Clarification on Operating Results for the Six-Month of 2008

15 สิงหาคม 2551
14th August, 2008 The President The Stock Exchange of Thailand Dear Sir, Clarification on Operating Results for the Six-Month Periods of 2008 The Company's operating results for the six-month periods of 2008, which have been reviewed by external auditors, showed a Net Profit of THB 13.02 million, an increase of THB 18.83 million, or exceeded a 20% improvement versus prior year. This improvement in Net Profit was due to the following three reasons: 1. Net Sales Revenue increased by THB 55.23 million or 4.60%, driven by an increase in sales volume growth. As a result, the company's Gross Profit increased by THB 13.75 million or 4.65% versus prior year. 2. Marketing support fund from Coca-Cola Thailand increased by THB 24.04 million or 32.64%. 3. Increases in selling and administrative expenses by THB 10.98 million or 2.79% were registered. This was largely due to sales promotion expenses incurred as part of sales effort to the Modern Trade customers, and the higher costs of fuel. The above three key drivers accounted for the improvement in the Company's Net Profit in the six-month periods of 2008. Yours faithfully, For Haad Thip Public Company Limited Sec.Lt. (Phairoch Rattakul) President & CEO Office of the Managing Director Tel.0-2391-4488 Ext. 103