advisor has assessed the price of the Company's ordinary shares through various methodologies and concluded that a reasonable price should be in the range of Baht 27.29 and Baht 45.11 per share, and the offering price is in that range. The Board of Directors of the Company unanimously opined that the offering price of Baht 41.3077 is reasonable and acceptable. The shareholders may consider accepting the tender offer.* However, the shareholders should carefully analyse and consider the opinion of the Board of Directors and the independent financial advisor prior to making a decision to tender their shares to the Offeror. Remark: * The opinion of the Board of Directors of the Company excludes the voting of the concerned directors who are not eligible to vote on the said resolution, i.e. 6 directors of the Company who are the directors of the Offeror. 4.2 Opinion of the Advisor to the shareholders approved by the SEC See attached. The Company hereby certifies that the above statements are true and no concealment has been made on any material information which may affect the decision of the investors. Berli Jucker Public Company Limited Mr. David John Nicol President & CEO