PTT prepares to invest for sustainable growth

PTT announces interim dividend payment Prepare to invest for sustainable growth. Ready to support the government's policy to ease the people's burden. Even though the economy is slowing, PTT is still determined to build investor confidence. Through continuous investment in important projects in accordance with the business planMr. Chansin Treenuchagron, Chief Executive Officer and President, PTT Public Company Limited (PTT) said today (27 September 2019) that the Board of Directors resolved to pay interim dividends. For the first half of the year 2019, the government responds with a policy to ease the cost of living of the people. Despite the economic slowdown, PTT is still determined to build investor confidence. Through continuous investment in important projects in accordance with the business plan Including supporting government policies to strengthen the country's economic security

By the resolution of the Board of Directors' meeting approving the payment of interim dividends to shareholders at the rate of 0.9 baht per share, representing a dividend ratio (Dividend Payout Ratio) approximately 47.1 percent of the first half net profit of the year 2019 and the dividend payment ratio Per year (Dividend Yield) by 4.3 percent, which meets the expectations of investors. The Ministry of Finance, a major shareholder of PTT, will receive dividends, both directly and indirectly, through the Vayupak Fund, amounting to approximately 16,000 million baht. Over 100,000 institutional and retail shareholders will receive Receive dividends of over 10,000 million baht, totaling approximately 26,000 million baht, which helps to stimulate the economy for the country. The XD (Exclude Dividend) date is set for October 10, 2019 and dividend payment is to shareholders on October 25, 2019.

In this regard, PTT continues to invest in important projects in accordance with the business plan. In order to create sustainable growth in accordance with the 3D balancing strategy (People Planet Prosperity: 3P).

In addition, the PTT Board of Directors has resolved to support government policies to alleviate the cost of living of the people. By providing gas support to Hawker stores, food stalls holding state welfare cards in the amount of 88,189 persons, in the amount of a discount of 100 baht per month for LPG usage for the right to buy LPG from a gas shop registered with Comptroller General's Department Through Electronic Data Capture (EDC) devices of Krung Thai Bank nationwide With a 3-month assistance period from October To December 2019 in the total amount of 30 million baht, a pilot project of PTT in collaboration with the Ministry of Energy and the Ministry of Finance In the database adjustment, the person who deserves direct support In accordance with the information of the state welfare card holders In the reduction of LPG prices

"The resolution of the PTT Committee shows the care of people with low-income state welfare cards. In order to have a more stable career It also stimulates the economy through dividends for the Ministry of Finance and more than 100,000 shareholders totaling approximately 26,000 million baht in October 2019 in order to create growth and sustainability of the Thai economy and society. Continue to operate an integrated business in every dimension to drive the country's economic foundation stable, "said Mr. Chansin.