PROSPECTUS THAI BEVERAGE PUBLIC COMPANY LIMITED ...

Part 2 Issuing Company Thai Beverage Public Company Limited11.4 Accounts PayableRelated Parties Description of Business Nature of Relationship with ThaiBev Transaction Value (in millions of Baht) Details of the Transactions1. Berli Jucker Plc. • Manufacturing,wholesalingand retailing packagingand consumer products2. Thai BeverageCan Co.• Importing and distributingtechnical & industrial,construction & engineeringand IT products andlogisticsManufacturing beverage cansand aluminum covers• A director and major shareholder ofThaiBev (Mr. CharoenSirivadhanabhakdi) is a director andindirectly holds major shares in BerliJucker Plc.• Some of the directors and/orshareholders of ThaiBev (KhunyingWanna Sirivadhanabhakdi, Mr.Thapana Sirivadhanabhakdi, Mr.Panote Sirivadhanabhakdi, Mr.Staporn Kavitanon, Mr. SithichaiChaikriangkrai, Ms. ThapaneeTechajareonvikul and Ms. AtinantBijananda) are directors of BerliJucker Plc.• A director and major shareholder ofThaiBev (Mr. CharoenSirivadhanabhakdi) indirectly holdsmajor shares in Thai Beverage CanCo.• Some of the directors and/orshareholders of ThaiBev (Mr. NarongSrisa-an and Mr. SithichaiChaikriangkrai) are directors of ThaiBeverage Can Co.Year EndedDecember 31, 2007Six-Month PeriodEndedJune 30, 2008471.29 554.20 The main transactions areaccounts payable arisingfrom Thai BeverageRecycle Co. bought usedbottles from Berli JuckerPlc. according to theagreement between ThaiBeverage Recycle Co. andBerli Jucker Plc. (pleasesee Section 2.13 – OtherRelevant Information).Terms of payment were inline with market practice.138.94 102.80 Accounts receivablearising from BeerThaiPlc., BeerThip Co. andCosmos Co. boughtaluminum cans from ThaiBeverage Can Co. Termsof payment were in linewith market practice.Part 2 Page 138