Oct 14, 2008
Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

Part I
1. Date of notice to issuer 14/10/2008
2. Name of Substantial Shareholder Charoen Sirivadhanabhakdi
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 13/10/2008
2. The change in the percentage level From 63.99 % To 64.02 %
3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase

Mr. Charoen Sirivadhanabhakdi owns 50% interest in MM Group Limited which owns 100% interest in Maxtop Management Corp. ("Maxtop"), so he has deemed interest in Thai Beverage Public Company Limited ("THBEV") through Maxtop.

On 13/10/2008 Maxtop purchased 6,000,000 THBEV shares from open market, resulting Mr. Charoen Sirivadhanabhakdi's deemed interest in THBEV rising from 38.85% to 38.88%. As a consequence, the change in percentage level of his deemed interest from 24/01/2008 to 13/10/2008 plus his existing direct interest and Khunying Wanna Sirivadhanabhakdi direct interest triggers 1% of the voting shares of THBEV.
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 3,156,500,000 9,756,855,000
As a percentage of issued share capital 12.57 % 38.85 %
No. of shares held after the change 3,156,500,000 9,762,855,000
As a percentage of issued share capital 12.57 % 38.88 %