14th May, 2010 The President The Stock Exchange of Thailand Dear Sir, Clarification on Operating Results for the First Quarter of 2010 The Company's operating results for the first quarter of 2010, which have been reviewed by external auditors, showed a Net Profit of 14.14 million THB. This is an increase of 30.28 million THB, a 187.60% increase from the same period of prior year. The following is an explanation of the increase in Net Profit. 1. Net Sales Revenue increased by 151.43 million THB,a 25.31% increase, driven by an increase in sales volume. However, Cost of Goods Sold increased by 107.61 million THB or a 22.21% increase. As a result, the company's Gross Profit increased by 43.82 million THB, or 38.52%, versus the same period of prior year. 2. Contribution of funds from Coca-Cola Thailand to support marketing activities increased by 11.62 million THB, or 27.01%, overall. 3. Other Income increased by 1.11 million THB or 18.94%. 4. Selling expenses and Administrative expenses increased by a total of 22.68 million THB, or 12.79%, resulting from sales promotion expenses incurred mainly as part of sales promotion to the modern trade customers, and higher costs of fuel in the early part of the year. This summary report of the Company's operating results for the first quarter of 2010 is duly submitted for your consideration. Yours faithfully, For Haad Thip Public Company Limited Sec.Lt. (Phairoch Rattakul) President & CEO Office of the President & CEO Tel. 0-2391-4488 Ext.103