(Translation) No. 01- 659 /2012 October 31, 2012 Subject Dissolution of a Subsidiary, namely Thai Ethanolamines Company Limited To President, The Stock Exchange of Thailand Whereas, PTT Global Chemical Public Company Limited ("PTTGC") has notified the Stock Exchange of Thailand regarding the restructuring and management of PTTGC's group companies by means of entire business transfer from Thai Ethanolamines Company Limited ("EA") to TOC Glycol Company Limited on October 1, 2012. PTTGC would like to make an announcement that as of October 31, 2012, EA, our subsidiary, has already registered its dissolution. The process of its liquidation will be proceeded in due course. Please be informed accordingly. Yours sincerely, (Mr. Anon Sirisaengtaksin) Chief Executive Officer ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.