PTTEP No. 13061/00-2752/2017
31 March 2017
President
The Stock Exchange of Thailand
93 Ratchadaphisek Road, Dindaeng
Bangkok 10400
Dear Sir,
Subject: Dissolution of non-active subsidiaries
PTT Exploration and Production Public Company Limited or PTTEP would like to announce that PTTEP has dissolved five non-active subsidiaries in Australia on 19 March 2017 and a subsidiary in Iran on 31 March 2017 as follows;
The dissolution of subsidiaries is part of PTTEP’s policy to increase efficiency and reduce administrative costs with no impact to our business operations.
Yours sincerely,
Somporn Vongvuthipornchai
Somporn Vongvuthipornchai
President and Chief Executive Officer