01 June 2012

Notification on the Investment in NatureWorks LLC

(Translation) No. 01-417/2012 June 1, 2012 Subject: Notification on the Investment in NatureWorks LLC To: President The Stock Exchange of Thailand On October 12, 2011, PTTGC International (USA) Inc. ("PTTGC USA"), which is a 100% owned company by PTT Chemical International Private Limited (a wholly-owned subsidiary of PTT Chemical Public Company Limited ("PTTCH")), had signed a membership interest purchase agreement with NatureWorks LLC ("NatureWorks") to purchase 50% stake in NatureWorks. Moreover, on October 19, 2011, PTTCH amalgamated with PTT Aromatics and Refining Public Company Limited ("PTTAR") and formed PTT Global Chemical Public Company Limited ("the Company") and, hereby, assumed all rights, duties and obligations from both PTTCH and PTTAR. The Company would like to notify the investment progress that, on May 31, 2012, the Company has completed the investment transaction for 50% stake in NatureWorks in the amount of USD 150 million or approximately Baht 4,572 million, where this investment is in accordance with the Company's strategies. NatureWorks is a biopolymer company producing PLA (Poly Lactic Acid) based in the United States, with an approximate annual capacity of 140,000 tons. In addition, NatureWorks is a company that can commercially produce PLA, a biodegradable polymer, offering low carbon footprint, and has the properties comparable with petrochemical based polymers and fibers. IngeoTM is a registered trademark of NatureWorks' PLA bioplastic products. The transaction is not a connected transaction and the size of the transaction is exempted from being disclosed under the rule, procedures and disclosure of information concerning the acquisition and disposition of assets of listed companies Please be informed accordingly. Yours sincerely, (Mr. Anon Sirisaengtaksin) Chief Executive Officer Corporate Finance and Investor Relations Tel. +66 (0) 2 265 8421, +66(0) 2 265 8574, +66 (0) 2 140 8712-14 ______________________________________________________________________ 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.