Acquisition and disposition of assets IR 56/007 27 March 2013 Subject : Notification of 6 months period asset acquisition To : The President The Stock Exchange of Thailand JMT Network Services Public Company Limited. ("JMT" or "the Company") Board of Directors No. 3/2013 dated 27 March 2013 had passed JMT enter into the Thanachart Bank Public Company Limited ("TBANK") low quality debt auction for further debt management and collection. On 27 March 2013, JMT won the auction, and executed a Asset sale and purchase agreement with TBANK successfully. (Collectively referred to as the "the said transaction") The entering into said transaction constituted an asset acquisition of a listed company under the Notification of the Capital Market Supervisory Board No. Thor. Jor. 20/2551 Re : Criteria of significant transaction that would be an acquisition or disposition of assets and the 2547 Notification of the Stock Exchange of Thailand re: Disclosure of information and performance of listed companies in the acquisition or disposition of receivable (collectively referred to as the "Acquisition/Disposition Notifications") 1. Transaction Date 27 March 2013 2. The parties involved and the relationship with the Company Buyer : JMT Network Services Co., Ltd. ("JMT") Seller : Thanachart Bank Public Company Limited ("TBANK") Relationship with the Company: TBANK in not regard as JMT connected person accordance to Notification of Capital Market Supervisory Board No. Tor Jor. 21/2551 Re: Rules of entering into connected transactions and the Notification of the Board of Governors of the Stock Exchange of Thailand Re: Disclosure of Information and Other Acts of listed companies concerning the Connected Transactions B.E. 2546 ("Connected Transaction Notification") 3. The general characteristic of the transaction This transaction is considered as class 2 transaction of Acquisition/Disposition Notifications, since the 6 months period transaction size is 18.68%. The size of the only said transaction (value of 44.34 million baht) calculated based on the Company's Consolidated Financial Statement ended 31 December 2012 and total value of consideration is 6%. However, the 6 months period transaction size is 18.68%, JMT had acquired the low quality debt total 94.35 million baht or the size of 12.68% 4. Details of Acquired assets (1) Asset Characteristic : Low Quality Debt (2) Auction Winning Price : 44.34 million bath 5. Total consideration value and criteria for determining the consideration value The company won the auction with the price of 44.34 million baths. With consideration of JMT expertise and low quality debt collection experience, the said transaction shall provide the high and pleasant return on investment after operational expense of 10-12% per year. JMT is subjected to make a payment on cash basis the payment is subjected to be done on the signing date. Financing JMT will use the funds, which are short term loans from financial institutions. 6. Benefits to the Company as the result of the transaction The company will recognize the return on investment after operational expense of 10-12% per year. 7. Board of Director's opinion on the transaction The Board of Directors considered that said transaction is the company normal operating business. The company shall recognize higher revenue and a pleasant return on investment after operational expense of 10-12% per year which is higher than the company cost of capital. 8. Opinion of the Board of Directors and/or the Audit Committee which is different from8. -None- 9. Condition Precedent This transaction is considered as class 2 transaction of Acquisition/Dispositions Notifications. The Company is required to report and disclose the transaction details to the Stock Exchange of Thailand and required to distribute a written notice of its decision to enter into a transaction on its shareholders within 21 days from the date of disclosure of information to the Stock Exchange of Thailand. The Company hereby certifies that the information contained in this report form is true and complete in respects. ??????????????? (Mr. Suphot Wanna) The Company's secretary ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.