, totaling 1,145.13 million Baht. Individual shareholders are subjected to 10% withholding tax that can be tax credited.

   The Record Date specifies the list of shareholders entitled to receive dividend is 15th March 2017, and the list of shareholders shall be complied pursuant to Section 225 of the Securities and Exchange Act by closing of the share register book to suspend the share transfer on 16th March 2017. The dividend payment date is set on 4th May 2017.

4. Resolved that the 2017 Annual Ordinary General Meeting of Shareholders be held on Tuesday, 18th April 2017 at 14:00 a.m. at Landmark Ballroom, Landmark Hotel Bangkok, 138 Sukhumvit Road, Bangkok. The Record Date specifies the list of shareholders entitled to attend the meeting is 15th March 2017, and the list of shareholders shall be complied pursuant to Section 225 of the Securities and Exchange Act by closing of the share register book to suspend the share transfer at 16th March 2017.

5. Resolved to set the agendas of the 2017 Annual Ordinary General Meeting of Shareholders as follows:

Agenda 1 To consider and approve the Minutes of the 2016 Annual Ordinary General Meeting of Shareholders.

Opinion of Board of Directors: The Minutes of the 2016 Annual Ordinary General Meeting of Shareholders should be approved.

Agenda 2 Acknowledgement of 2016 Annual Performance Report

Opinion of Board of Directors: The 2016 Annual Performance Report should be acknowledged.

Agenda 3 Approval of the 2016 Financial Statement and Comprehensive income Statement.

Opinion of Board of Directors: The 2016 Financial Statement and comprehensive income Statement should be approved as they has been carefully reviewed by EY Office Limited.

Agenda 4 To consider and approve the Appropriation of net Profit and Dividend Payment Opinion of Board of Directors: An additional dividend payment at the rate of 0.30 baht per share or a total amount of 1,197 million Baht should be approved. The record date specifies the list of shareholders entitle to receive dividend is15th March 2017 and the list of shareholders shall be complied pursuant to Section 225 of the Securities and Exchange Act by closing of the share register book to suspend the share transfer on 16th March 2017. The dividend payment date is set on 4th May 2017

Agenda 5 Approval of Appointment of Auditor and Determination of Remuneration

Opinion of Board of Directors: The appointment of Ms.Manee Rattanabunnakit or Ms. Sumalee Reewarabandith or Mrs. Poonnard Paocharoen to be the auditors of the company for the year 2017, auditors from EY Office Limited, to assume the duty of the Company's auditor and determination of remuneration of year 2017 of not exceeding 1,300,000 Baht should be approved.

Agenda 6 Approval of Annual Appointment of Directors

Opinion of Board of Directors: The reappointment of Dr. Thanong Bidaya, Mr. Phairuch Mekarporn, Mr. Yazutaka Zuzuki and Mr. Tomoaki Matsumoto as directors to the Company Board of Directors as proposed by the Nomination and Remuneration Committee should be approved.

Agenda 7 Approval of Determination of Director's Remuneration

Opinion of Board of Directors : The year 2016 bonus at the amount of 18,420,000 Baht and year 2017 Director's remuneration in the amount of 7,890,000 Baht should be approved.

Agenda 8 Other matters (if any) Please be informed accordingly.

Very truly yours, (Chaiwat Uthaiwan) Managing Director

Corporate Affairs Division Telephone : [phone] Ext. 1106

Facsimile : 0-2420-6064