PTT Public : Inter-Company Borrowing and Lending Agreement between PTT Public Company Limited and Global Power Synergy Public Company Limited

(Translation)

No. 80000001/641

15 June 2020

Subject Inter-Company Borrowing and Lending Agreement between PTT Public Company Limited and Global Power Synergy Public Company Limited

ToPresident

The Stock Exchange of Thailand

Board of Directors of PTT Public Company Limited ("PTT") at the meeting held on 22 June 2012

passed the resolution on the approval of short term liquidity management between PTT and PTT group companies, which PTT has stake holding less than 100%, in the form of Inter-Company Borrowing and Lending ("ICBL") facility in Baht and/or US dollar currency under uncommitted & unsecured short term loan to enhance liquidity management and financial collaboration within PTT group.

On 15 June 2020, PTT has entered into ICBL Agreement with Global Power Synergy Public Company Limited ("GPSC") for the liquidity management among PTT Group. Besides, credit lines and details of the aforementioned agreement are as follows;

Unit: THB equivalent

Credit lines which PTT can lend to GPSC	Credit lines which PTT can borrow from GPSC	Contract Length
1,500,000,000	500,000,000	15 June - 19 December 2020

The transaction is not the connected transaction of PTT and does not require any disclosure under the rule, procedures and disclosure of information to the Stock Exchange of Thailand. PTT reports the transaction for transparency and alignment within PTT group.

Please be informed accordingly.

Yours Sincerely,

(Mr. Auttapol Rerkpiboon)

President & Chief Executive Officer

Investor Relations Department

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