Sep 17, 2008
Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

Part I
1. Date of notice to issuer 17/09/2008
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 16/09/2008
2. The change in the percentage level From 29.59 % To 29.61 %
3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase

Before changing, MM Group Limited has deemed interest 29.59% in Thai Beverage Public Company Limited ("THBEV") through Good Show Holdings Limited, Risen Mark Enterprise Limited, Golden Capital (Singapore) Limited and Maxtop Management Corp. ("Maxtop") which hold 13.91%, 12.72%, 2.79% and 0.17% in THBEV respectively.

On 16/9/2008, Maxtop purchased 5,000,000 THBEV shares from open market, resulting MM Group Limited deemed interest in THBEV rising to 29.61%.

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 7,427,501,000
As a percentage of issued share capital 0 % 29.59 %
No. of shares held after the change 0 7,432,501,000
As a percentage of issued share capital 0 % 29.61 %