Ratch Public : The investment to expand power and steam generating capacity of RATCH Cogeneration Company Limited

"Translation"

RATCH 273/2020

4 August 2020

Subject:	The investment to expand power and steam generating capacity of
	RATCH Cogeneration Company Limited
Attention:	President of the Stock Exchange of Thailand

As RATCH Group Public Company Limited (the "Company") has previously reported about the

99.97 per cent investment in RATCH Cogeneration Company Limited ("RCO"), a Small Power Producer with net power generating capacity of 110 megawatts and steam generating capacity of 10 tons per hour. RCO has 90 megawatts firm cogeneration Power Purchase Agreement with

Electricity Generating Authority of Thailand ("EGAT") for 25 years. The remaining power and steam will be sold to industrial users in Navanakorn Industrial Promotion Zone in Pathum Thani Province, Chum Num Subb Industrial Property Project, National Science and Technology Development Agency ("NSTDA") and neighboring areas. The Power Plant has been commercially operating since 31 October 2013.

The Company would like to report that on 4 August 2020, RATCH Cogeneration Company Limited has received EGAT's consent for its expansion of power generating capacity by approximately 30 megawatts and steam generating capacity by approximately 5.46 tons per hour in order to sell the additional power and steam to the aforementioned industrial users. The investment cost will be approximately Baht 1,600 million. The construction is scheduled to begin in February 2021 and the project is expected to commence commercial operation in July 2022.

The transaction is not a connected transaction, and the transaction size does not require the application of the rules and regulations on the acquisition or disposition of assets of listed company.

Please be informed accordingly.

Sincerely yours,

(Mr. Kijja Sripatthangkura)

Chief Executive Officer

Company Secretary Office

Tel. [phone]

Fax. [phone] Ext. 9510