No. Esso/SET/001/51 July 30, 2008 Subject: Report on Use of Proceeds from Capital Increase of Esso (Thailand) Public Company Limited To: President The Stock Exchange of Thailand Reference is made to the total 850,858,000 shares (inclusive of 77,524,700 shares that were exercised by over-allotment agent) which Esso (Thailand) Public Company Limited ("Esso") offered to general public during its initial public offering (IPO). The shares were offered at 10 Baht/share and Esso received an increased capital funding of approximately Baht 8,110 million (after deduction of relevant IPO expenses). Esso hereby reports that all increased capital funding has been used to partially repay short-term loans under Syndicate Bank Loan from commercial banks. Please be informed accordingly Your truly Esso (Thailand) Public Company Limited (Mr. Daniel E. Lyons) Managing Director