No. EGCO 110/005

Date:

January 11, 2021

Attn:

President of the Stock Exchange of Thailand

Subject: Signing the Joint Project Development Contract for EGCO Rayong Industrial Estate Development

We, the Electricity Generating Public Company Limited ("EGCO") would like to inform the Stock Exchange of Thailand (SET) that in order to efficiently maximize EGCO's existing assets, the Board of Directors of EGCO in the Meeting No. 6/2020 held on April 10, 2020, approved the development of EGCO Rayong Industrial Estate ("ERIE") on the premises where EGCO's retired Rayong Power Plant was located. In this regard, on January 11, 2021, EGCO entered into the joint project development contract with Industrial Estate Authority of Thailand for ERIE development.

ERIE, an industrial estate of approximately 621 Rais situated in Map Ta Phut, Tambon Huay Pong, Amphoe Muang, Rayong Province, shall effectively utilize EGCO's existing land which has already equipped with natural gas piping system, transmission line, substation, and raw water pipes. The location of ERIE in the Eastern Economic Corridor zone is beneficial privileges which attracts further investment. These beneficial factors shall create growth opportunity in utilities related businesses in Rayong Power Plant area such as water and waste management, smart grid, solar rooftop and solar floating. ERIE has aimed to be a smart and green industrial estate, expectedly to start operating in 2022.

Please be informed accordingly.

Yours sincerely,

Thepparat Theppitak

President

Corporate Secretary Division

Tel. 0 2998 5020 - 27

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EGCO - Electricity Generating pcl published this content on 11 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 January 2021 05:45:03 UTC