SET market report for January 2018

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1 SET News 8/218 February 8, 218 SET market report for January 218 BANGKOK, February 8, The Stock Exchange of Thailand (SET) Index at the end of January advanced 4.2 percent from end-2 to 1, points, while a combined market capitalization of SET and Market for Alternative Investment (mai) at the end of January rose to THB 18.7 trillion (USD billion) and the average daily trading value of both stock markets in January soared by 35 percent y-o-y to THB 78.8 billion. On January 24, SET Index closed at 1, points, an all-time high, since its inception in SET Senior Executive Vice President Pakorn Peetathawatchai said that SET Index, tracking other Asian stock markets gain, continued its record-setting streak in January. External factors including the rising oil price and the brighter US economic outlook were the major contributors to the Thai stock market rally, while the improving Thai economy, driven largely by exports and tourism, also bolstered the market sentiment. However, in 218 investors should keep eyes on China's economic stability, the US rate hike including geopolitical risk. Key highlights for January Securities: - In January, foreign investors sold a net THB 5.47 billion of Thai shares, bucking the regional and Thai bond market trends. - SET index ended January at 1, points, up 4.2 percent from end-2. Four industry groups that outperformed SET Index were Resources, Industrials, Consumer Products and Financials, respectively. - Forward P/E ratio of SET was 16.6 times at end-january, while historical P/E ratio was times. Both forward and historical P/E ratios of the Thai stock market were higher than the average ratio of its Asian peers' at times and.82 times, respectively. - Dividend yield ratio of SET was 2.68 percent at end-january, exceeding Asian stock markets' average ratio of 2.35 percent. - A combined market capitalization of SET and mai at end-january was THB 18.7 trillion, up 4.2 percent from the end of 2. - The average daily trading value of SET and mai in January amounted to THB 78.8 billion, up 35 percent from the same period a year earlier. Derivatives: - In January, the average derivatives trading volume rose by 3.5 percent from the previous month to 51,98 contracts per day, largely driven by the increase in transactions of SET 5 Index Futures and SET 5 Index Options, as well as Single Stock Futures. SET Make it Work for Everyone Members of the media please contact the Corporate Communications Dept.: Darawan Maleesri tel: +66 () / Arada Kultawanich tel: +66 () / Kanokwan Khemmalai tel: +66 ()

2 SET market report for January 218 February 7, 218 Agenda SET in the regional context Market Activities 2

3 SET in the regional context Foreign net trading value into regional stock markets Unit: million USD, Data as of Jan 31, 218 Netbuy / sell Yearly 6 months Quarterly Monthly H1/ H2/ 1/2 2/2 3/2 4/2 Nov Dec Jan THAILAND -4,372 2, , , INDONESIA -1,58 1,259-2,96 1,34-4, ,11-2,154-1, PHILIPPINES -1, , VIETNAM , TAIWAN 3,384 1,956 6,489 9,412-2,922 5,97 3,443-2, ,351-1,95 2,855 INDIA 3,274 2,93 8,18 8, ,699 1,88-3, 2,62 3, ,8 KOREA -3,58 1,48 8,267 9, ,766 4,246-2,777 2, ,97 1,967 Source: Bloomberg Note: exclude mai 3 SET in the regional context Foreign net flow into Thai bond and equity markets Unit net flow: billion THB; Data as of Jan 26, 218 Net flow Yearly Quarterly Monthly /2 2/2 3/2 4/ Nov Dec 1-26 Jan 1.Government bond (LB+TB) Central bank bond Equity Total(1+2+3) THB/USD (average) THB/USD (end of period) Sources: SETSMART, Thai BMA and BOT 4

4 SET in the regional context Stock index change (%YTD) Unit: percent; (end of Dec 2 Jan 31, 218) USD Local currency Japan Philippines Singapore Indonesia Malaysia Korea Thailand Taiwan India China MSCI EM Hong Kong Vietnam Source: Bloomberg; * MSCI EM = MSCI Emerging Markets Index 5 SET in the regional context Stock index movement (in local currency) Data as of Jan 31, 218; rebased end-2 = Vietnam Thailand Malaysia Indonesia Singapore MSCI emerging markets MSCI asia ex Japan MSCI frontier merkets MSCI ASEAN 9 31-Dec- 5-Jan-18 1-Jan Jan-18 2-Jan Jan-18 3-Jan-18 Philippines 9 31-Dec- 5-Jan-18 1-Jan Jan-18 2-Jan Jan-18 3-Jan-18 MSCI world index Thailand Source: Bloomberg 6

5 SET in the regional context Forward P/E of Thailand and regional comparisons Unit: times 31-Jan-2 29-Dec-2 31-Jan Average of 9 countries as of Jan 31, 218 is Korea Hong Kong China Taiwan Singapore Malaysia Indonesia Philippines Vietnam SET mai Historical P/E of Thailand and regional comparisons Unit: times 31-Jan-2 29-Dec-2 31-Jan Average of 9 countries as of Jan 31, 218 is Singapore Korea Hong Kong Taiwan Malaysia China Vietnam Philippines Indonesia SET mai Source: Bloomberg, *Historical P/E of SET and mai from SETSMART Forward P/E Ratio : The measure of the price-to-earning ratio (P/E) using forecasted earnings for the next 12 months from analyst consensus in Bloomberg data base. Historical P/E Ratio: The measure of the price-to-earning ratio( P/E) using trailing 12 months earning in the calculation. 7 SET in the regional context Market Dividend Yield Unit: percent 31-Jan-2 29-Dec-2 31-Jan Average of 9 countries as of Jan 31, 218 is 2.35% Korea Philippines China Indonesia Vietnam Singapore Malaysia Hong Kong Taiwan SET mai Source: Bloomberg Market dividend yield : Previous 12-month dividend value divided by market capitalization at the end of the month. 8

6 SET in the regional context Average daily turnover* (214 - December 2) Unit: million USD Share turnover velocity** (214 -December 2) Unit: percent 1, Jul 1, Aug Sep Oct Nov Dec Jul Thailand Singapore Malaysia Thailand Singapore Malaysia Indonesia Philippines Indonesia Philippines Source: World Federation of Exchanges (WFE). * Average daily turnover calculates by trading value / number of business days **The turnover velocity is the ratio between the Electronic Order Book (EOB) turnover of domestic shares and their market capitalization. The value is annualized by multiplying the monthly average by 12. Aug Sep Oct Nov Dec 9 SET in the regional context Domestic Market Capitalization Unit: billion USD; data as of end Dec 2 (...%) Percentage change (MoM); Nov 2 - Dec 2 4,351 Number of Listed Companies Unit: companies; data as of end-dec 2 ( ) Change (MoM); Nov 2 -Dec 2 2,332 1, ,878 2, Hong Kong India* Taiwan Singapore Thailand Indonesia Malaysia Philippines India* Hong Kong Taiwan Malaysia Singapore Thailand Indonesia Philippines (MoM) (2.9%) (5.2%) (2.%) (.2%) (4.5%) (6.7%) (4.6%) (3.7%) (-9) (+22) (+2) () (-2) (+8) (+6) (-1) Source: World Federation of Exchanges (WFE) * Bombay SE 1

7 SET in the regional context Domestic Market Capitalization (%YTD) Unit: percent; (end of Dec 216 -Dec 2) USD Local currency 49.3% 39.8% 36.2% 37.3% 25.5% 25.5% 24.5% 14.6% 15.7% 16.8% 21.2% 13.6% 21.1% 22.% 2.% 22.6% India Hong Kong Malaysia Thailand Taiwan Singapore Philippines Indonesia Domestic Market Capitalization (%MoM) Unit: percent; (end of Nov 2 -Dec 2) 6.7% 7.% USD Local currency 5.2% 4.% 4.6% 3.8% 4.5% 4.4% 3.7% 3.% 2.9% 3.% 2.%.9%.2% -.6% Indonesia India Malaysia Thailand Philippines Hong Kong Taiwan Singapore Source: World Federation of Exchanges (WFE) * BSE India Limited 11 Market Activities SET index classified by industry (Data as of Jan 31, 218; rebased end-2 = 1) SET index classified by industry Unit: percent Source: SETSMART %YoY %MTD Weight Mkt cap Nov Dec Jan 18 Jan 18 SET % SET % Resource % Industrial % Consumption % Financial % Technology % Service % Property % Agro & Food % RESOURC INDUS CONSUMP FINCIAL SET5 SET TECH SERVICE PROPCON AGRO 12

8 Market Activities SET Market capitalization and SET index Data as of Jan 31, 218 1,754 1,827 2,, 15,, 1,, 5,, 5, 4, 3, 2, 1,,587, , ,331, (YTD) 339, (YTD) 1,577 1,56 1,575 1,566 1,562 1,575 1,576 1,616 1,673 1,721 1,697 1,754 1,827 15,5,973 Jan ,866 Jan 15,343,515 Feb 331,51 Feb 15,491,497 Mar mai Market capitalization and mai index Data as of Jan 31, 218 Source: SETSMART 324,89 Mar 15,474,233 Apr 32,679 Apr 15,469,337 May 318,952 May 15,612,755 Jun ,28 Jun 15,575,69 Jul ,257 Jul Unit: Market cap.(million THB) (LHS); Index (RHS) 16,23,441 Aug 312,852 Aug 16,471,1 Sep 336,262 Sep,4,721 Oct ,516 Oct 16,837,277 Nov 337,67 Nov,587,433 Dec 338,836 Dec 18,331,165 Jan 18 Unit: Market cap.(million THB) (LHS); Index (RHS) 339,733 Jan 18 1,8 1,4 1, (YTD) SET Market Cap (million THB) High 18,451,181 (Jan24, 18) Low,836,378 (Jan3, ) Index 1, (Jan24, 18) 1, (Jan3, 18) Average 18,23,187 %YTD 4.23% 4.% 218 (YTD) mai Market Cap Index (million THB) High 339, (Jan 31, 18) (Jan 31, 18) Low 332, (Jan19, ) (Jan19, 18) Average 335,521 %YTD.26%.7% 13 Market Activities SET average daily trading value and SET Index Unit: Trading value (million THB (LHS); Index (RHS) Average daily trading value SET Index at the end of period maiaverage daily trading value and maiindex Unit: Trading value (million THB) (LHS); Index (RHS) Average daily trading value mai Index at the end of period 9, 8, 7, 6, 5, 4, 3, 2, 1, , , , , 76,823 1, , , , , ,823 1,6 47,755 2 SET and mai (THB million) 218 (YTD) 48,337 Q1/2 Average daily trading value % YOY 39,924 46,84 Q2/2 Q3/2 55,969 56,458 Q4/ (YTD) 5, % Nov 78, % -2.16% 46,669 49,259 Dec Jan 18 1, , 12, 1, 8, 6, 4, 2, ,358 2,19 2,528 2,165 2,339 2,397 2,429 2,255 2, (YTD) Q1/2 H1/216 H2/216 H1/2 H2/2 Q1/2 Q2/2 Q3/2 Q4/2 Nov Dec Jan 18 58, % 46, % Q2/2 Q3/2 58, % 5, % -1.9% 42, % 49,143 58, % 58, % 18.9% 51, % 78,842 Q4/2 Nov Dec Jan Source: SETSMART 14

9 Market Activities Average daily trading value and trading proportion classified by investor types Unit: million THB; Data as of Jan 31, 218 Average daily 5,238 5,5 15,151 24,28 9,43 8,749 25,754 34,936 trading value 5,114 78,842 46,549 Unit: percent 4,799 5,677 6,295 5,2 5,834 5,17 5,68 5,8 6,81 13,73 16,598 4,481 14,352 4,778 5,595 13,32 15,482,751 5,258 4,58 13,964 22,847 25,569 25,797 19,798 22,986 28,239 19,576 6,411 7,132 6,332 6,11 6,186 6,398 5,584 18,365 18,416 18,678 5,695 16,14 31,8 32,966 27,626 24, % 11.93% 1.31% 1.58% 1.4% 1.65% 1.34% 1.79% 1.41% 1.31% 11.4% 1.51% 1.84% 11.93% 11.1% 11.1% 11.% 1.87% 11.3% 11.35% 11.38% 1.42% 12.14% 1.18% 9.44% 1.86% 11.5% 11.1% 3.23% 32.66% 29.44% 3.92% 28.22% 3.96% 31.51% 3.41% 32.24% 29.53% 28.5% 31.72% 31.9% 32.66% 48.31% 44.31% 49.8% 47.63% 5.72% 47.4% 46.77% 48.38% 45.2% 49.98% 51.2% 46.91% 47.2% 44.31% 9,43 8,749 25,754 34,936 58,366 5,865 42,89 49,143 58,366 43,36 62,188 64,615 58,887 51,514 78, (YTD) H1/2 H2/2 Q1/2 Q2/2 Q3/2 Q4/2 Aug Sep Oct Nov Dec Jan 18 Local Investors Foreign Investors Local Institutions Proprietary Trading Source: SETSMART 15 Market Activities Net trading position classified by investor type (YTD) Unit: million THB; Data as of Jan 31, 218 4,688 5,356-4,577 Local Investors -5,468 Foreign Investors Local Institutions Proprietary Trading Net trading value of foreign investors Unit: million THB; Data as of Jan 31, ,546 13,22 6,371 6,652-26,13-5,468-7,121-18,894-9,36-5, H1/2 Q1/2 Q2/2 Oct Nov Dec Jan 18 Source: SETSMART 16

10 Market Activities Proportion of trading value by market cap Unit: percent, data as of Jan 31, 218 Non SET1 and mai SET51-1 SET31-5 SET11-3 SET1 32% 23% 12% 14% 1% 11% 18% 25% 34% 31% 35% 32% 29% 33% 34% 32% 23% 13% 15% 12% 14% 14% 16% 16% 14% 11% 11% 11% 12% 11% 11% 9% 11% 18% 18% 18% % 2% % 18% 18% 25% 3% 25% 25% 24% 25% 26% 23% 22% 25% 3% 12% 1% 25% Daily average trading value (Unit: million THB) 5,114 78,842 46,549 58,366 5,865 42,89 49,143 58,366 58,887 51,514 78,842 Others Construction Food & Beverage Petro Construction materials Commerce Transportation Information & Communication Technology Bank Proportion of trading value by sector Unit: percent, data as of Jan 31, 218 Energy 23% 19% 2% 3% 4% 4% 5% 6% 6% 6% 6% 7% 8% 9% 7% 8% 14% 12% 2% 29% 27% 26% 28% 3% 26% 26% 24% 22% 19% 6% 7% 7% 8% 7% 7% 7% 6% 4% 5% 4% 4% 6% 6% 7% 6% 6% 6% 7% 6% 6% 5% 5% 5% 5% 5% 5% 4% 5% 5% 4% 4% 3% 3% 3% 2% 3% 2% 2% 2% 2% 5% 9% 5% 7% 8% 6% 7% 7% 6% 9% 8% 7% 6% 7% 1% 7% 11% 8% 8% 7% 7% 7% 12% 14% 12% 12% 12% 12% 12% 11% 1% 18% 22% % 2% 2% 24% 22% 28% 29% Source: SETSMART H1/2 H2/2 Q1/2 Q2/2 Q3/2 Q4/2 Nov Dec Jan 18 Market Activities Number of active investors and active rate* data as of Feb 2, 218 8, 6, 4, 2, 25.7% 25.2% 24.9% 335,32 361,3 336, % 26.6% 25.7% 23.1% 24.8% 24.6% 23.1% 24.4% Unit: No. of accounts (LHS); % active rate (RHS) clients active rate 26.5% 26.4% 26.1% 22.9% 384, ,72 358, , , 351, , ,27 388, ,465 39, Dec 16 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Source: SET; Note: month average 2. December info * calculated by number of active accounts / total accounts; active account is account which trade at least once a month 345, Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Number of investors (accounts) 1,353, ,51,53 2 1,353,225 1,364,72 1,376,839 1,391,818 1,42,234 1,414,331 1,426,8 1,437,826 1,45,697 1,464,845 1,477,66 1,496,421 1,51,53 % YoYof Number ofaccounts 8.7% % 2 8.2% 8.7% 9.3% 9.5% 9.6% 9.7% 9.5% 1.1% 1.% 1.1% 11.% 11.3% 11.6% Trading Value / Accounts 3.18 (Million baht) % YoYof trading value / 1.8% -11.% -11.1% -8.7% -15.2% -3.7% -18.7% -2.9% -2.8% -23.2% -2.6% 2.8% -2.2% -3.3% 9.52% Accounts 3% 2% 1% % 18

11 3, 2, 1, 6, 4, 2, Market Activities Number of active internet investor s account 235,57 251, , , , , , , , ,873 Unit: No. of accounts (LHS); %YoY(RHS) 244,646 27, , , ,181 7% 15% 43% 38% 5% % 1% 14% 3% -12% -13% -1% -1% 6% 2% % -1% Dec 16 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Unit: million THB (LHS);%YoY(RHS) 425,657 45, ,85 431, ,499 3% 332,449 32, ,478 32,37 285,124 31,82 228,9 285,833 33,882 2% 24,788 1% % 1% -11% 12% 41% 13% -22% -18% 5% -21% -44% -42% 6% 1% -13% -5% -1% -2% Dec 16 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Internet Trading Value % Internet trading value Dec 16 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Comparing with total trading value (%) Comparingwith trading value of local investors, excludes local institution (%) 1% Source: SET; Note: 1. monthly average value 2. calculated by average of monthly internet trading value / average of monthly total trading value Active internet investors is account which trade at least once a month. ; Data as of Feb 2, Market Activities Asset under management Unit: million THB; Data as of Jan 31, 218 Net asset value Fund type End of year End of Month Oct Nov Dec Jan 18 %YTD % proportion Equity Fund 1,141,779 1,375,319 1,273,936 1,294,235 1,375,319 1,455, % 28.9% Fixed Income Fund 2,58,995 2,712,984 2,725,396 2,697,347 2,712,984 2,77, % 53.8% Mixed Fund 297, ,759 35,28 359, , , % 7.3% Property Fund 287,629 24,53 215, ,115 24,53 181, % 3.6% Infrastructure fund 235, , , , , , % 4.9% Others 87,511 76,434 69,223 71,293 76,434 73,3-4.5% 1.5% Total 4,559,545 4,987,846 4,879,462 4,885,866 4,987,846 5,31,1.9% Equity fund classified by destination 1.% Domestic Equity Fund (Exclude Vayupak Fund) 619,88 773,357 71, , , ,62 2.7% 54.6% Vayupak Fund 328, ,25 359, , ,25 395, % 27.2% Foreign Equity Fund 193, , ,71 222, , ,6 13.9% 18.2% Total 1,141,779 1,375,319 1,273,936 1,375,319 1,375,319 1,455, % 1.% Equity fund classified by special fund group Long-Term Equity Fund (LTF) 337, , , , , , % 27.% Retirement Mutual Fund - Equity (RMFEQ) 73,467 1,576 88,694 9,626 1,576 14,596 4.% 7.2% Trigger Equity Fund 18,859 2,59 2,612 1,775 2,59 1, %.1% Other Equity fund 383,334 56,37 465, ,427 56,37 559, % 38.5% Vayupak Fund 328, ,25 359, ,25 369,25 395, % 27.2% Total 1,141,779 1,375,319 1,273,936 1,375,319 1,375,319 1,455, % 1.% Source: Summation of Asset Size by Classification report, Association of Investment Management Companies Note: In Jan 2, AIMC adjusted fund type of 1 Mixed funds to Others fund 2

12 Market Activities: TFEX Average daily trading contract classified by instruments Unit: contracts; Data as of Jan 31, %YOY 3 H1/2 H2/2 Q1/ Q2/ Q3/ Q4/ Dec Jan 18 %MOM 4 SET5 Index Futures 1 17,873 8, % 95,626 12,12 1,757 9, , ,59 122,548 8, % SET5 Index Options 4,433 7, % 2,795 6,72 2,45 3,151 6,992 5,121 5,358 7, % Single Stock Futures 194,593 34, % 3, ,21 189, , , ,7 244,754 34, % 5 Baht Gold Futures % , % 1 Baht Gold Futures 1 14,347 14, % 11,1,577 9,93 13,29 19,721 15,362 15,555 14, % Interest Rate Futures n.a n.a. Silver Futures n.a n.a. Brent Crude Oil Futures n.a n.a. USD Futures 1 1,422 3, % 1,73 1, ,244 1,927 1,69 1,96 3, % Sector Index Futures n.a n.a. Agricultural Futures % % Gold Deferred, % % All Products 2 324,2 51, % 285, ,427 33, ,234 33, , ,64 51, % Note 1 Calculate from the total volume traded during that period, divided by the number of business days in that period. 2 Calculate by total trading volume of each instrument / number of business days of each instrument. 3 Calculated from the average daily trading volume of 2 with 218 (YTD). 4 Calculated from the average daily trading volume in January 219 compared with December 2. 5 TFEX ready for first agricultural trading "RSS3 Futures" on Feb 15, TFEX ready for gold deferred futures trading on Sep 4, 2 Source: SETSMART 21 Market Activities Fund raising value Unit: million THB; Data as of Feb 2, 218 Type Yearly % YoY Quarterly Monthly 2 2 (1M) 218 (1M) 2/216 3/216 4/216 1/2 2/2 3/2 4/2 Nov Dec Jan 18 Initial Public Offering 16,28-6,73 n.a. 9,195 11,62 31,168 2,346 29,949 23,55 5,433 6,7 37,467 6,73 Secondary Offering 158,963 19,447 1, % 75,47 93,821 16,487 25,314 34,498 67,87 31,344 13,499 11,683 1,354 - Public Offering 2, n.a ,339-1, Private Placement 57,841 19, % 1,538 1,712 8,511 21,38 4,1 25,314 7,39 1,264 4, Convertible Bond n.a Warrant 35, % 51,328 7,445 3,27 1,74 2,486,364 13,894 9,768 3, Right Offering 63, ,791.67% 22,541 84,664 3,43 2,536 26,562 25,129 9,328 2,466 2, Grand Total 265,242 19,447 8, % 84,62 14,884 47,655 27,66 64,447 91,358 81,778 19,568 49,15 8,57 New IPOs: 1. BHIRAJ Office Leasehold Real Estate Investment Trust (BOFFICE). Value 5,153 million baht 2. AIM Industrial Growth Freehold And Leasehold Real Estate Investment Trust. (AIMIRT). Value 1,55 million baht Accumulated fund raising value in January 218 mai 135 Services 23 Property 7,898 Source: SET 22

13

14 Appendix 1 Market Statistics As end of January Q1/2 Q2/2 Q3/2 Q4/2 Nov 2 Dec 2 Jan 218 SET SET Index 1, , , , , , , , , Market Dividend Yield (%) Market P/E Ratio 1/ Market P/BV Total Turnover Value (M.Baht) 11,652, ,613, ,996, ,395, ,91, ,358, ,242, , ,613, Daily Turnover Value (M.Baht) 47, , , , , , , , ,823.3 Number of Listed Securities 2,52 2,2 1,891 1,962 2,77 2,83 2,161 2,52 2,2 Newly Listed Companies Raising value of New Listed Securities (M.Baht) 2/ 39, , , , , , , Total value of Newly Listed Securities (M.Baht) 3/ 97, , , , , , , Delisted Listed Companies No. of Companies moved from mai to SET No. of Companies moved from SET to mai Total Capitalization (M.Baht),587, ,331,165 15,491,497 15,612,755 16,471,1,587,433 16,837,277,587,433 18,331,165 mai mai Index Market Dividend Yield (%) Market P/E Ratio 1/ Market P/BV Total Turnover Value (M.Baht) 575, , , , , , , , ,42.58 Daily Turnover Value (M.Baht) 2, ,19. 2, , , , , , ,19. Number of Listed Securities , Newly Listed Companies Raising value of New Listed Securities (M.Baht) 2/ 35, ,696. 6, ,995 14, ,159. 3, Total value of Newly Listed Securities (M.Baht) 3/ 8, , ,467 3, , Delisted Listed Companies No. of Companies moved from mai to SET No. of Companies moved from SET to mai Total Capitalization (M.Baht) 338, , , , , , , , ,733.7

15 Appendix 1 Market Statistics As end of January Q1/2 Q2/2 Q3/2 Q4/2 Nov 2 Dec 2 Jan 218 SET & mai Trading value proportion separated by investor types 1.% 1.% 1.% 1.% 1.% 1.% 1.% 1.% 1.% Local Investors 48.31% 44.31% 5.72% 49.8% 46.77% 48.38% 46.91% 47.2% 44.31% Foreign Investors 3.23% 32.67% 28.22% 29.44% 31.51% 3.41% 31.72% 31.9% 32.67% Local Institutions 11.1% 11.1% 11.3% 11.% 11.38% 1.42% 1.86% 11.5% 11.1% Proprietary Trading 1.45% 11.93% 1.4% 1.31% 1.34% 1.79% 1.51% 1.84% 11.93% Net Buying Position(M.Baht) Local Investors- 95, , , , , , , , , Foreign Investors- 26, , , , , , , , , Local Institutions 14, , , , , , , , ,688.7 Proprietary Trading 16, , , , , , Daily Turnover Value (M.Baht) 5, , , , , , , , ,842.2 Total Capitalization (M.Baht),926, ,67, ,815, ,933, ,87,378.56,926,269.66,4,946.73,926, ,67, Source: The Stock Exchange of Thailand Note: 1/ Historical P/E which calculated from market price of common stock divided / earnign per share 2/ Calculated from IPO Price multiplies with number of listed shares 3/ Calculated from IPO Price multiplies with IPO shares

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