Notification the exercise of securities Subject : Notification the exercise of securities Date announced : 12-Mar-2013 Name of securities : BTS-W2 Exercise date : 29-Mar-2013 The notification period for the exercise : From 22-Mar-2013 to 28-Mar-2013 of the securities Exercise price (baht per share) : 4.375 Exercise ratio (Warrants : common : 1 : 0.16 shares) Remark : Exercise Price Baht 4.375 per share; Any Satang derived from the calculation of subscription price shall be rounded down. Exercise Ratio 1 unit for 0.16 share of the Company; If the exercised Warrants result in a share fraction, such fraction shall be rounded down. __________________________________________________________ BTS Group Holdings Public Company Limited (the "Company") has issued the warrants representing the rights to purchase the ordinary shares of the Company No. 2 (BTS-W2) (the "Warrants" or "Warrants BTS-W2") in the total amount of 5,027,000,448 units on November 11, 2010. The Warrants BTS-W2 are due for exercise on the last business day of every quarter (March, June, September and December) of each calendar year after the 2-year anniversary from the issuance date. In this regard, the first exercise date is on December 28, 2012 and the last exercise date is on November 11, 2013. During the period between December 21 - 27, 2012, there were 8,974,167 units of Warrants exercising the right to purchase the shares of the Company (First Exercise). As a result, the balance of the Warrants being unexercised is 5,018,026,281 units and the balance of the ordinary shares reserved to accommodate the exercise of Warrants BTS-W2 is 802,884,208 shares. Details are as appeared in the letter of the Company Ref. No. BTS 2004/2013 dated January 4, 2013 to which to Company had announced through the Stock Exchange of Thailand's information disclosure channel. In this regard, the Company would like to inform the details regarding the exercise of rights under the Warrants to purchase the ordinary shares of the Company under the Warrants BTS-W2 for the 2nd exercise as below. The 2nd Exercise Date: March 29, 2013 Period for the Notification of Intention to Exercise the Warrants: During 8.30 hrs. - 15.30 hrs. on March 22, 25, 26, 27 and 28, 2013. Exercise Ratio: 1 unit of Warrants BTS-W2 : 0.16 share; if the exercised Warrants result in a share fraction, such fraction shall be rounded down (Please see examples of calculation in Attachment 1). Exercise Price: Baht 4.375 per share; any Satang derived from the calculation of subscription price shall be rounded down (Please see examples of calculation in Attachment 1). Agent Receiving Exercise Intention: Phatra Securities Public Company Limited Place to Exercise the Warrants: Operations Department Phatra Securities Public Company Limited 6/F Muang Thai-Phatra Office Tower 1 252/6 Ratchadapisek Road, Huaykwang, Bangkok 10310, Thailand Contact persons: Ms. Orachorn Chanapokakul, Ms. Areewan Yangtad, Mr. Jareug Kumpeerakit Contact Number: +662-305-9000 Ext. 9390, 9391, 9379 Payment Methods: Check, cashier check, bank draft / bill of exchange, or wire transfer ______________________________________________________________________ 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.