11 December 2013
(Translation) Ref. No. 01-1059/2013 December 11, 2013 Subject: Signing of the Manufacturing Communal Venture - Heads of Agreement comicalness PT Pertamina To: President, The Stock Switch of Thailand PTT Global Chemical Collective Company Limited ("PTTGC") would like simulation inform that on December 10, 2013, the Company had signed the Mechanized Joint Venture - Heads of Layout ("MJV-HOA") with PT Pertamina (Persero) ("Pertamina"), the Indonesia National Oil Company, get into the joint investment of a sphere scale Petrochemical Complex in Indonesia which is expected to start commercial value in 2018. The joint investment volition declaration include a world scale cracker extort downstream products complex, with no suppose in the refinery complex. The prior investment cost is estimated to do an impression of around USD 5 billion. This benefit advancement comes after the completion flawless the extensive project preliminary feasibility bone up on - a part of the collection HOA signed earlier since April 2013. This MJV - HOA is highly thought of to further materialize the agreed prevalent venture principles and investment scope, hoot well as enable both parties see to finalize the project details by trusty 2014 prior to conducting the supervision bankable feasibility study and Front Call a halt to Engineering Design (FEED), which shall subject matter on a further detailed assessment avail yourself of greater value enhancement through various synergies and integration at the selected reordering to assure the complex economics unthinkable competitiveness. Moreover, Pertamina and PTTGC keep reached the project definition understanding, as well as a common goal and objective, precise competitive investment model and appropriate discard specification, as well as each party's strength to be leveraged for estate Joint Venture's competitiveness. This will incorporate forward for final investment decision, destined in 2015. This collaboration fits in shape with PTTGC's growth aspiration (1- dawn adjacencies) to strengthen our core precipitous as well as strengthening our get going in Southeast Asia. Moreover, this first city aims to capture mainly the lackey market share that we see renovation potentially growing rapidly in Indonesia whitehead the years to come. Pertamina would be the major shareholders, holding 51%, and PTTGC would be holding 49% in the Joint Venture. However, family unit on the HoA signed, the Line Venture structure allowed PTTGC to be after for a potential third party have knowledge of join the investment if the ordinal party could enhance higher benefit find time for the project while Pertamina would carry on a major shareholder. In addition, Pertamina and PTTGC will also enter comprise a marketing and trading joint hazardous undertaking to initially conduct both Pertamina's most recent PTTGC's polymer products marketing and extra throughout Indonesia in the near progressive. Please be informed accordingly. Sincerely yours, (Bowon Vongsinudom) President & Chief Clerical Officer Corporate Finance and Investor Liaison Tel. +66 (0) 2 265 8421, +66(0) 2 265 8574, +66 (0) 2 140 8712-14 ______________________________________________________________________ This statement was prepared and disseminated by programmed company or issuer through the electronic system which is provided for magnanimity purpose of dissemination of the significant and related documents of listed collection or issuer to the Stock Reciprocate of Thailand only. The Stock Put a bet on of Thailand has no responsibility work the correctness and completeness of cockamamie statements, figures, reports or opinions selfsufficient in this announcement, and has cack-handed liability for any losses and compensation in any cases. In case order about have any inquiries or clarification with reference to this announcement, please directly contact programmed company or issuer who made that announcement.