Dec 28, 2007
Notice Of A Change In The Percentage Level Of A Substantial Shareholder's Interest

Part I
1. Date of notice to issuer 28/12/2007
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 27/12/2007
2. The change in the percentage level From 28.87 % To 28.88 %
3. Circumstance(s) giving rise to the interest or change in interest Open Market Purchase

Before changing, MM Group Limited has deemed interest 28.87% 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 2.24% in THBEV respectively.

On 27/12/07 GC purchased 2,100,000 THBEV shares from open market, resulting MM Group Limited deemed interest in THBEV rising to 28.88%.

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 7,248,649,000
As a percentage of issued share capital 0 % 28.87 %
No. of shares held after the change 0 7,250,749,000
As a percentage of issued share capital 0 % 28.88 %