Oct 10, 2011
Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

Part I
1. Date of notice to issuer 10/10/2011
2. Name of Substantial Shareholder MM Group Limited
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 Deemed Interest 07/10/2011
2. The change in the percentage level From 20.41 % To 20.42 %
3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase

Before changing, MM Group Limited has deemed interest 20.41% in Thai
Beverage Public Company Limited ("THBEV") through Risen Mark
Enterprise Limited, Golden Capital (Singapore) Limited ("GC") and Maxtop
Management Corp. which hold 3.32%, 0.06% and 17.03% in THBEV
respectively.

On 07/10/2011, Maxtop purchased 935,000 THBEV shares from open
market, resulting MM Group Limited deemed interest in THBEV rising to
20.42%.

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 0 5,126,586,762
As a percentage of issued share capital 0 % 20.41 %
No. of shares held after the change 0 5,127,521,762
As a percentage of issued share capital 0 % 20.42 %