Investor Relations

 

PTTEP 13061/00-0252/2019                                                                                  

30 January 2019

 

President

The Stock Exchange of Thailand

93 Ratchadapisek Road, Din Daeng

Bangkok 10400

 

Dear Sir,

 

 

Subject:           Proposed Dividend for Year 2018

 

 

PTT Exploration and Production Public Company Limited, or PTTEP, is pleased to announce that the Board of Directors of the Company, at meeting No. 3/2562/455 on 30 January 2019, passed a resolution to propose the 2018 dividend payment of Baht 5.00 per share to the 2019 Annual General Shareholders’ Meeting for approval. The Company has made an interim dividend payment to the shareholders for the first-half-year operations of 2018 at the rate of Baht 1.75 per share (the entire amount was paid from unappropriated retained earnings under the Revenue Code), and still has to pay the remaining dividend at the rate of Baht 3.25 per share, which will be paid from unappropriated retained earnings under the Petroleum Income Tax Act.

PTTEP has set 13 February 2019 as the Record Date on which shareholders have the right to attend the 2019 Annual General Shareholders’ Meeting (AGM) and to receive the dividend. The dividend payment of Baht 3.25 per share will be paid on 11 April 2019, after obtaining approval from the 2019 AGM.

 

Please be informed accordingly.        

 

Sincerely yours,

 

 

Phongsthorn Thavisin

President and Chief Executive Officer