Jan 20, 2010
Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

Part I
1. Date of notice to issuer 20/01/2010
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 19/01/2010
2. The change in the percentage level From 19.13 % To 19.13 %
3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase

Before changing, MM Group Limited has deemed interest 19.13% 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 15.75% in THBEV respectively.

On 19/01/2010, GC purchased 500,000 THBEV shares from open market, resulting MM Group Limited deemed interest in THBEV remaining at 19.13%.

Mr. Charoen Sirivadhanabhakdi and Khunying Wanna Sirivadhanabhakdi have deemed interests in THBEV through MM Group Limited through GC.
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 4,804,259,000
As a percentage of issued share capital 0 % 19.13 %
No. of shares held after the change 0 4,804,759,000
As a percentage of issued share capital 0 % 19.13 %