PTTEP Still Waiting for Vietnamese Approval of Farm-in



Reference is made to PTTEP Hoang Long Company Limited, a subsidiary of PTT Exploration and Production Public Company Limited (PTTEP), which has recently reported a participation interest in Exploration Block 16-1, offshore Vietnam.

The Company wishes to announce that it has not received approval from the Vietnamese Government to increase its participation interest in the block from 15% to 28.50%. The Company is in the process of obtaining approval from the Vietnamese Government for its participation interest.