LOXLEY PUBLIC COMPANY LIMITED

Key Highlights 9-month 2011

& Business Outlook

28 Nov 2011

Trinity Tea Talk

15 Sep 2011

2

1. Key Highlights 9-month 2011

2. Business and Organization Structure

3. Financial Highlights 9-month 2011

4. Key Business Driven Moving Forward

Content

1. Key Highlights 9-month 2011

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1. Key Highlights 9-month 2011

•Compared to 9-month’10, revenue in 9-month’11 of THB 9,360 million, increased by 33%, mainly resulting from an increase in revenue from ICT & Project Business.

•Revenues in Q1-Q3,2011 were THB 2,580, 3,427 and 3,420 million (Revenue Structure was ICT & Project : Trading : Service = 57:36:7)

Revenues

•Compared to 9-month’10 (before impairment) , net profit in 9-month’11 of THB 345 million, increased by 25%. Key contributions were 1) ICT & Project Business and 2) Equity profit from associate companies.

•Net profit in Q1-Q3,2011 were THB 143, 110 and 91 million. Decrease in net profit in Q3’11 was mainly due to project delay.

Net Profit

•Key business driven is ICT & Project Business which the existing backlog as at Sept’11 was THB 11,542 million, and this backlog will generate revenue in Q4’11 to 2012.

•Key business expansion in H2’11 will be Loxley Japanese Food Service (“Ai Japanese Food Village”) and L Solar 1. These project will slightly soft launch in H1’11 and fully commercialize to generate income in 2012.

•Key impacts from flooding problem were to some warehouses in Pathumthani province. The impact value to assets were considered as insignificant due to the preventive plan and the covered asset insurance.

Current issues

2. Business and Organization Structure

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PCC

ICT Turnover 3,433

Trading Turnover 3,368

MVNO

Loxley Global (LPC 51%)

Loxley Gtech (LPC 18%)

Turnover 3,529 MB Turnover10,769 MB Turnover 241 MB Turnover 322 MB Turnover 264 MB

CO. & Subsidiaries

Technology Turnover 380

Service Turnover 500

Associates

2.Business and Organization Structure

Project Turnover 1,679

25% 40% 30% 40% 50% 45% 51%

33%

Revenue 15,126 MB

Revenue 9,360 MB

Note : All figures were as of 9-month 2011

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2. Business and Organization Structure

Business Overview

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ICT & Project

Trading Business

Joint Venture Business

Service Business

2. Business and Organization Structure

3. Financial Highlights 9-Month 2011

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3. Financial Highlights 9-month 2011

Q3 and 9-month 2011 Highlights

THB Million Q3/2011 Q3/2010 YTD 2011 YTD 2010

Sales of products & services 3,404 2,458 9,360 7,060

Cost of sales and services -2,890 -2,043 -7,916 -5,903

Gross profit 514 415 1,444 1,157

Selling & admin expenses -487 -410 -1,366 -1,152

EBIT before Equity profit 54 51 163 126

Equity profit from associated 99 33 384 287

EBIT 153 83 547 413

Finance cost -44 -28 -111 -85

Income tax -17 -3 -72 -30

Net Profit 94 48 355 285

Impairment -3 -346 -10 -346

Net Profit after impairment 91 -298 345 -61

Key Financial Ratio Q3/2011 Q3/2010 YTD 2011 YTD 2010

% Gross Margin 15% 17% 15% 16%

% SG&A/Sales 14% 17% 15% 16%

% Net Margin 3% -12% 4% -1%

EPS (Baht) 0.05 -0.15 0.17 -0.03

9-Month

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3. Financial Highlights 9-month 2011

Revenue Comparison

Q3/10 VS Q3/11

YTD/10 VS YTD/11

Revenue : THB Million

39%

33%

Significant sales

growth

sales growth by 39% and 33% in Q3/11 and YTD2011

Mainly from ICT &

Project Business

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3. Financial Highlights 9-month 2011

Net Profit Comparison

Q3/10 VS Q3/11

YTD/10 VS YTD/11

Net Profit

: THB Million

81%

25%

Increase in Net Profit

Net Profit growth by 81% and 25% in Q3/11 and YTD2011

Mainly from ICT &

Project Business and

Equity Profit from

associate companies

Q3/2010 Q3/2011 YTD2010 YTD2011

Net Profit before impairment 48 94 285 355

Impairment 346 2 346 10

Net Profit (294) 91 (62) 345

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3. Financial Highlights 9-month 2011

• Total revenue in Q3/2011 remained stable compared to Q2/2011, which key contribution was ICT& Project Business.

• Slight decrease in Net Profit in Q3/2011

Quarterly Review for 2011

: THB Million

Revenues

Net Profit

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3. Financial Highlights 9-month 2011

• YTD 2011 (9-month) Revenue of THB 9,437 million increased by 21% comparing to 2011 revenue (Annualized basis).

• Revenue Structure ICT & Project : Trading : Service = 57:36:7

Revenue : 5-year Comparison

: THB Million

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3. Financial Highlights 9-month 2011

Consolidated Balance Sheets

Y2009 Y2010 SEP’2011

Total Assets 10,150 9,793 11,373

Total Liabilities 5,845 5,558 6,886

Shareholders’ Equity 4,304 4,235 4,488

Current Ratio 1.28 1.04 0.98

D/E Ratio 1.36 1.31 1.53

Y2009

4. Key Business Driven Moving Forward

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4. Key Business Driven Moving Forward

Order backlog

Jewel Investments

Business Expansion

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THB Million

Total Project Value

Total Order Backlog

18,069 11,542

4. Key Business Driven Moving Forward

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Order Backlog by Major Projects

4. Key Business Driven Moving Forward

Customers / Organizations Projects Project Order BacklogValue Sep' 11

ICT GROUPTOT 3G 5,600 4,480 CAT Communication Submarine Network (CSN) 2,527 2,527 Krung Thai Computer ServicesH/W and S/W Application 748 545 MOE 100 Classrooms Model 303 246

Fiber Optic Cable Network - Zone 4 Southern 447 167 Others 3,148 1,576 Total 12,773 9,542

PROJECT GROUPPEA 115-22kV Substations 1,528 666 EGAT Sectionalizing Mae-Moh Transmission Line 586 88 RTN Dipping Sonar 925 184 Sinothai Caddle/Lysaght - MRTA Purple line 181 181 Others 1,574 516 Total 4,794 1,637

TECHNOLOGY GROUPSRT Signalling Installation 63 routes - Nakornsawan 46 45

Signalling Installation 11 routes - Lam Chee 42 42 BECL Manual Toll Collection System (MTC) Section D 39 37

Manual Toll Collection System (MTC) Section B 30 28 ASST Joint Venture Track Rehap Phase 6 68 68 One to One Contacts Co., Ltd. Replacement for Phone Information System 55 42 Others 220 101 Total 502 363

18,069 11,542

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Milestone Phase 1.1 Phase 1.2 Phase 1.3 Total

Cell Site (Site)

Provinces

1,772

4

1,686

13

1,314

59 4,772

76

Samart

-Cell Site (Site)

-Provinces

1,772

4

438

2

493

19

2,703

25

Loxley

-Cell Site (Site)

-Provinces

-Value (MB)

0

0

298

1,248

11

3,039

821

40

2,262

2,069

51

5,599

North

Northeast

Central

South

SL Consortium – Samart & Loxley

Type Construction of the Third Generation of Mobile Telephone Network

Project Value 15,999 MB (Samart: Loxley 65:35)

Project Period May 2011- Apr 2012

3G Project

4. Key Business Driven Moving Forward

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4. Key Business Driven Moving Forward

CAT Submarine Network (CSN) Project

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Fiber Optic Cable Network-NEdNet

4. Key Business Driven Moving Forward

Milestone Zone 2 Zone 3 Zone 5 Total

Line Route (Site-School)

1,610 1,540 1,228 4,378

Distance (Km) 8,050 7,700 7,368 23,118

Project Value(MB)

553 529 506 1,588

AL Consortium – AIT & Loxley

Type Design, Supply and Installation of Optical Fiber Cable in zone 2-NEN, zone 3-NES and zone 5-S

Project Value Zone 2 Northeast-North 553 MB Zone 3 Northeast-South 529 MB Zone 5 South 506 MB

Project Period 600 Day (3rd Fiscal Yeas, 2011-2013)

* It is MOE Project with total Budget 3,000 MB (5 zones/7,600 schools).

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4.Key Business Driven Moving Forward

Jewel Investments : Investment at equity value 3,349 MB (30 Sep 2011) Compared to initial historical value at 1,390 MB

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Key Associate Joint Venture “BlueScope Lysaght / BlueScope Steel” • Established since 1995, represents the

largest plant in South East Asia and primarily a roll forming business specializing in the manufacture and supply of coated steel building products such as steel roofing, wall cladding, structural floor decking, high strength purlins, sandwich Panel system and a variety of other steel building products.

• The Map Ta Phut plant is incorporated a cold rolling mill and pick line (capacity 400,000 tonnes) metal coating capability (375,000 tonnes) and a paint line (90,000 tonnes).

• The business employs over 400 people.

4. Key Business Driven Moving Forward

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“BP-Castrol (Thailand)” • Established since March 1972, the

Company produces and distributes engine lubricants under the trade names of “Castrol” and “BP”. Market share represent one of top 5 leading lubricant distribute in Thailand.

• BP-Castrol’s blending plant is located in Samutsakhon and capacity is 80kt/y.

• The Company is reinforcing through its (I) Bike Point (1,802) network of maintenance catering to needs of the country’s large motorcycle fleet and (II) Auto Service (604) network of

maintenance and service for four-wheelers

Key Associate Joint Venture

4. Key Business Driven Moving Forward

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4. Key Business Driven Moving Forward

Business Expansion Loxley Green Solution

“L Solar 1” • VSPP-8MW / 20 years

• Technical Partners: Dupont PV / Leonics Inverter

• Location: 215 Rai at Prachinburi

• Investment of 720 MB.

• Commercial Operation Date in Dec 2011.

• Ai @ Terminal 21, opened on 11 Oct 2011

• WaQ@ Siam Paragon, coming soon!!!

• Ai @ The Nine, opened on 24 Jul 2011

Loxley Food Service

“Japanese Food Village”

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Investor Relations Contact Person : Boonlert Jaimun

Tel: 66 (0) 2348-8141 Fax: 66 (0) 2348-8614

E-mail: boonlertj@loxley.co.th

Loxley Public Company Limited 102 Na Ranong Road, KlongToey

Bangkok 10110, Thailand

www.loxley.co.th

Thank you