PROSPECTUS THAI BEVERAGE PUBLIC COMPANY LIMITED ...

Part 2 Issuing Company Thai Beverage Public Company Limited11. Related Party TransactionsFor the year ended December 31, 2007 and six-month period ended June 30, 2008, the Company has conducted its business with related parties andthe details of such transactions can be found in the notes to the consolidated financial statements of the Company. The following table summarizes relatedparty transactions (including the detailed discussion of such transaction if it is material)11.1 Revenue11.1.1 Revenue from Sales of Products and ServicesRelated Parties Description of Business Nature of Relationship with ThaiBev Transaction Value (in millions of Baht) Details of the Transactions1. Pisetkij Co. Buying and sellingfactory remnants, such asglass remnants, scrappaper and other wastes2. P.S. Recycle Co. Buying and selling usedmaterials, such as glassbottles, scrap papers andother wastes• A director and major shareholder ofThaiBev (Mr. CharoenSirivadhanabhakdi) indirectly holdsmajor shares in Pisetkij Co.• Some of the directors and/orshareholders of ThaiBev (Mr. ThapanaSirivadhanabhakdi and Mr. SithichaiChaikriangkrai) are directors of PisetkijCo.Year EndedDecember 31, 2007Six-Month PeriodEndedJune 30, 200821.78 9.93 The main transactions areThai Beverage RecycleCo.’s sales of glassremnants, factory remnantsand scrap paper to PisetkijCo. Prices charged wereconsistent with marketprices.• A brother of a director and majorshareholder of ThaiBev (Mr. CharoenSirivadhanabhakdi) has a control overthe business of P.S. Recycle Co. (1) 100.53 45.08 Thai Beverage Recycle Co.sold paper boxes to P.S.Recycle Co. Prices chargedwere consistent withmarket prices that ThaiBeverage Recycle Co. soldto other non-relatedparties.(1)Not a person who may have a conflict of interest with ThaiBev according to SEC’s definition.Part 2 Page 117