1

July 25, 2013

The information contained in this presentation is for information purposes only and does not constitute an offer or invitation to sell or the solicitation of an offer or invitation to purchase or subscribe for share in WHA Corporation Public Company Limited (“WHA” and shares in WHA, “shares”) in any jurisdiction nor should it or any part of it form the basis of, or be relied upon in any connection with, any contract or commitment whatsoever. In addition, this presentation contains projections and forward-looking statements that reflect the Company's current views with respect to future events and financial performance. These views are based on a number of estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks and these may change over time and in many cases are outside the control of the Company and its directors. You are cautioned not to place undue reliance on these forward looking statements, which are based on the current view of the management of the Company on future events. No assurance can be given that future events will occur, that projections will be achieved, or that the Company's assumptions are correct. The Company does not assume any responsibility to amend, modify or revise any forward-looking statements, on the basis of any subsequent developments, information or events, or otherwise. These statements can be recognized by the use of words such as “expects,” “plans,” “will,” “estimates,” “projects,” or words of similar meaning. Such forward-looking statements are not guarantees of future performance and actual results may differ from those forecast and projected or in the forward-looking statements as a result of various factors and assumptions.

Disclaimer

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Agenda

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4

Business Overview

• WHA provides logistics facilities to manufacturers, retailers and third-party logistics providers. Also, we provide best solution of logistics infrastructure for MNCs and local enterprises.

• We offer Built-to-Suit Development services that include customized site location, design, construction and delivery of warehouse, distribution center and factory to meet clients’ satisfaction and needs.

WHA Corporation PCL. (WHA)

Rental Business

Warehouse/ Distribution Center/ Factory

Other Recurring-Income Business

Property for Sales

Warehouse Farm

Built-to-Suit

• World-class standard for customers’ specific needs

• Leasable area:

10,000-70,000 sqm.

• Combination of built-to-suit and ready-built project within same site

• Leasable area:

- Built-to-suit 10,000-20,000 sqm.

- Ready-built 4,000-5,000 sqm.

• Monetization of its rental assets to this vehicle

Sale to Existing Tenants

WHAPF

Return from

Investment of WHAPF

(Dividend)

Property Manager Fee

• Property manager to WHAPF

Sale and Leaseback

Key Milestones and Developments

5 2003 2007 2009

2010

2006

2011

2003-2009 • Establishment of WHA Alliance and partnership with CWT

(Singapore) to develop first distribution center on Bangna-Trad km.20 with leasable area of 52,900 sqm., followed by expansion phase for 10,900 sqm.

2006-2007 • Establishment of Warehouse Asia Alliance and partnership with

GLOMAC (Malaysia) to develop distribution center for DKSH Healthcare on Bangna-Trad km.19 with leasable area of 52,800 sqm.

2011 •WHA Corporation’s corporate restructuring to acquire 99.99% of WHA Alliance from CWT (Singapore) and co-founder, and to acquire 99.99% of Warehouse Asia Alliance from GLOMAC (Malaysia) and co-founder to become WHA Corporation’s subsidiaries. •Development of first warehouse farm on Bangna-Trad km.18 with total leasable area of 72,179.48 sqm.

˗ Built-to-Suit: 45,798.34 sqm. ˗ Ready-built: 26,381.14 sqm.

2010 • Establishment of (initially known as M-WHA) with the fund size of

THB 1,283mm or USD 42.77mm with total leasable area of 39,808.80 sqm. of 2 warehouses and 1 factory.

2012 • On Feb 2012, monetization of 3 warehouses and 1 factory to

WHAPF, amount of THB 1,827mm with leasable area of 107,277 sqm.

• On Nov 2012, WHA Corporation became to be listed Co. traded in SET, raising up to THB 1,709mm or USD 56.97mm The post-IPO paid-up capital was THB 510mm

• Total Accumulative Built-to-Suit 309,017 sqm. and general warehouse 196,034 sqm. under own and management of WHA.

2013 • On Jan 2013, monetization of 2 warehouses to WHAPF with

the fund raised up to THB 2,142mm or USD 71.4mm with additional leasable area up to 69,529.28 sqm.

• On May 2013, the Company offered stock dividend (5:1) to existing shareholders.

• The current paid-up capital is THB 612mm

2012 2013

WHA Alliance

(Registered and Paid-up Capital THB 260mm)

99.9% 99.9% 15.0%

Group Structure

WHAPF

(NAV THB 10.62mm*) (Market Cap THB 5,514.6mm*)

Warehouse Asia Alliance

(Registered and Paid-up Capital THB 310mm)

WHA Corporation PCL. (WHA)

(Registered and Paid-up Capital THB 612mm)

*Remark: As of July 25, 2013

Shareholding Information

7

Shareholding Information

Top 10 Shareholding Structure

Paid-Up Capital

THB 612mm

Major shareholders 62.70 %

Other pre-IPO shareholders* 7.20%

Post-IPO Investors 30.10%

Shareholder No. of Share (After XD)

%

1) WHA Holding Co., Ltd. 153,010,000 25.10

2) Mrs. Jareeporn Anantaprayoon 117,857,940 19.26

3) Mr. Somyos Anantaprayoon 112,457,976 18.36

4) Mr. Sompong Chonkadeedumrongkul 50,064,000 8.18 5) Mr. Wutt Jarukornsakul 12,540,000 2.05 6) Ms. Thitirat Siripanchanon 12,000,000 1.96 7) Ms. Nalinrat Sae Aung 6,660,000 1.09 8) Mrs. Chaleow Srichaiwat 6,564,000 1.07 9) Mr. Jakrit Chaisanit 6,120,000 1.00 10) Mr. Surachai Thippanumchai 5,796,000 0.95

Share Overview

*Remark: As of July 19, 2013

*Remark: Include relatives and management directors

Ticker Reuter WHA.BK

Ticker Bloomberg WHA TB

Par Value (Bt) 1

Market Capitalization THB 34,272mm

Market Capitalization (USD) USD 1,101.21mm

Ranking in market capitalization 65

SETPROP % in SET 9.29%

Market cap % in Sector 2.87%

Average Daily Turnover THB154.2 mm

Average Daily Turnover USD4.9 mm

Share Issued (share) 611,998,983

12-Month High/ Low 62.75/13.25

Foreign Limit 49%

Free Float Approx. 30%

Dividend Policy ≥40% of Net profit

*Remark: Figures as of July 19 , 2013

Company’s Business Platform and Strategies

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To focus on Built-to-Suit Developments to satisfy specific customers’ requirement

To provide high-quality logistics and warehouse/ distribution center/ factory to customer

To strategically grow portfolio

Recycling capital to enhance shareholder value

1

2

3

4

Providing Total Solutions across the Logistics Value Chain

Delivery of Premium Product Quality Growing size and scale of domestic markets both ‘existing’ Build Scale and ‘new’ strategic locations Embark on new markets to serve customers To optimize capital structure for financial flexibility and shareholder value through optimization of ROE

Inquire all requirements in terms of location, specifications, cost and timing

Transportation and rental cost optimization

Traffic and distance management

Humidity and temperature control system

Special floor’s loading

Clear height ceiling space

Deliver as designed and promised (no project delay, no cost overrun, and meet project’s specifications)

Business partner to co-developing extension phase

Understand client’s preference

Flexible for expansion solution

Overall Project Advisory

Requirement Gathering

Location Identification

Project Design

Construction Management

Long-term Advisory and After-sale Service

Customer Requirements

Customer Satisfactions WHA’s Total Solution

To establish long-term cooperative relationship with our customers by providing high quality properties and services

Sample of WHA

Service

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1) To focus on the Buit-to-Suit Development to satisfy customers’ requirement

2) To provide high-quality logistics and warehouse/ distribution center/ factory to customer

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Various Features of our High-Quality Warehouse and Distribution Center

Large Floor Area Clear Height High Load Tolerance Dock Leveler Wide Column Spacing

Burnished Floor Finish

One Continuous Metal Sheet Roof

Air Gap Roof Insulation

Natural Ventilation

Steel Pipe Structure

10,000-70,000 sqm. 10-13 meters 3-5 tons/sqm.

Mirror floor finish Eliminate the leakage on the roof

Lower inside temperature

Maximize wind flow Less dust

accumulation

Increase usable area Hydraulic Dock Leveler

3) To strategically grow portfolio

U-Tapao Airport

Bangkok Port

Laem Chabang Port

Map Ta phut Port

Bangna-Trad K.M.19

Bangna-Trad Km.18

Bangna-Trad Km.19

Lardkrabang

Chonburi

Bangna-Trad Km.20

Saraburi

Amata City

Bang pa-in

Wang-Noi K.M.61

Outer East Bangkok Zone (Bangna-Trad Rd, K.M.18-23) (Chonburi) (Lardkrabang) - Convenient access to the City Center of

Bangkok, Suvannabhumi Airport, and Laemchabang Seaport

Industrial Estate Zone (Hemaraj, Saraburi) (Amata City, Rayong)

- Tax privileges from BOI

- Comfortable access to Suvannabhumi Airport and Laemchabang Seaport

3 Outer North Bangkok Zone (Bang Pa-in, Ayuthaya) (Wangnoi, Ayuthaya)

- A logistic hub to North and Northeast region of Thailand

Note: Portfolio as of 31 June 2013 Built-to-Suit project

Warehouse Farm project

WHAPF Port

Airport

Best Strategic Locations in Logistic Hubs Area

Bangna-Trad Km.23

2

1

11

Prachinburi

Bangna-Trad Km.18 Chonlaharnpichitl

Laemchabang

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3) To strategically grow portfolio

WHA has a business plan to develop logistics center at the strategic locations to serve upcoming AEC and our customers expansion…

Highly Stable CF from

Investment

Utilize Recurring

Income Stream

Well-balanced Portfolio and

Capital Structure

All Invested Assets Generate Revenue

100% Occupancy rate track records

To hold minimal non-income generating assets

Strong Stability of Rental Profit

Secured L-T contract with growth in rental

Appx. 85% EBITDA margin

Low maintenance cost

Capital Structure Optimization

Asset-Optimization Model

Optimization of return on equity (ROE) to shareholder through the asset monetization program via PFPO/ REIT to optimize long-term capital structure and achieve return-

enhancing strategy

Rental Business Developing Business

Expedited growth of investment

Earning from asset divestment

Recurring income from dividend and asset management fee

Complementary business model of property company with strong CF stability and PFPO/ REIT leads to accelerated growth, high efficiency, and high margin business model capturing full value chain

4) Recycling capital to enhance shareholder value

Capital Recycling Model

Through PFPO/REIT

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14

Agenda

Key Events/ Latest Development

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Stock Dividend 2:1 Stock Dividend amounting to THB 0.55/share or THB 339.99mm, equivalent to 65% Dividend Payout Ratio (Out of THB 522mm- Net profit (WHA Company only statement)) This was attributable to the gain from asset sales during Q1’2013. Key Milestones can be set out below:

• Extraordinary Shareholder Meeting (EGM): August 27, 2013 • XM Date: September 5, 2013 • Payment Date: September 18, 2013

Asset Acquisition (Normal Course of Business) – To be approved New 11 Projects worth THB 9,743.60mm to THB 11,294.70mm for leasable area of 698,000 sqm.

Asset Divestiture to WHAPF 6 Projects having approx. 172,800 sqm. will be sold to WHAPF, during Q4’ 2013 amounting to THB 4,400-4,700mm. This will be recognized as asset sale during Q4’ 2013, totaling of THB 6.4-6.7 bn worth of Revenue From Asset Sale this year.

A- Company Rating by Fitch Ratings (Thailand) THB-Bond up to THB 3,200mm will be issued within third quarter

Business Highlights – Q1FY2013

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153,529

Sqm.

Additional Pre-leased Contract

New Locations

Occupancy Rate 100% and Retention Rate 100%

Target Full-year Pre-leased 500,000 sqm. Versus original target 300,000 sqm.

Additional Completed/

Leased Contract

22,784 Sqm.

Total Pre-Leased

Area 232,276

Sqm.

418,700

Sqm.

Additional Land

Acquisition

Total Leased

Area

209,689

Sqm.

Customers

3 New Customers

2 Existing Customers

Chonlaharnpichit, Bangna-Trad Km. 18

Leamchabang

Prachinburi

Panthong, Chonburi

Impressive Track Record of Growth and 100% Occupancy Rate

Note: The above CAGR is calculated based on actual occupied area in 2006 and actual occupied area in 2012. However, the total estimated area include land held for future project as of the end of 2012 is expected to be 856,551 sq.m., additional 351,500 sq.m. represent land held for future development (115,000 sq.m. in Lardkrabang, 55,000 sq.m. in Saraburi, 21,000 sq.m. in Chonburi, 54,000 sq.m. in Wang-noi, 91,500 sqm. In Bangna Trad and 15,000 sqm. In Kabinburi)

Growth Phase Introduction Phase

WHA Group is the market leader with proven track record of high growth and impressive 100% occupancy rate

OR

100% 100% 100% 100% 100% 100% 100%

Total developed and occupied area (Own by WHA)

Area sold to WHAPF

Unit: Sqm.

2006 – 2010 Originated the concept of Built-to-Suit warehouse

business model Develop one of the largest Built-to-Suit distribution

centers in Thailand Developed 3 world-class factories Set up WHAPF as a vehicle for supporting its growth

2011 - Present Introduced Warehouse Farm project Strengthen value capturing from asset monetization to

PFPO as continuous stream income and vehicle to expedite growth

298,139 192,341 169,433

141,619 141,619 88,913

505,051

39,809 147,086

39,809

Key Milestones

Developed/ Developing & Occupied area for 2006-2013

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357,965

100% 2006 2008 2007 2011 2010 2009 2012 1QFY2013

216,616

209,689

258,330 152,532

658,581

698,000 Land held for future development (To be approved)

73,081

Land held for developing (Pre-leased Contract)

159,195

Land held for future development (Pre-leased Contract)

170,000

Land held for future development

1,526,581

868,

000

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Detailed Project Status

Project Name Location Area (sqm.) Revenue Recognition Period

(1) Completed and Leased Area (As of Q1 Y2013)

WHA Mega Logistics Center Bangna-Trad km.18 Bangna-Trad km.18, Samutprakarn 72,179.48 August 2011 – September 2012

WHA Mega Logistics Center Bangna-Trad km.19 Bangna-Trad km.19, Samutprakarn 58,891.86 September 2012 – January 2013

WHA Mega Logistics Center Bangna-Trad km.23 Bangna-Trad km.23, Samutprakarn 7,453 April 1, 2012

WHA Mega Logistics Center Wangnoi 61 Wangnoi km.61, Ayuttaya 15,331 Feb 1, 2013

WHA Logistics Center, Ladkrabang Phrase I Ladkrabang, BKK 18,155.97 October 1, 2011

WHA – DSGT Distribution Center Saraburi Phrase I Saraburi 28,278.04 September 1, 2012

WHA – Dena Amata City, Rayong 9,399.42 March 16, 2011

Total 209,689

(2) Pre- Leased Area (As of Q1 Y2013)

Land Held for Developing (Pre-Leased Contracts)

*WHA Mega Logistics Center Bangna-Trad km.19 Bangna-Trad km.19, Samutprakarn 12,603 Q2 Y2013

WHA Mega Logistics Center Bangna-Trad km.23 Bangna-Trad km.23, Samutprakarn 52,382 Q2 - Q3 Y2013

WHA Mega Logistics Center Ladkrabang Ladkrabang, BKK 12,114 Q3 Y2013

*WHA Mega Logistics Center Panthong, Chonburi Phrase I Panthong, Chonburi 32,293 Q3 Y2013

WHA Mega Logistics Center Saraburi Saraburi 15,879 Q4 Y2013

*WHA Inthanon Phrase II Bangna-Trad km.19, Samutprakarn 9,195 Q3 Y2013

*WHA - DSGT Distribution Center Saraburi Phrase II Saraburi 24,729 Q3 Y2013

WHA Mega Logistics Center Chonlaharnpichit km.5 Bangplee, Samutprakarn 34,133 Q4 Y2013

WHA Mega Logistics Center Wangnoi 61 Wangnoi, Ayuttaya 26,113 Q4 Y2013

*WHA – Ducati Phrase II Amata City, Rayong 12,835 Q4 Y2013

Total 232,276

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Project Name Location Area (Sqm.)

(3) Land held for future development (To be approved) (As of Q1 Y2013)

WHA Logistics Center, Ladkrabang Ph2 Ladkrabang, Bangkok 17,000

WHA Mega Logistics Center Ladkrabang Ladkrabang, Bangkok 66,000

WHA Mega Logistics Center Cholaharnpichit km.6 Bangplee, Samutprakarn 65,000

WHA Mega Logistics Center Cholaharnpichit km.4 Bangplee, Samutprakarn 70,000

WHA Suratthani Poonpin, Suratthani 50,000

WHA Logistics Kabinburi DC. Kabinburi, Prachinburi 16,500

WHA Mega Logistics Center Cholaharnpichit km.5 Bangplee, Samutprakarn 40,500

WHA Mega Logistics Center Leamchabang Sriracha, Chonburi 49,000

WHA Khon Kaen Muang, Khon Kaen 35,000

WHA Mega Panthong Panthong, Chonburi 119,000

Bangna Bangplee, Samutprakarn 170,000

Total 698,000

(4) Land held for future development (As of Q1 Y2013) WHA Suratthani Poonpin, Suratthani 110,000

Lumpoon Lumpoon 60,000

Total 170,000

Detailed Project Status

Updated Project Status

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WHA 2011A 2012A Q1’2013A

Completed/ Leasable Area 196,215 256,434 209,689

Pre-Leased/ Developing (Backlog) 62,115 101,531 232,276

Land Held for Future Development 868,000

Total Area (Completed + Pre-Leased) 258,330 357,965 441,965

Total Area (Total Area) 1,309,965

Additional Pre-Leased Area (During the Period) 206,912 153,529

WHAPF 2011A 2012A Q1’2013A

Leasable Area- Beginning 39,809 39,809 147,086

Additional Injection - 107,277 69,530

Leasable Area- Ending 39,809 147,086 216,616

Total WHA+WHAPF (Completed + Pre-Leased) 298,139 505,051 658,581

Total WHA + WHAPF (Total Area) 1,526,581

Ending Period (sqm.)

From 2014 onwards, due to substantial growth in y-o-y leasable area (Completed and Backlog area), the recurring income portion consisting of rental revenue, coupled with others recurring income i.e. PM Fee and Dividend Received from WHAPF, is likely to be doubled from 2013 level and should almost reach 50:50 (Recurring Income: Non-Recurring Income i.e. Gain from Asset Sales)

2013E

373,000

252,000

690,000

500,000

2013E

216,616

172,800

389,479

1,079,479

WHA Group’s tenants are mainly the reputable MNCs

Remark: The information, shown in charts above, are calculated from leasable area (sqm.)

Well-Known Tenant Profile

27%

35%

38%

Expiry Profile (WHA Group)

1-3 Y

3-5 Y

5-10 Y

> 10 Y

19%

26% 36%

19%

Expiry Profile (Overall)

1-3 Y

3-5 Y

5-10 Y

> 10 Y

Note: Portfolio as of March 31, 2013

*

*FMCG means Fast Moving Consumer Goods **3PLs means Third Party Logistics

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Agenda

Recap: WHA’s pre-IPO shares acquisition in WAA and implication to monetization into WHAPF

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Sept ’ 11 Dec’11

Nov’12 Jan’13

Event

Impact

• In accordance with TFRS 3 (Business Combination), WHA was required to upwardly adjust the investment property to be fair market value at acquisition date (on Sept’11and Dec’11). Hence, there will be no accounting gain in WHA’s consolidated basis when WAA’s asset was divested in Jan’13.

• However, the cashflow gain is still retained and no impact on WHA’s dividend payment and DCF valuation.

WHA’s 74% shares acquisition in WAA by cash (Business combination)

FMV Bt 731.3 mm vs. Cash consideration Bt 408.9 mm

FMV (Asset) Bt 1,642 mm Debt Bt 654 mm FMV (Equity 100%) Bt 988 mm

(P/L) Gain Bt 322.4 mm (B/S) Investment property Bt 1,615.0 mm

WHA’s step-up acquisition (Non controlling interest) 26% in WAA

(P/L) No impact Bt - mm (B/S)

IPO of WHA’s shares and listed in SET

Monetization of Healthcare 53,000 sqm. is Bt 1,615 mm

Consolidated (P/L) Gain (Loss) Bt (72) mm (B/S) Gain on Company only (WAA) P/ L Bt 372 mm

Noted • WHA: WHA Corporation PCL • WAA: Warehouse Asia Alliance Co., Ltd.

Asset (Investment in subsidiaries) Bt 259.1 mm

Equity

(Paid-up capital) Bt 158.0 mm

(Premium from acquisition non-controlling interests) Bt 101.1 mm

Impact on WHA

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WAA’s Financial Performance arising from Asset Sales

Sale value BV SBT+ Transaction cost+ VAT

Gross profit Corporate income tax

Net profit

Bt 1,615 mm

Bt 964.4 mm

Bt 81.4 mm

Bt 537.4 mm

Bt 120 mm

Bt 372 mm

1QFY2013 WHA’S FS (Consolidation)

Net profit for 1QFY2013 (Bt mm)

Consolidated Financial Statement

121.91

Company Only Financial Statement

522

Explanation

Net profit from company only statement was mainly derived from dividend income Bt 350 mm from WAA which resulted from gain from asset sales (Healthcare) amounting to Bt 372 mm

Write off AR

Bt 77.2 mm

GPM 36%

Unit : THB mm FY2010 FY2011 (Consolidation)

FY2012 (Consolidation) 1QFY2013

Rental and service income 43.1 220.9 359.9 96.4

Asset Sale - - 1,808.9 2,046.5

Gain from asset sale 126.4 - - -

Dividend from WHAPF & property management fee 0.1 12.8 38.4 16.4

Other income 0.2 6.5 6.3 5.2

Total Normalized Revenues* 169.8 240.2 2,213.5 2,164.5

Gain from acquisition of subsidiaries - 350.1 - -

Total Revenues 169.8 590.3 2,213.5 2,164.5

Revenue Structure

Note: : *Exclude the gain from acquisition of subsidiaries amount of THB350.1 mm in FY2011. ** In FY2012 and FY2013, the Company recognized revenue from asset sale as its normal operating business instead of recording the gain from asset sale in 2010.

Rental & Service Revenue & GPM Leasable Area Growth

Asset Sales Business Revenue & GPM WHAPF – Fund Size & Leasable Area

Property Management Fee Dividend Received - WHAPF

14%

25

Profitability Ratio

EBITDA, Net Profit and Margins

26

191.2

506.9

77.6

213.3

79.6%

22.9%

32.3%

9.6%

-100.0%

-80.0%

-60.0%

-40.0%

-20.0%

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

0.00

100.00

200.00

300.00

400.00

500.00

600.00

2011* 2012

EBITDA with sales Net profit

EBITDA Margin with sales Net profit margin

-

50.0

100.0

150.0

200.0

250.0

300.0

FY Q1 2012 FY Q1 2013

10%

0%

5%

8.7%

5.6%

13.5%

9.8%

-10%

-5%

-15%

15%

257.7

166.2

211.9

121.9

Remark: The EBITDA with sales and Net profit of FY Q1 2013 do not reflect genuine EBITDA Margin from Asset Sale. The figure should be adjusted by an increase of THB 444mm.

Assets and Capital Structure

Assets Composition Capital Structure

27

Debt Profile Financial Cost Target

Target: Long-term bond up to THB 3,200mm

- To refinance long-term loan

- For business expansion

0

1

2

3

4

5

6

7

0

20

40

60

80

100

120

140

160

2011 2012 Q1/2013

Financial cost Interest rate

THB mm

6.5%

5.3%

5.5%

%

28

Agenda

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Balance Sheet

29

WHA Corporation Public Company Limited

Statement of Financial Position

As at 31 March 2013

FY2012 1QFY2013 %

MB MB Change

Current assets

Cash and cash equivalents 1,095 581 -47%

Advance for construction and deposit 135 114 -16%

Non-current asset held-for-sale 2,200 1,482 -33%

Total Current assets 3,431 2,177 -37%

Non-current asset

Investment available-for-sale 653 937 44%

Investment properties (net) 4,102 3,936 -4%

Other non-current assets (net) 112 164 47%

Total Non-current assets 4,867 5,038 4%

Total Assets 8,298 7,215 -13%

Current liabilities 2,386 2,655 11%

Non-current liabilities 2,870 1,576 -45%

Total liabilities 5,256 4,232 -19%

Total Shareholders' equity 3,042 2,984 -2%

Income Statement

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WHA Corporation Public Company Limited

Statements of Comprehensive income

For the Quarter ended 31 March 2013

Consolidated

1QFY2012 4QFY2012 1QFY2013 % %

MB MB MB QoQ YoY

Rental and services income 85 118 96 -18% 13%

Income from sale of investment properties 1,809 - 2,046 100% 13%

Dividends 3 10 14 47% 368%

Other income 3 4 7 74% 165%

Total Income 1,900 132 2,164 1539% 14%

Cost of rental and service 24 42 40 -4% 63%

Cost of investment properties 1,617 - 1,923 100% 19%

Total Cost 1,642 42 1,963 4628% 20%

Operating profit 258 91 181 100% -30%

Net profit 164 24 122 401% -26%

Mr. Arttavit Chalermsaphayakorn Chief Financial Officer and Executive Director

Mr. Jakrit Chaisanit Director, Head of Construction Management division

Dr. Somyos Anantaprayoon Chief Executive Officer

A Director since incorporation Group’s CEO who originated the

idea of world-class standard Built- to-Suit Warehouse and DC

Mrs. Jareeporn Anantaprayoon Managing Director

A Director since incorporation Assist the CEO in business strategy

development Responsible for Group’s sales and

marketing

Management Team

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Mr. Narong Kritchanchai Director Director

Mr. Somsak Boonchoyruengchai Director, Head of Accounting division

Mr. Chakkaphob Nuangchamnong Director, Head of Business Development

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1121 Moo.3 Theparak Rd., Theparak, A. Muang, Samutprakarn 10270 Thailand Tel. +66 (0) 2 753 3750 Fax. +66 (0) 2 753 2750 e-mail: info@wha.co.th Website: www.wha.co.th

WHA Corporation PCL.