PROSPECTUS THAI BEVERAGE PUBLIC COMPANY LIMITED ...

Part 2 Issuing Company Thai Beverage Public Company LimitedRelated Parties Description of Business Nature of Relationship with ThaiBev Transaction Value (in millions of Baht) Details of the Transactions2. Dynamic AssetsProperty andLoan Fund3. The UtaraditSugar IndustryCo.4. The MaewangSugar IndustryCo.Property fundManufacturing and sellingsugar, raw sugar and molassesManufacturing and sellingsugar, raw sugar and molasses5. Pisetkij Co. Buying and selling factoryremnants, such as glassremnants, scrap paper andother wastes• Mr. Charoen Sirivadhanabhakdi,Khunying Wanna Sirivadhanabhakdiand their daughters indirectly holdmajor investment units of DynamicAssets Property and Loan Fund• A director and major shareholder ofThaiBev (Mr. CharoenSirivadhanabhakdi) indirectly holdsmajor shares in The Utaradit SugarIndustry Co.• A director and shareholder ofThaiBev (Mr. PanoteSirivadhanabhakdi) is a director ofThe Utaradit Sugar Industry Co.• A director and major shareholder ofThaiBev (Mr. CharoenSirivadhanabhakdi) indirectly holdsmajor shares in The Maewang SugarIndustry Co.• A director and shareholder ofThaiBev (Mr. PanoteSirivadhanabhakdi) is a director ofThe Maewang Sugar Industry Co.• A director and major shareholder ofThaiBev (Mr. CharoenSirivadhanabhakdi) indirectly holdsmajor shares in Pisetkij Co.• Some of the directors and/orshareholders of ThaiBev (Mr.Year EndedDecember 31, 2007Six-Month PeriodEndedJune 30, 20081.01 1.02 Thai Beverage RecycleCo. and Surathip Co. paidrentals in advance toDynamic Assets Propertyand Loan Fund for landand warehouse.- 1.99 Thai Molasses Co. madedeposit payments to theUtaradit Sugar IndustryCo. to secure its purchasesof molasses.- 3.18 Thai Molasses Co. madedeposit payments to theMaewang Sugar IndustryCo. to secure its purchasesof molasses.2.23 2.07 Pisetkij Co. owedSubsidiaries payments forits purchase of glassremnants, scrap paper andother wastes.Part 2 Page 145