SET Announcements

- TRANSLATION - 1000 / 027 / 2009 February 19, 2009 Subject : Submission Audited Financial Statements and MD&A for the year ended December 31, 2008 Attention : President of The Stock Exchange of Thailand Attachment : 1. A copy of audited financial statements of The Bangchak Petroleum Public Co., Ltd. and its subsidiaries for the year ended December 31, 2008 with a copy of English translation 2. Management's Discussion and Analysis (MD&A) 3. Form illustrating summary results of Business Operations of Listed Companies (F45-3) The Bangchak Petroleum Public Co., Ltd. (the Company) is pleased to submit financial statements and consolidated financial statements for the year ended December 31, 2008 which has been audited by the Company's Auditor and the Audit Committee, details of which are as per attachment 1. The Company's performance is summarized as follows; 1) For year 2008, the consolidated financial statements recorded net loss of Baht 750 million,which are including the Company's net loss of Baht 689 million, the subsidiaries' net loss of Baht 33 million, and adjustment by connected transactions of Baht -28 million. Major factor of loss contribution came from the impact of oil price collapse. 2) As of December 31, 2008, the Company and its subsidiaries total assets were Baht 42,540 million decreased from December 31, 2007 by Baht 2,438 million. Total liabilities were Baht 22,777 million and Shareholders' equity was Baht 19,763 million. The Company, a listed company in the Stock Exchange of Thailand, has concentrated on transparent business operation harmonious with the good corporate governance practice. So as to enable investors to better understand the Company's financial status and business operations-apart from the sole financial data in financial statements, as well as to adequately access information for decision in a security investment so the Company conducts Management's Discussion and Analysis of Business Operations for the year ended December 31, 2008 as per attachment 2. Please be informed accordingly. Yours sincerely, - Signed - (Anusorn Sangnimnuan) President Corporate Planning and Investor Relation Office Tel : 0-2335-4583