Sep 27, 2011
Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

Part I
1. Date of notice to issuer 27/09/2011
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 26/09/2011
2. The change in the percentage level From 20.37 % To 20.40 %
3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase

Before changing, MM Group Limited has deemed interest 20.37% 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 16.99% in THBEV respectively.

On 26/09/2011, Maxtop purchased 5,409,000 THBEV shares from open market, resulting MM Group Limited deemed interest in THBEV rising to 20.40%.

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 5,116,772,762
As a percentage of issued share capital 0 % 20.37 %
No. of shares held after the change 0 5,122,181,762
As a percentage of issued share capital 0 % 20.40 %