Jasmine International Public Company Limited (the " Company") informed that the Board of Directors' Meeting of the Company, convened on 3 January 2019, has resolved to approve the Company to apply for a loan, amounting THB 300,000,000 with interest of 2.08% per annum, totaling THB 312,480,000, with the term of loan for 12 months and with an extension right for another 12 months, totally not exceeding the period of 24 months, from Jasmine Telecom Systems Public Company Limited ("JTS"). The loan will be used as the working capital for the company's business. To this regard, on 28 December, 2018, the Board of Directors' Meeting of JTS resolved to approve the granting of a loan to the Company, amounting THB 27,500,000 with interest of 2.08% per annum with the term of loan for 12 months with an extension right for another 12 months, totally not exceeding the period of 24 months.