SET Announcements

- TRANSLATION - 1000/131/2010 August 2, 2010 Subject : Submission Reviewed Financial Statements and MD&A for the three- month period and six-month period ended June 30, 2010 Attention : President of The Stock Exchange of Thailand Attachment: 1. A copy of reviewed financial statements of The Bangchak Petroleum Public Co., Ltd. and its subsidiaries for the three- month period and six-month period ended June 30, 2010 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 three-month period and six-month period ended June 30, 2010 which has been reviewed 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 the six-month period of 2010 the consolidated financial statements, net profit attributable to equity holders of the Company was Baht 1,217 million (EPS 1.04 Baht), decreased from Baht 4,295 of the same period of last year mainly came from oil hedging transaction. Last year, unfavorable futures market conditions made the window to enter in the market was limited therefore the result of hedging transaction in the year 2010 will not receive as much gain as last year perform. 2) For the second quarter of 2010 the consolidated financial statements, net profit attributable to equity holders of the Company was Baht 434 million, decreased from Baht 2,704 of the same period of last year mainly came from less hedging gain and inventory effect from oil price decreasing. 3) As of June 30, 2010, the Company and its subsidiaries total assets were Baht 54,935 million increased from December 31, 2009 by Baht 1,044 million. Total liabilities were Baht 28,866 million and Shareholders' equity was Baht 26,069 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 three month period and six-month period ended June 30, 2010 as per attachment 2. Please be informed accordingly. Yours sincerely, - Signed - (Anusorn Sangnimnuan) President Investor Relation Section Tel : 0-2335-4583