usun i"auu amoasiUdunua iu'io cunuJu) Jasmine lnternational Public Company Limited

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200 1f'U 29-30 14 O'U'UtL 'l ,1:; fl1lJ u1nLfl VI il1Lfltl-u1nLfl VI 11VIUU'n1.f'I 11120 200, 29th-30th FL., Moo 4, Chaengwatana Road, Pakkred Sub-District, Pakkred District. Nonthaburi 11120, Thailand.

Tel. +66 (O) 2100 3000 Fax: +66 (O) 2100 3150-2 URL: http://www.jasmine.com Registration No. 0107537000106

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES

RC 041113
14 November 2013
Subject : Aniendments to the Information Memorandum in Connection with the Entry into Transactions with the Infrastructure Fund
To : President of the Stock Exchange of Thailand
As Jasmine Intemationa1 Public Company Limited (the "Company") has submitted the reso1ution passed by the Board of Directors to approve the entry into transactions with the Infrastructure Fund on
24th September 2013 and 1ater submitted the Information Memorandum Conceming the Acquisition and Disposa1 on 8 November 2013, the Company hereby wou1d like to notify the Stock Exchange of Thailand that amendments bave been made to some items in connection with the Infrastructure Fund as follows :-

l. The disposal of assets that includes the share pledge transaction

From
Amended to

2. Lease term

From

Amended to

There is no share pledge transaction.
The Company and/or its subsidiaries will offer security to the Fund as payment of the Iease fee for the assets to be Ieased by pledging shares of the subsidiaries as a security to the Fund. This matter was proposed for calculating the value of the transactions as set out in the Notification of the Capitai Market Supervisory Board No. TorChor.
20/2551 re: Rules on Entering into Materia! Transactions Deemed as Acquisition or Disposal of Assets, and the Notification of the Board of Govemors of the Stock Exchange of Thailand re: Disclosure of lnformation and Other Acts of Listed Companies Conceming the Acquisition and Disposition of Assets, B.E. 2547 (the "Acquisition or Disposal of Assets Notifications"). Since this transaction is under the process of negotiation between the Company and/or its subsidiaries and the Fund, there might be changes or amendments to the related conditions.
The term of the lease agreement is 7 years or there will be 2 operating lease renewals each of approximately 7 years in Iength, for approximately 20 years.
The term ofthe lease agreement shall be 12 or 7 years, depending on the type ofasset leased.
3. Lease fee throughout the Iease term
From Lease payment will consist ofbase fee, which will be approximately Baht 4,200
million per year and additional variable fee linked with the usage or no. ofbroadband internet subscribers. Therefore the totallease payment for 7 years will be not !ess !han Baht 29,400 million. However, ifthe renewal incur by 2 more times aggregated up to
20 years, the minimum lease payment will be Baht 84,000 million. Such value is the value before discounted into present value.

This announcement is not for publication or distribution, directly or indirectly, in or into the United States (including its territories and possessions, any state of the United States, and the District of Columbia). This announcement is not an offer of securities for sale into the United States or any other jurisdiction. The securities referred to herein bave not been and will not be registered under the U.S. Securities Act of 1993, as amended, and may no! be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering is being made in the United States

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NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES

2. Access Nodes for ADSL : Lease fee starts at approximately 12,000 Baht/node/year and increases throughout the lease term, that is approximately of 7 years. The lease fee throughout the lease term is approximately Baht 4,700 million.
3. Cable links to ADSL customers : Lease fee starts at approximately 1,000
Baht/port/year and increases throughout the Iease term, that is approximately of 12
years. The lease fee throughout the lease term is approximately Baht 44,000 million.
The aforementioned lease fee may change, depending on the fina!agreement between the Company and/or its subsidiaries and the Fund.
Variable lease fee payment is derived from increasing revenue or increasing no. of broadband internet subscribers.The payment rate depends on the agreement, which will be made later. The variable lease fee will not exceed approximately 20% of the total lease fee, which is stili uncertain whether TTTBB, the Company and/or its subsidiaries will pay this revenue sharing.
4. Period for graduai trausfer of assets

FromThe Company and/or its subsidiaries are willing to additionally invest in the next 3

years and will transfer the ownership to the Fund upon completion, whereby no additional fees will be charged.

Amended toThe Company will guarantee the graduai delivery of assets within 2 years after the establishment date of the Fund.

5. Additional investment value in assets

FromThe Company and/or its subsidiaries are willing to additionally invest in the next 3 years which will belong to the Fund, whereby no additional fees will be charged.

Amended toThe value of assets to be delivered within 2 years after the establishment date of the

Fund is approximately Baht 3,800 million.
Please see additional details in Information Memorandum dated 8 November 2013.
Please be informed accordingly.

Yours sincerely,
Jasmine Intemational Public Company Limited

(Mr. Pete Bodharamik) Chief Executive Officer
cc. The Securities and Exchange Commission

This announcement is not for publication or distribution, directly or indirectly, in or into the United States (including its territories and possessions, any state of the United States and the District of Columbia). This announcement is not an offer of securities for sale into the United States or any other jurisdiction. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1993, as amended, and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration. No public offering is being made in the United States

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