(Translation) No: PTTGC FNA 054/2012 August 7, 2012 Subject: Submission of the Interim Financial Statements for the three-month period and six-month period ended June 30, 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 and six-month period ended June 30, 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 June 30, 2012 We are pleased to submit the Interim Financial Statements for the three-month period and six-month period ended June 30, 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 and six-month period ended June 30, 2012. However, for the Company's and its subsidiaries performance analysis purposes, the Company had prepared unaudited Pro-forma consolidated financial statements for quarter 2Q/2011, and hereby prepared management's discussion and analysis (details as per Attachment 3). In 2Q/2012 the Company and its subsidiaries had a net profit of 851 million Baht, decreased 90% from 2Q/2011 and 91% from previous quarter with earnings per share of 0.19 Baht per share for the this quarter. The performance of the Company and its subsidiaries can be summarized as follows: (Unit: Million Baht) 2Q/2012 2Q/2011 1Q/201 %YoY % QoQ Revenue from Sale 139,241 133,202 133,666 5% 4% EBITDA 6,705 15,440 14,610 (57%) (54%) Net Profit 851 8,778 9,852 (90%) (91%) EPS (Baht/Share) 0.19 1.95 2.19 (90%) (91%) Adjusted EBITDA* 12,892 14,257 11,201 (10%) 15% Note* Adjusted EBITDA refers to EBITDA excluding impact of inventory value (excludes Inventory and NRV) Dubai crude price in 2Q/2012 averaged at 106 USD/BBL, lowered from 2Q/2011 at 111 USD/BBL or 4% and lowered from 1Q/2011 at 116 USD/BBL or 8%. The decrease was mainly from an eased concern over unrest problem in oil-producing countries coupled with higher supply in the market and prolonged Eurozone debt crisis and concerns over global economic recession. This has resulted in a stock loss of 5,073 million Baht and net realizable value (NRV) of 1,114 million Baht. However, production and sales volume of main products increased from prior quarter while major product prices made small decline. As a result, the Company's adjusted EBITDA improved from prior quarter. Moreover, there were major events during the quarter and after financial statements released i.e. explosion at BSTE that slightly affected the Company's Olefins business, in May 31, 2012, share purchase of 51% of total shares in Perstorp Holding France SAS from previous shareholder and changed the name to Vencorex Holding, in May 31, 2012, share purchase of 50% in NatureWorks LLC, and on July 27, 2012, the Board of Directors approved the adjustment of natural gas pricing formula which affected the Company's feedstock cost by 40 USD/Ton or 8% as disclosed in the SET. 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.