PTTEP Establishes Diamond Petroleum to Work in Thailand

PTT Exploration and Production Public Company Limited has established Diamond Petroleum Company Limited (a subsidiary of PTTEP) to carry out petroleum exploration and development activities in Thailand.

Diamond Petroleum Company Limited's fully-paid up registered capital is US $50,000, consisting of 50,000 ordinary shares at US $1.00 each, with 100% shareholding by PTTEP Offshore Investment Company Limited (a subsidiary of PTTEP). Further information will be disclosed to The Stock Exchange of Thailand in due course.