Italian-Thai Development Public Company Limited to inform SET that the Company signed contracts to proceed with 2 projects as follows: Project 1: Thai Oil Clean Fuel Project (Package 1-7) (Subcontract for Joint Venture of PSEAL, SSING and SET), value of THB 4,035,011,039 (VAT included), period of 30 months and Signing Date is December 2, 2019. Thai Oil Clean FuelProject (Package 1-7) (Subcontract for JointVenture of PSEA: Civil works for the Joint Venture of Petrofac South East Asia, Saipem Singapore and Samsung Engineering with total area of 250,000 cubic meters for concrete foundations, road work, utility system, fence installation, sump pit and the powerplant foundation. Project 2: Signaling and Telecommunications Systems for the Construction of Double Track Railway Project, Map Kabao - Tanon Chira Junction section (As the consortium of Italian-Thai Development PCL and LSIS Co. Ltd.), value of THB 2,445,000,000(VAT included), period of 45 months and Signing Date is December 24, 2019. Signaling and Telecommunications Systems for the Construction of Double Track Railway Project, Map Kabao - Tanon Chira Junction section (As the consortium of Italian-Thai Development PCL and LSIS Co. Ltd.): Design, supply and installation of Signaling and Telecommunications Systems for the newly constructed tracks and the 18 existing stations with the Automatic Train Protection System in accordance with the standard of the European Train Control System (ETCS) Level 1.Design, supply and installation of the Centralized Traffic Control (CTC) System to supervise the train operation in all tracks in the project area. Investment Portion: ITD: 46% and LSIS: 54%.