(Translation)

Ref. TBK 01/0482

August 30, 2019

Subject:

Interim Dividend Payment

To

:

President of the Stock Exchange of Thailand

Dear Sirs,

Thai Oil Public Company Limited (the Company) would like to inform that the Company's Board of Directors at the meeting No. 7/2019 held on August 30, 2019 has approved the payment of Interim Dividend for the first half of 2019 performance to the Company's shareholders of total 2,040,027,873 shares at the rate of Baht 1.00 per share, or approximately Baht 2,040 million from the Company's unappropriated retained earnings as at June 30, 2019.

The Board has set the Record Date to entitle rightful shareholders who may receive the dividend on September 13, 2019 and to pay the dividend on September 27, 2019.

Whereby, shareholders paying personal income tax shall be entitled to a tax credit for the received dividend in accordance with Section 47 bis of the Revenue Code of Thailand as follows:

  • The dividend of Baht 0.56 per share, paid from the net profit with 30% Corporate Income Tax, can be credited at 30/70 of the dividend.
  • The dividend of Baht 0.22 per share, paid from the net profit with 20% Corporate Income Tax, can be credited at 20/80 of the dividend.
  • The dividend of Baht 0.22 per share, paid from dividend and the share of profits which is exempted from calculated Corporate Income Tax, cannot be credited.

Please be informed accordingly.

Yours truly,

Thai Oil Public Company Limited

------

(Mr. Atikom Terbsiri)

Chief Executive Officer & President

Investor Relations Section

Tel. 0 2797 2999 Ext. 7370-7374

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Thai Oil pcl published this content on 30 August 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2019 10:30:05 UTC