Clarification on Operating Results for Q1/2008

15 May 2008
15th May, 2008 The President The Stock Exchange of Thailand Dear Sir, Clarification on Operating Results for the First Quarter of 2008 The Company's operating results for the first quarter of 2008, which have been reviewed by external auditors, showed a Net Profit of THB 22.82 million, an increase of THB 19.62 million, or an 20% improvement versus prior year. This improvement in Net Profit was due to the following three reasons: 1. Net Sales Revenue increased by THB 26.34 million or 4.16%, driven by an increase in sales volume growth. As a result, the company's Gross Profit increased by THB 9.76 million or 6.25% versus prior year. 2. Marketing support fund from Coca-Cola Thailand increased by THB 13.14 million or 34.49%. 3. Stricter control of operating expenses, resulting in a reduction of 1.38% versus prior year. The above three key drivers accounted for the improvement in the Company's Net Profit in the first quarter 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