Mar 12, 2008
Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

Part I
1. Date of notice to issuer 12/03/2008
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 11/03/2008
2. The change in the percentage level From 29.23 % To 29.25 %
3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase

Before changing, MM Group Limited has deemed interest 29.23% in Thai Beverage Public Company Limited ("THBEV") through Good Show Holdings Limited, Risen Mark Enterprise Limited and Golden Capital (Singapore) Limited ("GC") which hold 13.91%, 12.72% and 2.60% in THBEV respectively.

On 11/3/2008, GC purchased 5,000,000 THBEV shares from open market, resulting MM Group Limited deemed interest in THBEV rising to 29.25%.

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 7,339,717,000
As a percentage of issued share capital 0 % 29.23 %
No. of shares held after the change 0 7,344,717,000
As a percentage of issued share capital 0 % 29.25 %