Dec 15, 2009
Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

Part I
1. Date of notice to issuer 15/12/2009
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 14/12/2009
2. The change in the percentage level From 29.50 % To 19.07 %
3. Circumstance(s) giving rise to the interest or change in interest # Others

Before changing, MM Group Limited has deemed interest 29.50% 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%, 10.43% and 15.75% in THBEV respectively.

On 14/12/09, GC sold 2,618,325,000 THBEV shares to Siriwana Company Limited, resulting MM Group Limited deemed interest in THBEV decreasing 19.07%.

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 7,407,584,000
As a percentage of issued share capital 0 % 29.50 %
No. of shares held after the change 0 4,789,259,000
As a percentage of issued share capital 0 % 19.07 %