Yuthachai Charanachitta Resigns as Director, Risk Management Committee and Executive Vice President of Italian-Thai Development Public Company Limited, Effective December 31, 2015

Italian-Thai Development Public Company Limited is a Thailand-based company. The Company is principally engaged in construction services and other services related to construction support, providing soil and coal extraction and removal services, real estate business, manufacturing and selling construction materials and products, including investments in other projects in Thailand and overseas. The business operations of the Company are divided into nine activities, such as buildings (office buildings, condominiums, skyscrapers, and hotels); industrial plants; pipelines and utility works (oil, gas and water transmission pipelines, conduit and manhole systems and storage tanks); highways, railways, high speed rails, viaducts, track works, MRT systems, bridges and expressways; dams, tunnels and power plants; steel structures; telecommunications; and mining. The Company’s subsidiaries include Italian-Thai International Co., Ltd., and Bhaka Bhumi Development Co., Ltd., among others.