PTTEP 13061/00-3012/2019

Investor Relations

Tel. +66(0) 2537 4868, +66(0) 2537 5843

21 March 2019

President

The Stock Exchange of Thailand

93 Ratchadapisek Road, Din Daeng

Bangkok 10400

Dear Sir,

Subject: Investment in Exploration Blocks PM407 and PM415 in Malaysia

PTT Exploration and Production Public Company Limited, or PTTEP wishes to announce that on 21 March 2019, PTTEP HK Offshore Limited (Malaysia Branch) or PTTEP HKO, a wholly-owned subsidiary of PTTEP and PETRONAS Carigali Sdn. Bhd. (PCSB) signed Production Sharing Contracts with Petroliam Nasional Berhad (PETRONAS) for exploration and production rights of 2 blocks located in offshore Peninsular Malaysia as follow.

Block

Partners' Participating Interests

PM407

PTTEP HKO (operator)

55%

PCSB

45%

PM415

PTTEP HKO (operator)

70%

PCSB

30%

This investment in Malaysia exploration blocks supports PTTEP's growth strategy to expand investment in South East Asia where PTTEP has expertise (Coming Home Strategy) and also enhance our presence for future growth in Malaysia.

Please be informed accordingly.

Sincerely yours,

Phongsthorn Thavisin

Phongsthorn Thavisin

President and Chief Executive Officer

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PTT Exploration & Production pcl published this content on 21 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 March 2019 11:54:04 UTC