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ANALYST’S BRIEFING : No.

3/2013
August 22, 2013

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Highlights

Q2/2013 Financial Results

EGCO Group’s Overview

 Highlights
 Q2/2013 Financial Results
 EGCO Group’s Overview

2

Highlights

Q2/2013 Financial Results

EGCO Group’s Overview

 Highlights
 Q2/2013 Highlights
• Project Highlights
• New Project Acquisition

 Post Q2/2013 Highlights
• Divestment of EGCO's investment in JV
• Signing Power Purchase Agreement

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Highlights

Q2/2013 Financial Results

EGCO Group’s Overview

XPCL
Xayaburi, Laos PDR
SCOD: January 2019
NED Expansion
Lopburi
TWF

COD: May 2, 2013

Chaiyaphum
COD: July 18, 2013

Solarco
Phase 1: Suphan Buri
Phase 2-5: Nakhon Pathom
SCOD: December 2013

COD Achievement: 1 project

GIDEC
Songkhla

Under Construction: 4 projects

SCOD: January 2014

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Highlights

Q2/2013 Financial Results

EGCO Group’s Overview

NED Expansion
Project Description
Type: Solar Power Plant
Contracted Capacity: 8 MW

Location: Wang Ploeng, Lopburi Province
Shareholders: EGCO 33.33%, CLP 33.33%, DGA 33.33%

Project Progress
-

COD on May 2, 2013

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Highlights Q2/2013 Financial Results EGCO Group’s Overview Theppana Wind Farm Power Project (TWF) Project Description Type: Wind Farm Power Plant Contracted Capacity: 6. PVI Group 10% Project Progress ‒ COD on July 18. Chaiyaphum Province Shareholders: EGCO 90%.9 MW Location: Watabak. 6 . 2013.

5 MW Location: Phase 1 .Highlights Q2/2013 Financial Results EGCO Group’s Overview Solarco Solar Power Project (Solarco) Project Description Type: Solar Power Plants Contracted Capacity: 6x9.Nakhon Pathom Province Shareholders: EGCO 49%. - Ending Q2/2013.December 2013 Project Progress - Most of PV module and main equipment were delivered to site. construction work is ongoing. 7 .60%.60% – 87. Yanhee Solar Power 51% Expected COD: September . the progress of work was from 36.Suphan Buri Province Phase 2-6 .

Songkhla Province Shareholders: EGCO 50%.Highlights Q2/2013 Financial Results EGCO Group’s Overview Hat Yai Municipal Waste Power Plant (GIDEC) Project Description Type: Municipal Solid Waste Plant Contracted Capacity: 6. IEC Green Energy 50% Expected COD : January 2014 Project Progress - The construction work for main equipment is ongoing. - Ending Q2/2013. the progress of work was 85%.5 MW Location: Hat Yai. 8 .

5% SCOD: January 2019 Project Progress . CK 57. 9 .220 MW Contracted Capacity with EDL: 60 MW Location: Xayaburi District. Run of River Installed Capacity: 1. namely Navigation Lock. the progress of work was 10. Spillway and Intermediate Block are ongoing. Laos PDR Shareholder: EGCO 12. - Ending Q2/2013. PT Construction and Irrigation Co.5%.Highlights Q2/2013 Financial Results EGCO Group’s Overview Xayaburi Power Company Limited (XPCL) Project Description Type: Hydropower Project.The design and excavation work of the three main structures.. Natee Synergy 25%.5%.13%. Ltd.285 MW Contracted Capacity with EGAT: 1.

Highlights Q2/2013 Financial Results EGCO Group’s Overview  Highlights  Q2/2013 Highlights • Project Highlights • New Project Acquisition  Post Q2/2013 Highlights • Divestment of EGCO's investment in JV • Signing Power Purchase Agreement 10 .

Highlights Q2/2013 Financial Results EGCO Group’s Overview Boco Rock Wind Farm (BRWF) Project Description Type: Wind Farm Power Plant (Green field) Installed Capacity: 113 MW Turbine: Totaling 67 GE Wind Turbine Generators (WTG) .58 WTG x 1. Australia PPA: 15 years with Energy Australia Pty Ltd.7 MW .9 WTG x 1. (100% of output purchased by Energy Australia) Shareholders: EGCO 100% SCOD: February 2015 BRWF Stage-1 11 .6 MW Location: New South Wales.

Highlights Q2/2013 Financial Results EGCO Group’s Overview  Highlights  Q2/2013 Highlights • Project Highlights • New Project Acquisition  Post Q2/2013 Highlights • Divestment of EGCO's investment in JV • Signing Power Purchase Agreement 12 .

a 110 MW diesel power plant 13 .Highlights Q2/2013 Financial Results EGCO Group’s Overview Conal Holding Corporation (Conal) Details of Divestment ‒ Sale all existing EGCO’s share in Conal (40% of shares in Conal) ‒ Conal holds the share in: 1) Alto Power Management Corporation. a management company 2) Southern Philippines Power Corporation. a 55 MW diesel power plant 3) Western Mindanao Power Plant Corporation.

Highlights Q2/2013 Financial Results EGCO Group’s Overview  Highlights  Q2/2013 Highlights • Project Highlights • New Project Acquisition  Post Q2/2013 Highlights • Divestment of EGCO's investment in JV • Signing Power Purchase Agreement 14 .

Highlights Q2/2013 Financial Results EGCO Group’s Overview New Khanom Power Plant (KN4) Project Description Type: Combined Cycle Power Plant Installed Capacity: 977 MW Contracted Capacity: 930 MW Location: Khanom. Nakhon Si Thammarat Province Shareholder: EGCO 100% SCOD: June 2016 15 .

Highlights Q2/2013 Financial Results EGCO Group’s Overview  Highlights  Q2/2013 Financial Results  EGCO Group’s Overview 16 .

984 Q2/2012 Q2/2013 0 Power Generation Others Gain on Combination 17 .041 76 1.02% 2.000 1.100 5.714 57 1.000 2.000 6.000 6.Highlights Q2/2013 Financial Results EGCO Group’s Overview Million Baht 7.310 1.790 + 251 or 14.000 4.000 3.000 4.

000 3.380 4.000 4.000 0 6M 12 Power Generation 6M 13 Others Gain on Combination 18 .000 6.000 5.132 116 135 3.825 7.000 4.55% 4.000 7.310 3.000 2.Highlights Q2/2013 Financial Results EGCO Group’s Overview Million Baht 9.515 + 617 or 17.016 1.000 8.

574 59 3.132 4.000 1.500 3.500 6.Highlights Q2/2013 Financial Results Million Baht 6.873 4.000 Increase in AP KEGCO 214 Rayong 36 BLCP (94) GPG (97) Result from Acquisition QPL 450 SPP5 46 GPS 58 TWF (2) NED 23 GIDEC (4) SPP2 46 APPC (19) SPP3 25 MME (14) SPP4 18 EGCO (350) 4.500 3.000 3.500 1.000 4.000 5.150 2.500 5.132 (18) 277 299 Operating Performances BLCP 280 EGCOM Tara 5 GEC-SPP 235 Conal (2) QPL 162 Rayong (2) EGCO Cogen 150 Roi ET green (14) NED 24 GPG (33) SPP3 16 KEGO (119) SPP4 6 NTPC (194) ESCO 6 EGCO (221) 2.515 3.500 EGCO Group’s Overview Result from Deferred tax EGCO 317 KEGCO 6 SPP3 (3) Conal (7) GEC (9) BLCP (71) Rayong (103) QPL (150) 0 6M 2012 6M 2013 19 .000 500 4.

Highlights Q2/2013 Financial Results ESCO 81 MB.223 MB 8% 25% 8% 9% SPP 414 MB(GEC.PEPOI) GPG(KK2) 958 MB 20 Note: Excluding EGCO. 1% Rayong 167 MB 3% SOLAR 367 MB (GPS. APPC .QMS. SPP2-5. NED) NTPC 377 MB BLCP 1. TWF .022 MB (QPL.2% ET 67 MB. MME . EGCO COGEN.ROIET Green) 21% 20% Quezon 1. 2% KEGCO 116 MB. GIDEC. 1% EGCO Group’s Overview Conal 33 MB.

340 M 21 .360 M THB 16.Highlights Q2/2013 Financial Results Total Outstanding As of 31 March 2013 EGCO Group’s Overview Total Outstanding As of 30 June 2013 AUD 44 M Total Outstanding (Baht Equivalent) USD 759 M USD 750 M JPY 314 M JPY 314 M THB 12.402 M THB 34.470 M THB 39.

15 0.23 0.43 0.555 0.41 0.18 0.4 Debt 0.17 Debt 23.5 0.21 0.39 0.619 0.1 0.28 0.18 0.41 0.3 0.66 0.8 0.588 0.Highlights EGCO Group’s Overview Q2/2013 Financial Results EGCO + Subsidiaries Times (X) Unit: MB 0.156 EGCO+Subsidiaries EGCO only Debt Equity 22 .73 0.70 0.6 Equity 67.11 0 Equity 55.25 0.28 0.23 Equity EGCO only 0.7 Debt 49.2 Unit: MB 0.

217 Net Cash Received from Operating Activities 148 Dividend received from subsidiaries JVs & Other 2.547) 405 (241) (1.707) (210) (1.711) 713 23 .315) (182) Net Cash Payments in Financing Activities Loans from financial institution (net) Interest Payment Dividend Payment Ending Balance of Cash and Cash Deposits at financial institutions (1.Highlights Q2/2013 Financial Results EGCO Group’s Overview Q2/2013 Beginning Balance of Cash and Deposits at financial institutions 1.601 Net Cash Payments in Investing Activities Investment in subsidiaries & JVs Shareholder Loan Others (1.

Highlights Q2/2013 Financial Results EGCO Group’s Overview  Highlights  Q2/2013 Financial Results  EGCO Group’s Overview 24 .

Highlights Q2/2013 Financial Results EGCO Group’s Overview  EGCO Group’s Overview  EGCO Shareholders  Progress of Work  Portfolio and Corporate Strategies 25 .

89% Mitsubishi 50% Foreign Investors 20.94% Others 49.11% EGAT 25. 2013 NDF* 50.33% 10.43% TEPDIA 23.88% * Nuclear Damage Liability Facilitation Fund Thai Investors 19.Highlights Q2/2013 Financial Results EGCO Group’s Overview As of March 22.41% TEPCO 50% NVDR NVDR 10.44% 26 .

Highlights Q2/2013 Financial Results EGCO Group’s Overview  EGCO Group’s Overview  EGCO Shareholders  Progress of Work  Portfolio and Corporate Strategies 27 .

PPA & SPA negotiation with customer and conceptual design for natural gas pipeline.In process of EIA study for power plant and natural gas pipeline. . Ratchaburi Province Shareholder: EGCO 100% SCOD: June 2016 Project Progress . EPC Selection.Other necessary project development activities are ongoing. 28 .Highlights Q2/2013 Financial Results EGCO Group’s Overview TP Cogeneration Project (TP Cogen) Project Description Type: Cogeneration Power Plant Installed Capacity: 125 MW Contracted Capacity with EGAT : 90 MW Contracted Capacity with IUs: 20 MW with 50 T/Hr of steam Location: Ban Pong.

In process of EIA study for power plant and natural gas pipeline. 29 . Ratchaburi Province Shareholder: EGCO 100% SCOD: June 2016 Project Progress .Highlights Q2/2013 Financial Results EGCO Group’s Overview SK Cogeneration Project (SK Cogen) Project Description Type: Cogeneration Power Plant Installed Capacity: 125 MW Contracted Capacity with EGAT : 90 MW Contracted Capacity with IUs: 20 MW with 50 T/Hr of steam Location: Ban Pong. PPA & SPA negotiation with customer and conceptual design for natural gas pipeline.Other necessary project development activities are ongoing. . EPC Selection.

EPC Selection and conceptual design for natural gas pipeline. 30 . - Other necessary project development activities are ongoing. Pathum Thani Province Shareholder: EGCO 100% SCOD: June 2017 Project Progress - In process of EIA study for power plant and natural gas pipeline.Highlights Q2/2013 Financial Results EGCO Group’s Overview TJ Cogeneration Project (TJ Cogen) Project Description Type: Cogeneration Power Plant Installed Capacity: 125 MW Contracted Capacity with EGAT: 90 MW Contracted Capacity with IUs: 16 MW with 10T/Hr of steam Location: Klongluang.

The Philippines Shareholders: EGCO and MPG Corp Expected COD: Q1/2018 Project Progress .Development and investment terms are under negotiation.Highlights Q2/2013 Financial Results EGCO Group’s Overview Quezon Expansion Project Project Description Type: Coal Fired Power Plant Installed Capacity: 500 MW Location: Quezon Province. 31 .

Highlights Q2/2013 Financial Results EGCO Group’s Overview  EGCO Group’s Overview  EGCO Shareholders  Progress of Work  Portfolio and Corporate Strategies 32 .

00 60. Power Plant Contracted Cap.174.68 ROI-ET GREEN 8.00 SPP2 8.90 6.19 GEC-GCC 107.00 SPP3 8.346.25 SPP4 6.81 1.00 KEGCO 748.24 SPP5 8.330.50 460.00 21.00 53.00 8.30 33 .00 8.10 QUEZON 281.32 MWe.00 374.20 10.21 SPPs GPS (Phase 1-4) EGCO COGEN 110.00 734.00 Overseas GEC-SCC 121.00 6.00 8.070.99 1.00 26.50 GEC-NKCC 126.00 748.80 6.80 825.00 GPG (Khaeng Khoi 2) 1.00 450. (MW) MW Equity Renewable Rayong 1.99 NED 63. EGCO Group’s portfolio comprises of 19 operating power plants.00 63.97 TWF 72.174.Highlights Q2/2013 Financial Results EGCO Group’s Overview Currently.50 NTPC (Nam Theun 2) GEC-GYG 20.00 15. (MW) MW Equity IPPs Power Plant Contracted Cap.510.00 3. totaling contracted capacity 4.00 BLCP 1.60 6.50 673.468.85 88.

21 MWe Decrease in Oversea portion from sale of Conal.32 MWe Remark: Increase in Renewable portion from TWF.330.4 MWe 34 .Highlights Q1/2013 IPPs SPPs Renewable EGCO Group’s Overview Q2/2013 Financial Results Current Portfolio Overseas IPPs SPPs Renewable Overseas 72.330.24 MWe Total 4.510. 6. 26.530.97 MWe 3.60 MWe 851.30 MWe 281.51 MWe 3.81 MWe 66.97 MWe 825.70 MWe 281.24 MWe Total 4.

00 SK Cogeneration 90.00 1.93 GIDEC 6. EGCO Group’s portfolio consists of 5 under construction power plants.00 270.00 250. 3 under development projects and 1 potential project.00 113.234. (MW) MW Equity Under Construction Contracted Cap.264. 35 .00 Potential Project Solarco 57.50 3. (MW) MW Equity 500.18 MWe.00 Consequently.754.00 90. Power Plant Contracted Cap.00 TP Cogeneration 90.Highlights Q2/2013 Financial Results EGCO Group’s Overview Currently.00 XPCL Power Plant 1. EGCO Group’s portfolio will become 6.00 160.50 MWe.00 90.25 BRWF 113.00 27.280.18 Under Development TJ Cogeneration 90.00 90.00 New Khanom Power Plant 930.00 930.00 Quezon Expansion Project 250. totaling contracted capacity 1.

18 MWe Total 1.754. 930 MWe and 113 MWe respectively 36 .234.Highlights EGCO Group’s Overview Q2/2013 Financial Results Q1/2013 Under Construction Current Portfolio Under Development Under Construction Under Development Potential Project Potential Project 197.18 MWe Remark: Increased in Under Construction portion from KN4 and BRWF.617.39 MWe 270 MWe 1.150 MWe Total 1.39 MWe 250 MWe 270 MWe 1.

60 MWe 281.24 MWe 851.330.330.264.Highlights Q1/2013 IPPs Renewable Under Construction Potential Project EGCO Group’s Overview Q2/2013 Financial Results SPPs Overseas Under Development Current Portfolio IPPs Renewable Under Construction Potential Project SPPs Overseas Under Development 250 MWe 270 MWe 1.234.147.39 MWe 1.70 MWe 72.18 MWe 3.90 MWe 3.24 MWe 851.97 MWe Total 6.81 MWe 281.70 MWe 66.97 MWe Total 6.150 MWe 270 MWe 197.50 MWe 37 .

.. Ltd. (MME) Coal Mining 38 . (ESCO) O&M Eastern Water Resources Development and Management Plc.. (APPC) Bio Diesel Manambang Muara Enim Co. Ltd. Ltd. (Egcom Tara) Water Absolute Power P Co. Ltd..Highlights Q2/2013 Financial Results EGCO Group’s Overview EGCO Group’s other business portfolio comprises of 5 companies: Company Business Type EGCO Engineering and Service Co. (EASTW) Water Egcom Tara Co.

Projects in pipeline Under Construction Projects Solarco Under Development Projects Potential Projects GIDEC New Khanom Power Plant BRWF TP Cogeneration SK Cogeneration TJ Cogeneration Quezon Expansion Xayaburi Hydro Power 2013 2014 2015 2016 2017 2018 2019 2020 39 .

Highlights Q2/2013 Financial Results EGCO Group’s Overview Operate power plant portfolio to achieve optimum efficiency Manage projects under construction to achieve on time/on budget completion Secure new investment opportunities in Thailand and Asia Pacific Region 40 .

Q&A 41 .

THANK YOU 42 .

43 .

010.60 MW IMPORT 2.141.13 MW IPP 12.404.0% 45. Thailand’s Power Installed Capacity was 33.984.60 MW 33.3% EGAT 15. 7.EGCO Group’s Overview Q2/2013 Financial Results As of June 2013.741.4% EGAT IPP SPP IMPORT 44 .69 MW 9.141.02 MW.3% SPP 2.02 MW Total 38.

02 MW * OTHERS = Fuel Oil. 2.7% OTHERS* Total 942.540.556.78 MW COAL 4.7% 66.7% NATURAL GAS 22.141.8% 13. Renewable NATURAL GAS HYDRO COAL OTHERS* 45 .00 MW 16. Diesel.EGCO Group’s Overview Q2/2013 Financial Results Natural Gas is the primary source of fuel for Thailand’s Power Generation.19 MW HYDRO 5.05 MW 33.102.

8% 23.000 15.121. 2012) Q2/2013 Financial Results 26.14 MW (May 16. 2013) + 1.900.000 2008 2009 2010 2011 2012 2013 46 .21 MW (May 24.10 MW (April 26. 2011) 25.598.000 20.000 26.EGCO Group’s Overview 30.

67) (133.19) (0.81) (0.33 0.22 (4.30) (36.13) 0.38 288.87 (0.01 176.85) (0.02 (67.09) (36.67) 0.84) (8.04 0.67 35.48 1.80) (8.44 Q2/2013 (680.43 (11.10) (3.46 609.63) 1.04) 0.Key Financial Data: FX Variance MD&A EGCO Group’s Overview EGCO Rayong Power Plant KEGCO EGCO Cogen Roi-Et Green ESCO ET PEPOI Quezon QMS SPP2 SPP3 SPP4 SPP5 TWF YEH Total Subs FX BLCP GPG GEC(GCC.18 (124.38) 0.03) 573.00 (6.48 1.25 13.22 (4.01) (17.99 510.00) (0.78) (711. NKCC. SCC.20) 0.63) 111.50 0.29) 0.78) (747.01 (8.75) (0.64 0.68) 377.40) 7.83) (815.78 (105.03 0.63 (206.05) +/(640.01) 0.33 (0.01 (1.01) (17.46) 1.50) 47 .48 (87. GYG) CONAL NTPC NED GPS APPC GIDEC MME Total JVEs FX Grand Total Q2/2013 Financial Results Q2/2012 (40.33) (0.02 505.00 0.29) 0.00) (0.45 (2.25) (27.30 (1.85) 10.35) 94.

24 125.66 EPS (Baht) 6.123.Key Financial Data: Financial Ratio Highlights EGCO Group’s Overview Q2/2013 Financial Results 6M/2012 6M/2013 Debt to Equity (Time) 0.56 0.42 0.44 126.23 4.38 3.81 Net Profit before FX* (Million Baht) BV / share (Baht) * FX gains/losses from Income Statements including financial cost from foreign currency loans (EGCO & Subs) and JVs 48 .68 Operating Cash Flow / share (Baht) 1.94 7.783.74 7.73 Net Debt to Equity (Time) 0.

607 - - - - - - - - - - - - - 249 - 116 31 - 396 396 4 4 .093 1.186 147 23 29 - 31 30 - - - - - - - - - - - - - - - 679 1.Capacity Payment .051 1.044 167 23 29 - 31 30 59 20 - - - - - 32 1. GYG GPG NED Total Power generation CONAL NTPC GPS APPC GIDEC ESCO ET PEPOI QMS Total Other businesses Grand Total MME .883 1.223 958 299 119 33 376 73 (19) (4) 3.509 - - - - - - 8. Ended June 30.796 - - - - - - - - - 6.244 .1.110 1.958 81 67 31 6 (13) 174 4. 2013 EGCO Group’s Overview 6M2013 Q2/2013 Financial Results Subsidiaries Joint Ventures Power Generation Power Generation Subsidiaries Joint Ventures Others Others Holding Rayong EGCO power KEGCO Cogen plant EGCO Sales of Electricity .287 939 292 119 34 459 73 (19) (4) 3.563 - 44 - - - 44 5.293 2.948 115 109 53 9 - 286 3.334 - - - - - - 6.079 1.465 107 97 40 8 (14) 238 9.610 35 45 6 47 45 (3) 984 1.054 139 (15) (3) 9.796 - - - - - - - - - 8.567 1.176 - - - - - - 2.131 81 19 25 - 27 26 - - - - - - 399 113 87 5 5 - 830 739 148 75 70 91 (667) 278 278 79 66 55 Net Profit before FX (658) 167 115 63 54 Net Profit (837) 167 115 62 65 .Key Financial Data: Segmental Operating Results.334 - - - - - - - - - - - - 153 - - - 153 153 - - - - - - - - - - - 364 - 169 40 - 573 574 .234 19 93 88 (1) 2.4.1.132 366 167 78 795 100 (15) (3) 6.870 80 67 32 7 (13) 49 174 4.814 - - - - - - - - - 5. NKCC.4. SCC.2.515 503 215 161 1.Energy Payment - 61 Sales of Water - - - Service Income - - - Cost of Sales - 761 Cost of Services - - - Gross Profit - 350 EBITDA (643) EBIT Roi-Et Green SPP4 SPP3 YEH SPP2 SPP5 TWF QPL BLCP GCC.981 - - - - - - - - - 2.704 72 19 73 70 (1) 1.1.509 - - - - - - - - - - - 2.046 .176 .132 35 45 (10) 47 45 (7) 962 1.391 95 89 40 8 (14) 219 6.

429 Net Profit before FX 3.213 - - - - - - 6.873 115 103 54 2 - 274 2.077 71 72 44 620 14 - - 7.1. NKCC.226 - - - - - - - - - 4.925 1.027 95 96 40 2 - 232 12.015 833 36 26 - - - - - - - - - - - - - - - - 1.157 .270 - - - - - - - - - 1.166 243 24 (64) 84 30 26 (15) 11 - - 597 1.192 801 487 9 94 46 43 (15) 11 - - 795 1. Ended June 30.087 72 72 41 570 0 - - 7.303 Sales of Water - - - - - - - - - - - - - - - - - - - - - - - 144 - - - 144 144 Service Income - - - - - - - - - - - - - - - - - - - - - - 355 - 164 3 - 523 523 Cost of Sales - 760 714 787 81 18 19 - 5 - .828 Net Profit 3.1.266 50 - - 12. GYG GPG NED CONAL Total Power generation NTPC GPS APPC GIDEC Others ESCO ET Total Other businesses Others PEPOI QMS Grand Total MME Sales of Electricity .411 1.1.927 235 14 (87) 68 11 8 (15) 2 - - 530 1.1.109 1.051 35 - - 9.966 235 14 (87) 72 12 8 (15) 2 - - 628 1.090 863 711 191 58 60 - 14 - .218 85 85 40 2 - 211 9.259 EBIT 4.910 .Capacity Payment . 2012 EGCO Group’s Overview 6M2012 Q2/2013 Financial Results Subsidiaries Joint Ventures Power Generation Power Generation Holding Rayong EGCO power KEGCO Cogen plant EGCO Roi-Et Green SPP4 SPP3 YEH SPP2 SPP5 TWF QPL BLCP GCC.3.955 - - - - - - - - - 4.213 .3.147 EBITDA 4.340 Cost of Services - - - - - - - - - - - - - - - - - - - - - - 240 41 110 2 - 393 393 Gross Profit - 329 150 (77) 110 40 41 - 10 - .739 270 146 167 1.262 1.340 - - - - - - 4.Energy Payment - 75 31 675 165 58 60 - 14 - .226 - - - - - - - - - 6.293 134 112 80 1.303 - - - - - - 4.660 74 62 30 0 - 168 7.Key Financial Data: Segmental Operating Results.910 - - - - - - 1.994 71 61 30 (0) - 50 162 8. SCC.

51 .255 MM Baht 20.706 22.788 2.909 20.476 GWh - 2008 2009 2010 2011 2012 29.577 15.672 2.000 8.361 5.976 8.000 5. • REGCO and KEGCO receive the capacity payment (Rayong Power Plant) or availability payment (KEGCO) for maintaining the availability of the power plants.848 5.617 NT2 9.868 22.535 - 2.816 2.258 6.212 10.036 KK II - 4.175 REGCO 5.319 3.643 2.857 10.655 17.000 17. regardless of whether the electric power will be supplied to EGAT or not.329 10.750 17.960 10.Operating Performance (IPPs) : Annual Net Generation & Electricity Sales for the Year 2008-2012 Net Generation 10.952 BLCP 9.018 KEGCO - 5.170 2.770 5.127 4.000 22.741 Electricity Sales - 2008 2009 2010 2011 2012 • EGAT is the sole offtaker for electricity produced by Rayong Power Plant and KEGCO under long term cost-plus based Power Purchase Agreements (PPAs).000 3.722 - 3.317 2.004 6.813 10.505 1.894 20.311 4.506 30.249 10.770 10.167 7.762 2.783 5.649 8.000 2.107 18.

66 239.92 17.18 25.88 128.17 12.34 41.06 54.40 47.17 64.07 33.38 11.96 29.77 69.86 147.60 57.Operating Performance (IPPs) : Major Maintenance Expenses for the Year 2012 EGCO Group’s Overview Q2/2013 Financial Results Million Baht Rayong Power Plant Quarter 1 2 3 4 Actual Actual Actual Actual Spare Parts 0.63 86.60 Service Charge 8.45 84.32 Service Charge 16.10 42.26 Total Total 52 .08 37.21 155.03 134.16 9.23 118.74 276.15 71.76 Total Total KEGCO Quarter 1 2 3 4 Actual Actual Actual Actual Spare Parts 13.94 29.

84 33.00 26.67 2.13 Total Total KEGCO Quarter 1 2 3 4 Actual Actual Budget Budget Spare Parts 19.97 9.23 Service Charge 21.49 9.48 0.95 187.86 36.86 163.09 15.03 37.23 351.51 79.51 106.84 40.27 Service Charge 25.11 71.12 13.24 34.93 36.74 23.85 115.12 21.37 187.96 73.41 25.Operating Performance (IPPs) : Major Maintenance Expenses for the Year 2013 EGCO Group’s Overview Q2/2013 Financial Results Million Baht Rayong Power Plant Quarter 1 2 3 4 Actual Actual Budget Budget Spare Parts 10.07 Total Total 53 .93 48.

98 88.87 87.74 - CCGT #3 90.60 93.35 79.82 86.06 98.94 89.31 80.72 78.89 98.95 97.87 98.60 98.95 97.53 86.49 100.57 CCGT #2 98.26 98.60 98.83 78.90 - CCGT #3 79.Operating Performance (IPPs) : Operating Performance Equivalent Availability Factor EGCO Group’s Overview Q2/2013 Financial Results 2012 Rayong Power Plant Plant Type 1Q12 2Q12 3Q12 4Q12 Target EAF (%) Actual EAF (%) Target EAF (%) Actual EAF (%) Target EAF (%) Actual EAF (%) Target EAF (%) Actual EAF (%) CCGT #1 99.85 85.02 97.14 98.88 99.80 - 95.10 97.69 90.44 99.91 93.00 98.22 - .46 97.27 - - - - Actual EAF (%) - Barge #2 91.91 99.01 66.47 82.10 CCGT #3 98.00 99.90 - CCGT #2 99.38 99.89 98.66 97.00 88.63 99.77 88.78 90.44 99.78 77.00 89.00 99.40 86.16 98.87 - 96.91 2013 KEGCO 1Q13 2Q13 3Q13 4Q13 Plant Type Target EAF (%) Actual EAF (%) Target EAF (%) Actual EAF (%) Target EAF (%) Actual EAF (%) Target EAF (%) Actual EAF (%) Barge #1 - - - - - - - - Barge #2 94.76 91.39 99.44 99.76 94.69 CCGT #3 81.65 - 2012 KEGCO Plant Type 1Q12 2Q12 3Q12 4Q12 Target EAF (%) Actual EAF (%) Target EAF (%) Actual EAF (%) Target EAF (%) Actual EAF (%) Target EAF (%) Barge #1 93.60 94.51 63.31 99.21 90.88 91.10 74.00 98.19 92.64 - 95.75 91.95 97.78 98.91 2013 Rayong Power Plant Plant Type 1Q13 2Q13 3Q13 4Q13 Target EAF (%) Actual EAF (%) Target EAF (%) Actual EAF (%) Target EAF (%) Actual EAF (%) Target EAF (%) Actual EAF (%) CCGT #1 81.90 - CCGT #4 99.16 91.60 88.60 74.28 96.00 99.83 98.51 CCGT #4 99.20 69.66 - 66.67 - 92.25 - 96.

044 - 722 - 979 1.017 0.146 - 0.160 1.363 - - 2Q12 3Q12 4Q12 1Q13 2Q13 Net Generation .604.850.162 1.By Natural Gas (MMBTU) .335.By Secondary Fuel (GWh) - 145 131 146 142 98 - - - - 1.By Natural Gas (MMBTU) 1.By Natural Gas (GWh) 141 .501 6.By Secondary Fuel (GWh) 1.170 Fuel Consumption .004 0.503 Fuel Consumption .012 55 0.010 10.4 2012 1Q12 2Q12 2013 3Q12 4Q12 1Q13 2Q13 Net Generation .267 9.432.286.515.404.By Secondary Fuel (Million Litre) 9.040 9.290 - 1.779 10.181 - 9.By Natural Gas (GWh) 1.01 .046 8.904.By Secondary Fuel (Million Litre) 9.707 0.732 10.533 1.By Natural Gas (GWh) .875.388 1.284 - 1.842.286.By Natural Gas (MMBTU) .192 - 983 - 1.775.025.680 .289 1.040 - KEGCO Barge # 2 9.823.791.101 - 1.571.936 - Fuel Consumption .901 - - - 0.005 0.By Secondary Fuel (Million Litre) CCGT # 3 1Q12 1.138 .465 2012 1Q12 2Q12 2013 3Q12 4Q12 1Q13 2Q13 Net Generation .287.676.By Secondary Fuel (GWh) 0.352 9.137 - 0.Operating Performance (IPPs) : Net Generation and Fuel Consumption EGCO Group’s Overview Q2/2013 Financial Results Rayong Power Plant CCGT #1.

02-998-5147-8 or E-mail: ir@egco.For further information.com 56 . Please contact Investor Relations at Tel.