Part I
1.	Date of notice to issuer	09/12/2011
2.	Name of Substantial Shareholder	Maxtop Management Corp.
3.	Notice Type	Notice of a Change in the Percentage Level of a Substantial Shareholder's Interest or Cessation of Interest.
Part II - Not Required
Part III
1.	Date of change of Interest	08/12/2011
2.	The change in the percentage level	From 17.09 % To 17.09 %
3.	Circumstance(s) giving rise to the interest or change in interest	Open Market Purchase Before changing, Maxtop Management Corp. ("Maxtop") has 17.09% direct interest in Thai Beverage Public Company Limited ("THBEV"). On 08/12/2011, Maxtop purchased 2,000,000 THBEV shares from open market at SGD 0.25500 per share, resulting in its direct interest in THBEV remaining at 17.09%. Mr. Charoen Sirivadhanabhakdi and Khunying Wanna Sirivadhanabhakdi have deemed interests in THBEV through MM Group Limited through Maxtop.
4.	A statement of whether the change in the percentage level is the result of a transaction or a series of transactions:	The change in the percentage level is the result of a transaction described above.
Part IV
1.	Holdings of Substantial Shareholder, including direct and deemed interest :
	Direct Deemed No. of shares held before the change 4,290,536,762 0 As a percentage of issued share capital 17.09 % 0 % No. of shares held after the change 4,292,536,762 0 As a percentage of issued share capital 17.09 % 0 %