Signing Contract Ichthys Onshore LNG Facilities Project

ST/2013/0107 February 26th, 2013 Subject: Signing Contract Ichthys Onshore LNG Facilities Project Attention: The President The Stock Exchange of Thailand Sino-Thai Engineering & Construction Public Company Limited is pleased to inform the SET that the company has signed a new contract. The details of the project are as follows. Project name: Construction of Ichthys Onshore LNG Facilities (Package 3) (Contract No. C-0789-01 signed on 22 February 2013) Employer: STP&I Public Company Limited Contract Value: 2,717,453,164 Baht (Include VAT) Scope of work: Erection and Assembly of Steel Module for LNG plant for export to Australia Construction period: 22 February, 2013 - 2 March, 2015 Transaction: Connected transactions between Sino-Thai Engineering and Construction PCL and STP&I PCL are as follows: - Mr. Masthawin Charnvirakul, Managing Director of STP&I and Director of STEC - Mr. Anutin Charnvirakul, Chairman of the Board of Director of STP&I, holding STP&I shares 10.17 %, the husband of Mrs. Sanongnuch Charnvirakul, Director and shareholder of STEC. This transaction is considered as the normal business transaction with general trading conditions and fair price. It is approved from the company's Board of Directors No.5/2012 on 25 December 2012. It is therefore informed for your acknowledgement and dissemination to the public and other investors. Yours sincerely, Mr. Woraphant Chontong SEVP. Financial and Administration Division Company Secretary Office Telephone: 0 2610 4900 ext. 212, 274 Facsimile: 0 2259 4427 ______________________________________________________________________ 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.