Thai Beverage Public Company Limited

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3^rd Asian Excellence Recognition Awards 2013

Notice Of A Substantial Shareholder's Interest

Back Dec 25, 2009

Part I

Date of notice to issuer

24/12/2009

Name of Substantial Shareholder

Golden Capital (Singapore) Limited

Notice Type

Notice of a New Substantial Shareholder's interest.

Part II

Date of change of Interest

23/12/2009

Name of Registered Holder

Golden Capital (Singapore) Limited

Circumstance(s) giving rise to the interest or change in interest

Open Market Purchase

Before changing, Golden Capital (Singapore) Limited ("GC") has 0% direct interest in Thai Beverage Public Company Limited ("THBEV").

On 23/12/2009, GC purchased 2,800,000 THBEV shares from open market at SGD 0.2418 per share, resulting in its direct interest in THBEV increasing to 0.01%.

Mr. Charoen Sirivadhanabhakdi and Khunying Wanna Sirivadhanabhakdi have deemed interests in THBEV through MM Group Limited through GC.

Information relating to shares held in the name of the Registered Holder

No. of Shares held before the change	0
As a percentage of issued share capital	0 %
No. of Shares which are subject of this notice	2,800,000
As a percentage of issued share capital	0.01 %
Amount of consideration (excluding brokerage and stamp duties) per share paid or received	0.2418
No. of Shares held after the change	2,800,000
As a percentage of issued share capital	0.01 %

Part III - Not Required

Part IV

Holdings of Substantial Shareholder, including direct and deemed interest :

	Direct	Deemed
No. of shares held before the change	0	0
As a percentage of issued share capital	0 %	0 %
No. of shares held after the change	2,800,000	0
As a percentage of issued share capital	0.01 %	0 %