(Translation) No: PTTGC FNA 050/2012 May 10, 2012 Subject: Submission of the Interim Financial Statements for the three-month period ended March 31, 2012 and the Management's Discussion and Analysis (MD&A) of PTT Global Chemical Public Company Limited and its Subsidiaries To: President, The Stock Exchange of Thailand Attachment: 1. A copy of the Interim Financial Statements of PTT Global Chemical Public Company Limited (the "Company") and its Subsidiaries for the three-month period ended March 31, 2012 and reviewed report of certified public accountant, with a copy of English translation 2. Company's and its Subsidiaries performance report (Form F45-3) 3. Management's Discussion and Analysis (MD&A) and operating results of the Company and its Subsidiaries for the three-month period ended March 31, 2012 We are pleased to submit the Interim Financial Statements for the three-month period ended March 31, 2012 of the Company and its Subsidiaries, which were audited by our external auditor, KPMG Phoomchai Audit Ltd., and were reviewed by the Company's Audit Committee (details as per Attachment 1 and 2). The Company and its subsidiaries was formed from the amalgamation between PTT Chemical Public Company Limited and PTT Aromatics and Refining Public Company Limited and registered as a new entity on October 19, 2011. As a result, the Interim Financial Statements represented the performance only for the three-month period ended March 31, 2012. However, for the Company's and its subsidiaries performance analysis purposes, the Company had prepared unaudited Pro-forma consolidated financial statements for quarter 1Q/2011 and 4Q/2011, and hereby prepared management's discussion and analysis (details as per Attachment 3). In 1Q/2012 the Company and its subsidiaries had net profit of 9,852 million baht declined 12% from 1Q/2011 and increased 143% from prior quarter with earnings per share of 2.19 baht/share. The Company and its subsidiaries performances can be conclude as follows. (Unit : Million Baht) 1Q/2012 1Q/2011 4Q/2011 %YoY % QoQ Revenue from Sale 133,666 103,698 126,117 29% 6% EBITDA 14,611 18,198 8,693 -20% 68% Net Profit 9,852 11,162 4,053 -12% 143% EPS (Baht) 2.19 2.48 0.90 -12% 143% The main factors in 1Q/2012 include the political issues of the oil producing countries, which resulted the Dubai crude oil price to average at 116 $/BBL for the quarter, increasing 16% and 9% from 1Q/2011 and 4Q/2011, respectively. The increasing of crude oil price resulted in higher utilities cost and higher feedstock prices, which leads to higher the petroleum and petrochemical products prices. However, the concern over the uncertainty of economic situation in Europe and USA and along with the more cautious economic policy in China, contributed to soften demand and putting pressure on the products spreads. Please be informed accordingly. Sincerely yours, (Patiparn Sukorndhaman) Executive Vice President - Finance and Accounting Corporate Finance and Investor Relations Tel: 02 265 8400 ext. 8421, 8712, 8713, 8714, 8327 ______________________________________________________________________ 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.