Part I
1.	Date of notice to issuer	22/01/2008
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	21/01/2008
2.	The change in the percentage level	From 29.03 % To 29.05 %
3.	Circumstance(s) giving rise to the interest or change in interest	Open Market Purchase Before changing, MM Group Limited has deemed interest 29.03% 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 2.40% in THBEV respectively. On 21/1/2008, GC purchased 5,600,000 THBEV shares from open market resulting MM Group Limited deemed interest in THBEV rising to 29.05%. 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 7,288,908,000 As a percentage of issued share capital 0 % 29.03 % No. of shares held after the change 0 7,294,508,000 As a percentage of issued share capital 0 % 29.05 %