(Translation)

No. 80000001/577

June 18, 2018

Subject Notification of the resolutions of the meeting of the Board of Directors of PTT Public Company Limited supporting Global Power Synergy Public Company Limited's proposed acquisition of shares in Glow Energy Public Company Limited

ToPresident,

The Stock Exchange of Thailand

In order to ensure equal access to information, PTT Public Company Limited ("PTT") (one of the majorshareholders of Global Power Synergy Public Company Limited ("GPSC")) would like to inform you that the meeting of the Board of Directors of PTT held on 15 June 2018 resolved to support GPSC' proposed acquisition, directly and indirectly, of 1,010,976,033 shares in Glow Energy Public Company Limited ("GLOW") (representing approximately 69.11 per cent of the total issued shares) from GLOW's major shareholders and GPSC's proposed mandatory tender offer for the remaining shares in GLOW in the amount of 451,889,002 shares (representing approximately 30.89 per cent of the total issued shares), collectively called the "Proposed Transaction"

Nonetheless, PTT understands that GPSC is now in the stage of negotiation of the share sale and purchase agreement with GLOW's major shareholders, the process of which is not, at present, concluded. Also, GPSC is in the process of seeking approval from its board of directors to enter into the Proposed Transaction. Therefore, in the meantime, PTT would advise investors to exercise due care in using information appearing on the media and suggest that investors wait until the relevant listed companies disclose further information once there are developments on the Proposed Transaction which are certain.

Please be informed accordingly.

Yours sincerely,

(Tevin Vongvanich) President & CEO

Investor Relations Department

Tel 0 2537 3518 ; Fax 0 2537 3948

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PTT pcl published this content on 18 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 June 2018 02:37:01 UTC