Opportunity Day

"Inspired Choice for Customers, Business Partners and Investors"

LOXLEY PUBLIC COMPANY LIMITED

Mar 14, 2013

2

1. Business and Revenue Structure

2. Financial Result Y2012

3. Backlog and Potential

4. Overview 2013

3

• BP-Castrol 40%

• Blue Scope Lysaght 25%

• Blue Scope Steel 25%

• L-Solar 1 45%

• Thai Fiber Optics 40%

• Guardfire 30%

• Loxley Gtech 35%

• Oriental Post 50%

• Thanthiya 25%

ICT & Project Trading Service

Business Structure

- Telecommunication network & Service

- Information and Communications Technology

- Hardware & Software Solution with maintenance service

Associates

ICT & Telecom

Project

Technology

- Electricity and water management system

- TV & Radio communication

- Service and procurement of technology products

- Installation of expressway management system

- Railway signaling system - Real estate management &

service

- Distribution of consumer and chemical product

- Distribution of construction equipment

- Automobile service - “AI” Japanese Restaurant

- Security system provider - Security guard service

MVNO

4

ICT & Project

Trading Business

Joint Venture Business

Service Business

Business Overview

Transmission Line 3G Network Electronic Toll

Collection

Cable Submarine

Network

Locomotive

Broadcast

Dipping Sonar

System

Power Substation

Security Solution Services

5

Revenue Structure (2008-2012)

2012’s Revenue Structure

ICT Trading

Service

ICT Trading

Service

JV

2012’s Equity Profit Structure

Annual Revenue THB’Million

5,122 5,241 5,310

8,730

9,499

4,482 4,224 4,303 4,617

3,872

554 611 668 780 764

10,158 10,076 10,281

14,127 14,135

2008 2009 2010 2011 2012

ICT & Project Trading Service Total

ICT &

Project,

67.2%

Trading,

27.4%

Service,

5.4%

Equity Profit from Associates THB’Million

1,086 996

1,173 1,215

2,207

208

314 357 376

701

22,803

14,834

16,646

20,279

23,114

-

5,000

10,000

15,000

20,000

-

200

400

600

800

1,000

1,200

1,400

1,600

Profit Equity profit Revenue

1,086 996

1,173 1,215

2,207

208

314 357 376

701

22,803

14,834

16,646

20,279

23,114

-

5,000

10,000

15,000

20,000

-

200

400

600

800

1,000

1,200

1,400

1,600

Profit Equity profit Revenue

1,086 996

1,173 1,215

2,207

208

314 357 376

701

22,803

14,834

16,646

20,279

23,114

-

5,000

10,000

15,000

20,000

-

200

400

600

800

1,000

1,200

1,400

1,600

Profit Equity profit Revenue

1,086 996

1,173 1,215

2,207

208

314 357 376

701

22,803

14,834

16,646

20,279

23,114

-

5,000

10,000

15,000

20,000

-

200

400

600

800

1,000

1,200

1,400

1,600

Profit Equity profit Revenue

BP Castrol,46%

Blue Scope Steel, 40%

Blue Scope Lysaght, 5%

L Solar 1, 4%

Others, 5%

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1. Business and Revenue Structure

2. Financial Result Y2012

3. Backlog and Potential

4. Overview 2013

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Financial Highlights – 4Q12 and 2012

“Increasing net profit”

• Quarterly revenue was maintained at ≈3,500 MB while annual revenue was around 14 billion Baht.

• Gross margin was also relatively stable at 14%-15%.

• Net profit increased by 76% in 2012 and net profit margin stood at 4%.

Consolidated Profit & Loss Statement

THB Million 4Q11 1Q12 2Q12 3Q12 4Q12 2011 2012

Sales 3,404 3,448 3,399 3,522 3,766 14,127 14,135

Costs 2,890 2,963 2,915 2,989 3,226 12,087 12,093

Gross profit 514 485 484 533 539 2,040 2,042

Selling & admin expenses 485 455 499 482 562 1,947 1,974

EBIT 153 240 152 240 249 590 881

Finance cost 44 49 65 62 56 158 232

Income tax 17 30 18 36 32 115 115

Net profit 91 165 67 135 158 298 526

Key financial ratios

% Gross margin 15% 14% 14% 15% 14% 14% 14%

% SG&A/sales 14% 13% 15% 14% 15% 14% 14%

% Net margin 3% 5% 2% 4% 4% 2% 4%

EPS 0.05 0.08 0.03 0.07 0.08 0.15 0.26

8

153

240 249

590

881

EBIT

EBIT

4Q11 3Q12 4Q12 2011 2012

Revenue

2011 VS 2012

• ICT&Project :

– Telecom : Full year revenue of 2 mega projects

• Trading :

–Consumer product : Impact from flooding in Q1/2012

EBIT

2011 VS 2012

• Improved significantly due to equity profit from associates

Revenue and EBIT – 4Q12 and 2012

THB’Million

THB’Million

3,404 3,522 3,766

14,127 14,135

Sales

Revenue

4Q11 3Q12 4Q12 2011 2012

49%

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Equity profit

2011 VS 2012

• Improved significantly due to

– BP Castrol – no goodwill impairment & no flood crisis

– Blue Scope – sold more of high margin product

– L Solar 1 – first full year operation

Net profit

2011 VS 2012

• Net margin from 2% in 2011 up to 4% in 2012

• Key contribution : ICT&Telecom Business and Equity profit from Associates

86%

Equity Profit and Net Profit – 4Q12 and 2012

98 151

240

376

701

Equity profit from associate

Equity Profit

4Q11 3Q12 4Q12 2011 2012

THB’Million

THB’Million

91 135 158

298

526

Net profit

Net Profit

4Q11 3Q12 4Q12 2011 2012

76%

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Consolidated Balance Sheet

Financial Status – 2011 and 2012

4,405 4,802

1,604 1,828

6,185 6,700

4,962 5,456

7,233 7,874

Assets Liabilities &Equity

Assets Liabilities &Equity

Y2011 Y2012

Shareholders' equity Non current liabilities Current liabilities

Non current assets Current assets

THB’Million •Capital Incremental Plan

oPublic offering for 165 million shares with expected capital raised of 1 billion Baht

oStrengthen financial position as DE ratio will decrease to around 1.5 times

oThe raised capital of will be utilized in:

• Additional new project investments both in Thailand and overseas countries

• Loxley Group’s working capital, supporting the company’s future business expansion

THB'Million

2011 2012 Change

Current assets 7,233 7,874 9%

Non current assets 4,962 5,456 10%

Total assets 12,194 13,330 9%

Current liabilities 6,185 6,700 8%

Non current liabilities 1,604 1,828 14%

Total liabilities 7,789 8,528 9%

Shareholders' equity 4,405 4,802 9%

Current ratio 1.2 1.2

D/E ratio 1.8 1.8

BV/Share (Baht) 2.2 2.4

ROA 2.5% 4.0%

ROE 7.0% 11.1%

Consolidated

11

1. Business and Revenue Structure

2. Financial Result Y2012

3. Backlog and Potential

4. Overview 2013

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Current Backlog ICT, Technology and Project

•Beginning backlog of Y2013 8,000 MB

•About 70% will be 2013 revenue.

4,900 900

2,200

Project Business

28%

Technology Business

11%

ICT&Telecom

61%

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ICT&Telecom Business

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ICT & Telecom Business Backlog & High Potential

Backlog

NorthNortheast

Central

South

3G Network 1,568 MB

Various Small Turnkey Projects

(Expansion) 700 MB

UniNet : Fiber Optic Cable

Network 1,001 MB

High Potential & Being Studied Projects

Myanmar Project : 9,000 MB • Loxley partnered with AIT to

establish ASC to secure telecom opportunity in Myanmar

Smart Thailand : 5,000 MB • High speed internet network

that emphasizes on cable fiber optic connection technology

• covering 80% of all population within 3-year time and provide electronic services for governmental units

3G Phase II : 10,000 MB • Additional coverage in rural

areas

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ICT & Telecom Business Backlog & High Potential

Products Backlog High Potential &

Opportunities

System Integrator (“SI”)

Main Products and Services • ADM, • EDC, • Hardware & software solution, • Maintenance service

Key Clients

• Banking - self service equipments,

bank system infrastructure, BPM

software & services : estimated

value of 1,500 MB.

• Government - Revenue Dept.,

Excise Dept., Ministry of Finance,

etc. : estimated value of 3,000

MB. • Focusing on being a system

integrator for large IT turnkey projects

• Existing clients o Technology update o Recurring revenue

(maintenance) • New Client

THB Million Backlog

Loxbit 430

PCC 1,000

NetOne 263

Total 1,693

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Technology Business

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Loxley Mobile

• Launch in February 2013 by set up kiosks in airports as Dong Muang, Chiangmai and Phuket.

• Migrate i-kool to Tune Talk • Customer focus is the travelers by Thai Air

Asia channel, Tune Hotels channel and coordinate with Tune Money

Technology Projects on Hand, High Potential and Opportunities

Non-Polluting Incinerators

• Win National Innovation Agency Prize in 2011

• Launch in 2012, Helping Flood Area in Bangkok, Nonthaburi

• Focus to Rural Communities / Livestock Department for better life quality

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Water Management

1

1

1

1

1

• Government initiated the idea of Intelligent Water Resource Management

Platform

• Loxley AGT offers the best solution with o International and domestic

experience in solution provider o Expert in water management esp.

in Thailand o Best forecaster and management in

flooding crisis • Estimated project value 4,500 MB

Technology Projects on Hand, High Potential and Opportunities

• Department of Ground Water Resources project Providing Clean Drinking Water to Primary School all 77 provinces.

• Ground water resource with Reverse Osmosis System (RO)

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High Potential & Opportunity

• Diesel Electric Locomotive 50 Units 6,500 MB.

• Double Track Railway 400MB

• Resignalling 600MB

• Passenger Coach 115 Units 4,900MB.

• Alsthom Refurbished 56 units 3400MB

• Sriratch-East Ring 510MB • Daokanong-East Ring

600MB

• Motorway Bangyai-Kanchanaburi 3000MB

• Motorway Bangpain-Nakonratchasima 6000MB

Technology Projects on Hand, High Potential and Opportunities