TRC Corporate Presentation

The 1st Qtr 2014 Operating Performance

Opportunity Day

11 June 2014

1

Agenda

Company Overview

Ongoing Projects

Future Developments

Key Financial Highlights

Q&A Session

2

Vision

3

To become the leading contractor of Thailand and Asian Region

delivering the EPC construction services for both natural gas pipeline

projects and petrochemical industry plants as well as stepping up to

become an investment developer in energy business with good

governance practice emphasizing on safety standard, environmental,

societal and community cares for sustainable and constant

growth.

4

Mission

To adhere to working with quality and in accordance with acceptable standard and customers’ satisfaction

with the mission of treating the followings stakeholders in various groups under the good governance:

Employees: to enhance a dignity concept of working with the organization, place importance on human

right respect and labor treatment on fairly and safety basis as well as human resource development, and

promote skills training in specific fields in parallel with team working management, knowledge and

experience sharing from one generation to another.

Shareholders: to operate and manage business under the good governance for maturity yield on fairly

and equally basis for all shareholders.

Customers: to aim at developing the service to deliver works with quality and safety to be in line with

customers’ satisfaction and required standard with on-time delivery and fair price.

Partners and Competitors: to mutually manage the business under the competition rule on fairly basis

together with enhancing a good relationship with partners and business networks on mutual benefit basis

for long-term relationship.

Community/Society/Nation: to emphasize on the impact management towards environment, community

and society with a continuous policy of annual budget provision for CSR activities both internally and

externally. The objective is to encourage responsibilities for community and environmental development

as well as returning benefits to society and community so as to address a sustainable development.

Key Corporate Milestone

• Bidding with many competitors and lower margin

2005Contractor

2006EPC Contractor• Providing Engineering, Procurement

& Construction services with fewer competitors and higher margin

2010Project Developer • Utilizing EPC experiences and

become the “ONE STOP SERVICE” for our clients

2013 onwardsInvestor • For sustainable

growth

• Lump Sum Turnkey Bangchak BioDiesel Plant Project

• Undertaking International & Large Scale Project Development

Nigeria Project

RR Project

• Wang Noi-Kaeng Khoi Cross Country Gas Pipeline• Listed on the MAI

• EPC for Flowline in Sultanate of Oman• Consortium with Siemens for OCS#1

Oman Project

Revamp OCS#1

• Moving to the SET in 2013• Navanakorn-Rangsit Project• Provincial Gas Transmission Project (JV with Sinopec)

• TRC is equipped capability of EPC and undertake Large Scale Projects• Ubon-Bio Ethanol• Gulf’s 7SPP and IPP Gas Pipeline Project

Gulf JP Pipeline

5

• CBG Investment Project in 2014

Ubon Bio-Ethanol

6

Strategic Partners

*

* CSCEC: China State Construction Engineering Corporation, China** TWC: Tiong Woon Crane Pte Ltd, China

**

: 23 April 2013

7

8

SET Awards 2013

Outstanding CEO Awards Top Corporate Governance Report Awards

Outstanding Company Performance Awards

Our Core Business

EPC Services in Overseas

Mechanical Installation and Process Plant

Construction for Energy and Petrochemical Industry

Pipeline Construction for Energy

and Petrochemical Industry

Project Development and Investment 9

Key Success Factors

Competent and

experienced

professional

management team

& operation personnel

“Provide service excellence and maintain the highest level of customer satisfaction”

Strong risk

management

and solid

liquidity

management

to enables

financial flexibility

Continuously

growing

sustainable

revenue and

profit stream

while creating

loyal and

engaged customers

Establishing strong

strategic alliances

and focus on high

margin projects with high barriers to entry

10

Our Quality, Health, Safety and Environmental Promises

11

New HSE Achievement of TRC Middle East LLC“4 Years LTI Free of Oman Project on 17 June 2013”

12

13

New HSE Achievement of Sahakarn Wisavakorn

Our Reputable Clients

14

15

TRC Office Relocation on 23 June 2014

New Address: No.8 Soi Sukhapiban 5 soi 32, Tha Raeng, Bang Khen District, Bangkok 10220

Agenda

Company Overview

Ongoing Projects

Future Developments

Key Financial Highlights

Q&A Session

16

TRC Group Revenue Growth

• Ongoing Core Business

• PTT’s Provincial Gas Transmission Pipeline Saraburi to

Nakorn Ratchasima

• Gulf JP UT’s Gas Pipeline

• PTT’s Navanakorn-Rangsit Interconnecting Pipeline

• PTT’s Construction Phase for Remaining Gas Recovery

• PTTGC’s Pipeline Distribution System from CUP-1 to

PPLC#2

• PTT’s Natural Gas Pressure Reduction Station Pipeline

• REPCO’S 8” Offsite Polyol Pipeline

• PTT’s Construction of Region VIII Pipeline Operations

Center

• Ticon’s Bridge and Main Road Construction

• Alucon’s Warehouse & Building Construction

• Expansion in Oman

• Petrogas Rima (Extension Contract)

• Front End Engineering and Design (Feed) for

SR-WWTP Odor Abatement Project

• EPCC and O&M in oil & gas sector and

petrochemical industry

• Investment in CBG

EPC

17

Long-Term Investment

Civil works

Pipeline

Owner: PTT Public Company Limited

Contractor: Sinopec-TRC Joint Venture

Work Value: Baht 4,433.65 million + USD 103.45 million

TRC’s Work Portion: Approximately 21%

(Approximately of THB 1,635.90 million)

Scope of Work:

EPC of 28 inch diameter main transmission pipeline for approximately of 112 km. from Saraburi to

Nakhon Ratchasima

EPC of 6 Block Valve Stations, Launcher &

Receiving Station

Work Location: Along Highway No.2 (Mittraphab Road)

Work Period: Nov 13 - Apr 16

Pipeline Business: Provincial Gas Transmission Pipeline to Nakhon Ratchasima, PTT PLC.

18

GUT Gas Pipeline Project

Owner: Gulf JP UT Company Limited

TRC’s Work Value: THB 1,547 million

Scope of Work: EPC package of diameter 28

inches natural gas pipeline installation work

(21 km.), two block valve and one metering station

for Power Plant (IPP) project

Work Location: Rojana Industrial Park 3,

Ayutthaya Province

Work Period: Aug 12 - Jul 14

% of Completion as at 31 Mar 2014: 70.20%

Pipeline Business: GUT Gas Pipeline ProjectGulf JP UT Co., Ltd.

19

Navanakorn-Rangsit Interconnecting

Gas Pipeline Project

Owner: PTT Public Company Limited

TRC’s Work value: THB 834 million +

USD 7.55 million

(Approximately of THB 1,077.90 million)

Scope of Work: EPC package of diameter 28inches for natural gas (6.2 km.) transmissionbranch from KP.20 of the PTP-NS pipeline toNVRS gas pipeline network including onemetering and regulation station launcher/receiver station

Work Location: Alongside Highway No.9,Chiengrak Noi, Bang Pa-in, AyutthayaProvince

Work Period: Jul 13 - Apr 15

% of Completion as at 31 Mar 2014: 27.27%

Pipeline Business: Navanakorn-Rangsit Interconnecting Gas

Pipeline Project, PTT PLC.

20

21

New Awarded Pipeline Project in 2014 :

Natural Gas Pressure Reduction Station Pipeline Project

Natural Gas Pressure Reduction Station Pipeline

Project

Owner: PTT Public Company Limited

Work Value: THB 153.83 million

Scope of Work: EPC package of Natural Gas Pressure Reduction Station Pipeline Project

Work Location: Rojana Industrial Park, Prajeenburi Province

Work Period: Apr 14 - Mar 15

22

New Awarded Pipeline Project in 2014:PTTGC’s Pipeline Distribution System from CUP-1

Pipeline Distribution System from CUP-1

Owner: PTT Global Chemical Public Company Limited

Work Value: THB 149.39 million

Scope of Work: EPC package of Pipeline Distribution system test from CUP-1 to PPCL#2

Work Location: Hemaraj Rayong Industrial Land,

Rayong Province

Work Period: Mar 14 - Nov 14

23

New Awarded Pipeline Project in 2014:

Construction Phrase for Remaining Gas Recovery

Construction Phrase for Remaining Gas Recovery

Owner: PTT Public Company Limited

TRC’s Work Value: THB 53 million

Scope of Work: EPC package and test pipeline system

Work Location: PTT Rayong Gas Separation Plant, Rayong Province

Work Period: Jan 14 - Nov 14

24

New Awarded Project in 2014:REPCO’S 8” Offsite Polyol Pipeline Project

8” Offsite Polyol Pipeline Project

Owner: Rayong Engineering and Plant Service Company Limited

“REPCO”

TRC’s Work Value: THB 41.90 million

Scope of Work: Construction- 8” pipeline from Asia Industrial Estate Office to Map Ta Phut Industrial Estate

Work Location: Rayong Province

Work Period: Apr 14 - Nov 14

Civil Work Project: The Energy Laboratory of Applied BuildingPTT PLC.

25

Owner: PTT Public Company Limited

SKW’s Work Value: THB 275 million

Scope of Work: Construction the Energy

Laboratory of Applied Building

PTT Research and Technology

institute (PTT RTI)

Work Location: Wang Noi District,

Pranakorn Sri AyutthayaProvince

Work Period: Dec 13 - Apr 15

% of Completion as at 31 Mar 2014: 24%

26

Civil Work Project: Construction of Region VIII Pipeline,PTT PLC.

Construction of Region VIII Pipeline Operations Center

Owner: PTT Public Company Limited

SKW’s Work Value: THB 206.70 million

Scope of Work: Construction of building and other relevant system including land fill, infrastructure, building structure, architecture, furniture, electrical and communication system, air condition and ventilation system, mechanical and sanitary system

Work Location: Saengchuto Road (323 old way), Kilometer 111, Tumbon Wangkhanai, Tamuang District, Karnjanaburi Province

Work Period: Oct 13 - Oct 14

% of Completion as at 31 Mar 2014: 30%

27

Civil Work Project: Bridge, Main road and DrainageTICON Logistics Park Co., Ltd.

Civil Work for Bridge, Main road and Drainage, TPARK Wang Noi 2

Owner: TICON Logistics Park Co., Ltd.

SKW’s Work Value: THB 175.11 million

Scope of Work: Civil works for bridge, main road and drainage

Work Location: Amphur Wang Noi, Pranakorn Sri Ayutthaya Province

Work Period: Jun 13 - May 14

% of Completion as at 31 Mar 2014: 93%

28

Civil Work Project: Architectural Construction and Sanitary Works

Alucon PLC.

Architectural Construction and Sanitary Works for New Warehouse, Building 9 Project (Sriracha) – Phase II

Owner: Alucon Public Company Limited

SKW’s Work Value: THB 93.48 million

Scope of Work: Architectural construction and sanitary works

Work Location: Amphur Sriracha, Chonburi Province

Work Period: Aug 13 - Jun 14

% of Completion as at 31 Mar 2014: 50%

Ongoing Project in Oman: Pipeline ProjectPetrogas Rima LLC

Construction of Flow Lines Satellites Small Fields

Owner: Petrogas Rima LLC, Sultanate of Oman

TRC Middle East LLC’s Work Value:

Approximately of THB 407 million

(Extension Contract: 2 Years + 4 Months)

Scope of Work:

Engineering, Procurement and Construction of production flow lines and water injection flow lines connecting the drilling wells together

Work Period: May 12 – Aug 14

% of Completion as at 31 Mar 2014: 92%

29

30

During Bidding Project: Biodiesel Plant Project

Biodiesel Plant Project

Owner: Bangchak Biofuel Company Limited (“BBF”)

Work Value: N/A

Scope of Work: To construct new biodiesel plant capacity 150,000 ton/year and conversion unit of high fatty acid oil to biodiesel.

Work Location: Bang-pa-in district

Pra Nakorn Sri Ayutthaya Province

Bidding Result Period: July 2014

Agenda

Company Overview

Ongoing Projects

Future Developments

Key Financial Highlights

Q&A Session

31

List of Potential Projects

Project Name

Approximate

Project Value

(Million Baht)

Estimated

Project Period

A. Natural Gas Pipeline

A.1 Gas Transmission Pipeline 8,000 2014 – 2018

A.2 SPPs 3,000 2014 – 2018

A.3 Construction Call Off Services n/a 2014 onwards

B. Processing Plant

B.1 Waste to Energy 2,000 2014 – 2015

B.2 Alternative Fuel (Bio Diesel / Ethanol Plant) 1,000 2014 – 2015

B.3 CBG for NGV 70 2014 – 2015

B.4 Other projects 1,000 2014 onwards

C. Infrastructure Government Project - Railway Track 1,000* 2014 – 2016

D. Projects in Oman 700 2014 – 2016

TotalApproximate

16,770

32*Including Strategic Partners’ work portion

Natural Gas Pipeline Project: SPPs

Natural Gas Pipeline Project: SPPs

Focusing on expansion of the construction works for natural gas transmission pipeline projects for both IPP and SPP

Targeted Customers: 22 SPP Producers, approved by the Energy Regulatory Commission of Thailand (ERC) for power supply during 2015 - 2021 according to PDP 2012

33

Company

Quantity of Electricity

Power Offering for Sales (MW)

1 Mabyangporn Clean Energy Co., Ltd. 90

2 SSUT Co., Ltd. (Bangpoo Cogeneration Power Plant Block 2 Project) 90

3 SSUT Co., Ltd. (Bangpoo Cogeneration Power Plant Block 1 Project) 90

4 Thai Energy Generator Co., Ltd. 90

5 Ratchaburi World cogeneration Co., Ltd. (Project 1) 90

6 Ratchaburi World cogeneration Co., Ltd. (Project 2) 90

7 Rayong Electric Generating Co., Ltd. 90

8 Bangkadee Clean Energy Co., Ltd. 90

9 Kabin Cogen Co., Ltd. 90

10 Promburi Power Co., Ltd. 90

11 Thai Oil PLC. (Project 1) 90

12 Bowin Clean Energy Co., Ltd. 90

13 Panthong Clean Power Co., Ltd. 90

14 Panthong Clean Energy Co., Ltd. 90

15 Navanakorn Electric Co., Ltd. 90

16 PPPTT Co., Ltd. 90

17 Eastern Seaboard Power Co., Ltd. 90

18 Advance Agro Asia Co., Ltd. 90

19 Thai Oil PLC. (Project 2) 90

20 Siam Pure Rice Co., Ltd. 90

21 Electric & Steam Co., Ltd. 90

22 The Electricity Generating PLC. 90

Total 1,980

Natural Gas Pipeline Project: IPPs

Natural Gas Pipeline Projects: IPPs

According to Energy Regulatory Commission of Thailand (ERC) announced that Gulf Energy Development Co., Ltd. won the third round of IPP bidding to build the natural gas-fired power plant at 5,000 MW to be commissioning in 2021 - 2026, there will be the natural gas distribution pipeline to be constructed before the schedule of commissioning

Targeted Customer: Gulf Energy Development Co., Ltd., a subsidiary of Gulf JP

Project Location: There are 2 locations; Rojana Industrial Park in Rayong Province and Hemaraj Chonburi Industrial Estate in Chonburi Province

34

Compressed Bio-Methane Gas for NGV Project/Alternative Fuel

Type of Project: Investment

Total Investment: THB 74 million

Scope of Work:

Invest in CBG plant to supply PTT NGV Station approximately 9 tons/day (approximately 3,000 tons/year) or industrial alternative fuel

Project location at Prachuap Khiri Khan Province or Surathani Province

Project Status: To establish new subsidiary Company, wholly own by TRC, within the 3rd Qtr 2014

Project Schedule:

Construction: 2014 - 2015

COD: within the 4th Qtr 2015

Operating Period: 15 years

TRC’s Long Term Investment : CBG for NGV/Alternative Fuel

35

Agenda

Company Overview

Ongoing Projects

Future Developments

Key Financial Highlights

Q&A Session

36

37

The 1st Qtr 2014 Operating Performance

(Unit : Million Baht)

the 1 st Qtr the 1 st Qtr

2014 2013 Amount Percentage

Construction service income 726.46 640.33 86.13 13.45

Interest and other income 1.79 2.06 -0.28 -13.32

Total revenues 728.25 642.40 85.85 13.36

Cost of construction service and cost of sales -607.91 -571.62 36.29 6.35

Gross profit 118.55 68.71 49.84 72.54

Administrative expenses -73.74 -54.48 19.26 35.36

Profit before share of loss from investment in joint venture, finance cost and income tax expenses

46.61 16.30 30.31 185.96

Share of loss from investment in joint venture -1.77 0.00 1.77 N/A

Finance cost -1.43 -1.31 0.13 9.57

Income tax expenses -10.01 -8.95 1.06 11.85

Profit for the period 33.40 6.05 27.35 452.46

Non-controlling interests of the subsidiaries 1.56 3.90 -2.34 -60.05

Profit attribute to equity holders of the Company 34.95 9.94 25.01 251.57

Earnings per Share (Baht) 0.04 0.01

Gross Profit Margin 16.32% 10.73%

Net Profit Margin 4.80% 1.55%

Debt to Equity (Time) 0.73 1.36

Change

(2014 - 2013)

38

The 1st Qtr 2014 Performance of TRC and Its Subsidiaries

(Unit: Million Baht)

TRC SKW TRCM TRCE

TRC

Consol

Common

Size

(Oman) (Oman)

Construction Services Income & Sales 459.95 170.04 72.71 23.76 726.46 99.75%

Other Revenue

Interest Income 0.53 0.34 0.39 - 0.13 0.02%

Other Income 1.05 0.33 0.07 0.27 1.66 0.23%

Total Revenue 461.53 170.71 73.17 24.03 728.25 100.00%

Cost of Services & Sales -378.91 -147.05 -79.84 -2.18 -607.91 -83.48%

Gross Profit 81.04 23.00 -7.13 21.58 118.55 16.28%

SG&A, Share of Loss from Investment in JV and Finance Cost -50.74 -10.73 -8.21 -7.20 -76.94 -10.57%

Earning before Tax 31.89 12.94 -14.88 14.65 43.40 5.96%

Tax -7.23 -2.78 - - -10.01 -1.37%

Net Profit before Minority Interest 24.66 10.16 -14.88 14.65 33.40 4.59%

Less: Minority Interest (40% for TRCM & 30% for TRCE) 1.56 0.21%

Net Profit for the Parent Company 34.95 4.80%

Gross Profit 17.62% 13.52% -9.80% 90.84% 16.32%

Net Profit Margin 5.34% 5.95% -20.34% 60.98% 4.80%

* The performance of another three subsidiaries consisting of TRC International Ltd.(Hong Kong), TRC Investment Ltd.(Mauritius) and SKK Joint

Venture Co., Ltd. (Thailand) was not presented due to their insignificant operating result.

39

1,519

2,262

4,344

2,558

642 728

4,000 – 5,000

-

1,000

2,000

3,000

4,000

5,000

2010 2011 2012 2013 1st Qtr 2013 1st Qtr 2014 2014 (F)

(MB)

Total Revenue

Services Income Break-Down

Pipeline58.3%

Process &Plant40.5%

Civil 0.6%

OtherServices

0.6%

Pipeline64.2%

Process & Plant28.3%

Civil7.4%

Other Services

0.1%

2011

2013

2012

40

Pipeline79.2%

Process & Plant9.8%

Civil9.0%

Other Services2.1%

Pipeline75.6%

Process & Plant

1.0%

Civil23.4%

1st Qtr 2014

41

Net Profit

183

149

228

126

10

35

-

50

100

150

200

250

1st Qtr 2013 1st Qtr 2014

(MB)

Gross Profit & Net Profit Margin

42

25.92%

14.64%

10.78%

14.96%

10.70%

16.32%

12.00%

6.59%5.26% 4.94%

1.60%

4.80%

0.00%

10.00%

20.00%

30.00%

2010 2011 2012 2013 1st Qtr 2013 1st Qtr 2014

Gross Profit Margin Net Profit Margin

A high gross margin in 2010 was from the reversal of provision for penalties for Bio Diesel Project of 43 MB

because the final penalties was less than provision which set up in 2009. Such reversal was recorded as a deduction from cost of services. If such reversal was excluded, the gross margin will be 22.6%.

A high net profit margin in 2010 was from gain from sale of investment in Ratcha Ploen’s shares and reversal of impairment in Ratcha Ploen total of 59 MB. If this extraordinary item was excluded, the net profit margin will be 8.8%.

43

4041,581 1,513 823 866678

797 9901,154 1,191

0.601.98 1.53 0.71 0.73

-5.00-3.00-1.001.003.00

01,0002,0003,0004,000

1st Qtr 2014

Liabilities Equity D/E Ratio

0.51

Debt to Equity Ratio

0.63

0.84

44

Paid-up Capital

120.00150.00

256.67

329.99 330.67 333.56 336.59

IPO 30.00

ShareSwapWithSKW

106.67

StockDividend

73.33

ESOP0.67

ESOP3.56

ESOP6.59

0

50

100

150

200

250

300

350

400

450

2005 2007 2008 2010 2011 2012 June 2013

150.00

256.67

329.99 330.67 333.56 336.59

Stock

Dividend

56.07

RO 15.63

408.29

(MB)

2013

ESOP-W2

• Issuance : 32,000,000 units

• Subscribed : 31,600,000 units

• Offering Period : 1 July 2013

• Exercise Period : Every 30th of Each Quarter

(The 2nd Qtr 2014 to the 2nd Qtr 2016)

• Exercise Price : Baht 4.70/Share

45

Baht 3.03/Share

The 1st exercise Date: 30 June 2014

“10 percent discount from the weighted average of the daily trading price for 15 consecutive days prior to the 2014 AGM date”

Amended

New Exercise Price:

46

Share Price

(Bt./share)

TRC Share Price

0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

16.00

Par Split to

0.50 Bt/Share:

Bt. 7.50, 2 May 13

Stock Dividend (6:1) 112.15

million shares: Bt 5.30,

29 May 13

RO(20:1) 31.27 million shares: Bt 3.12, 2 Jul 13

Bt. 3.48,

5 Jun 14

Moving to the SET:

Bt. 14.30, 23 Apr 13

Highest Price:

Bt. 15.00, 30 Apr 13

47

TRC Group Backlog

TRC SKW Oman Subsidiaries

1,186

607

1,092

2,835 2,970

3,3463,096

315

32

1,352

310

599

424

627

359

265

135

53

40

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

5,000

2008 2009 2010 2011 2012 2013 31-Mar-14

1,501

1,2661,451

4,452

3,415

3,998

3,560 2 New Awarded Projects in Apr 14

196

3,756

Project Name

Type

of

Works

Project Owner/

Client

Work Value

(MB)

Uncompleted

Work Value

(MB)

Project Period

1. Provincial Gas Transmission Pipeline to

Nakhon Ratchasima

(The Project value 4,433.65 MB and USD 103.45 Million)

E, P, C PTT Public Company Limited 1,635.90

(Only TRC’s part

approximately of 21%)

1,635.90 Nov 13 Apr 16

2. Navanakorn-Rangsit Interconnecting Gas Pipeline

Project

(The Project value 834.01 MB and USD 7.55 Million)

E, P, C PTT Public Company Limited 1,077.90 783.93 Jul 13 Apr 15

3. GUT Gas Pipeline Project E, P, C Gulf JP UT Co., Ltd. 1,547.43 461.13 Aug 12 Jul 14

4. Design, Construction, Installation and Test Works for

the Pipeline Distribution System from CUP-1 to PPCL # 2

E, P, C PTT Global Chemical Public

Company Limited149.39 149.39 Mar 14 Nov 14

5. Construction Phase for Remaining GAS E, P, C PTT Public Company Limited 53.00 53.00 Jan 14 Nov 14

6. Co2 Membrance GSP#6 E, P, C PTT Public Company Limited 65.63 12.03 Oct 13 Jun 14

7. Internal Cleaning PIG for MPPL E IRPC Public Company Limited 1.53 0.77 Jun 13

Total 7 Projects 4,530.78 3,096.15

TRC’s Backlog as at 31 March 2014

48

SKW’s Backlog as at 31 March 2014

Project Name

Type

of

Works

Project Owner/

Client

Work Value

(MB)

Uncompleted

Work Value

(MB)Project Period

1. Construction the Energy Laboratory of Applied

Building, Amphur Wangnoi, Pra Nakorn Sri Ayutthaya

Province

E, P, C PTT Public Company Limited 275.00 209.25 Dec 13 Apr 15

2. Construction of Region VIII Pipeline Operations Center,

AmphurThamong, Karnjanaburi Province

E, P, C PTT Public Company Limited 206.70 144.69 Oct 13 Oct 14

3. Architectural Construction and Sanitary Works for New

Warehouse, Building 9 Project (Sriracha) - Phase II,

Tambol Bo Win, Amphur Sriracha, Chonburi Province

E, P, C Alucon Public Company Limited 93.48 46.74 Aug 13 Jun 14

4. TICON Logistic Park Road, Bridge and Drainage System

Project, Amphur Wang Noi, Ayuthaya Province

C Ticon Logistics Park Co., Ltd. 175.11 11.72 Jun 13 May 14

5. Construction, renovation and office area hospice BVW01

Moo 1 ,Pi-lock , Thong Pha Phum, Karnjanaburi Province

E, P, C PTT Public Company Limited 12.00 6.96 Dec 13 May 14

6. Water Treatment Plant for Wangnoi Power Plant,

Ayudhaya Province

E, P, C Electricity Authority of Thailand 20.36 4.40 Sep 11 Apr 14

7. Electrical System Works from Saraburi Main Line to PTT

Fire Safety and Rescue Training Building

E, P, C PTT Public Company Limited 0.44 0.44 Feb 14 Apr 14

Total 7 Projects 783.09 424.20

49

TRC Middle East LLC’s Backlog as at 31 March 2014

Project Name

Type

of

Works

Project Owner/

Client

Work Value

(MB)

Uncompleted

Work Value

(MB)Project Period

Construction of Flow Lines Rima Satellites Small Fields (The extension contract another 2 years + 4 months)

E,P,C Petrogas Rima LLC, Sultanate of Oman

407.12 33.96 May 12 Aug 14

Total 1 Project 407.12 33.96

50

TRC Engineering LLC’s Backlog as at 31 March 2014

Project Name

Type

of

Works

Project Owner/

Client

Work Value

(MB)

Uncompleted

Work Value

(MB)Project Period

Front End Engineering and Design (FEED) for SR-WWTP Odor Abatement Project (The Project value OMR 350,000)

E Oman Refinery and Petrochemical Industry Company Sultanate of Oman

27.94 5.94 Dec 13 Feb 14

Total 1 Project 27.94 5.94

New Awarded Projects of TRC in Apr 2014

Project Name

Type

of

Works

Project Owner/

Client

Work Value

(MB)

Uncompleted

Work Value

(MB)Project Period

1. Natural Gas Pressure Reduction Station Pipeline

Project

E, P, C PTT Public Company Limited 153.83 153.83 Apr 14 Mar 15

2. 8” Offsite Polyol Pipeline Project C Rayong Engineering and plant

Service Co., Ltd.41.90 41.90 Apr 14 Nov 14

Total 2 Projects 195.73 195.73

51

Backlog Conclusion

TRC GroupNo. of

ProjectsRemaining Work Value

(MB)

TRC Construction Public Company Limited 7 3,096.15*

Sahakarn Wisavakorn Co., Ltd. 7 424.20

TRC Middle East LLC, Sultanate of Oman 1 33.96

TRC Engineering LLC, Sultanate of Oman 1 5.94

Total Backlog as at 31 March 2014 16 3,560.25

New Awarded Projects in Apr 2014 2 195.73

Total Backlog 18 3,755.98

52

* Note: For Gas Pipeline Project, Provincial Gas Transmission Pipeline from Saraburi to Nakhon Ratchasima Project, work valuementioned here is only TRC’s portion approximately of 21% of total project value or approximately of Baht 1,636 million.

Agenda

Company Overview

Ongoing Projects

Future Developments

Key Financial Highlights

Q&A Session

53

54