(-Translation-)
Ref. SorNor. 063/2557
April 30, 2014
To: President
The Stock Exchange of Thailand

Re: Notification of the establishment of new subsidiary

The Board Directors' Meeting of Oishi Group Public Company Limited (the "Company") No. 1/2014, which was held on April 30, 2014, ratified the establishment of new subsidiary in Thailand with the details as follows;

1.

Name of the new subsidiary

Oishi Snack Co., Ltd.

2.

Registration date

April 28, 2014

3.

Objective

To support the expansion of snack business

4.

Registered capital

Baht 80 million, comprising 800,000 ordinary shares, with a par value of Baht 100

5.

Paid up capital

Baht 52 million or equivalent to 65%

6.

Shareholding Structure

The Company holds 799,997 shares or 99.99%

7.

Directors

1. Mr. Thapana Sirivadhanabhakdi

2. Mr. Sithichai Chaikriangkrai

3. Mr. Ueychai Tantha-Obhas

4. Mr. Pisanu Vichiensanth

5. Mr. Marut Buranasetkul

6. Mrs. Sureeporn Pradittasnee

8.

Source of Capital

Working capital of the Company

9.

Expected Benefits

To receive future dividend income from the investment

Such transaction is not connected transaction and the transaction size is not the transaction size of acquisition and disposal of assets subject to compliance with rules and regulations under the Notification of the Capital Market Supervisory Commission and the Stock Exchange of Thailand.
Please be informed accordingly.
Yours sincerely,
-Signature-
(Mrs. Chitkasem Moo- Ming) Vice President

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