Reports to the Stock Exchange

thousand) thousand) thousand) Revenues: Revenue from sale of goods 18,759,951 32,345,381 53,331,844 75,968,330 59,072,177 Interest income 7,751 11,903 26,858 33,417 19,353 Dividend income - - - - - Net foreign exchange gain 189,361 106,540 - - 421,121 Negative goodwill - - 3,123,838 3,123,838 - Other income 64,293 51,501 122,358 252,914 65,283 Total revenues 19,021,356 32,515,324 56,604,897 79,378,499 59,577,934 Expenses: Cost of sale of goods 16,563,840 28,766,466 48,178,261 70,829,568 49,612,914 Selling and administrative expenses 1,109,485 1,700,733 2,972,518 3,886,287 3,820,992 Year Ended 31 December, Nine Months (1) Ended 30 2006 2007 2008 2008 (Pro Forma) (2) September, 2009 (Baht (Baht (Baht (Baht thousand) (Baht thousand) thousand) thousand) thousand) Loss on disposal of subsidiary - - 287,202 287,202 - Net foreign exchange loss - - 523,765 602,749 - Management Remuneration - - - - 29,711 Total expenses 17,673,326 30,467,199 51,961,746 75,605,807 53,463,617 Profit before interest and income tax expenses 1,348,031 2,048,126 4,643,152 3,772,693 6,114,317 Interest expense 319,616 628,169 1,467,460 2,306,438 1,248,528 Income tax expense 12,905 9,944 52,641 52,641 411,217 Profit after tax 1,015,510 1,410,012 3,123,050 1,413,614 4,454,572 Equity holders of the parent 684,130 908,771 2,656,296 1,359,835 3,445,708 Minority interests 331,380 501,241 466,754 53,779 1,008,864 Net profit (3) 1,015,510 1,410,012 3,123,050 1,413,614 4,454,572 Earnings per share (4) - basic 17.10 22.72 16.51 8.45 1.03 (1) Net profit for the year ended 2006 including financial performance of Indorama Holding, Ltd. which is under common control, as if the Company has invested in Indorama Holding Ltd. since 1 January 2009. However, the Company invested 94.57 percent in Indorama Holding Ltd. in September 2009. Therefore, if the Company includes financial performance of Indorama Holding Ltd. in the Company consolidated financial statement, the net profit will decrease amounting to Bt 179.01 million (2) Net profit for the year ended 2008 including financial performance of Indorama Holding, Ltd. which is under common control, as if the Company has invested in Indorama Holding Ltd. since 1 January 2008. (3) Net profit attributable to equity holders of the Company (4) Calculated based on 40,000,000 shares in 2006, 40,000,000 shares in 2007, 160,914,415 shares in 2008, and 3,351,543,910 shares in the nine months ended September 30, 2009. Cash Flow Statements Nine Months Year Ended 31 December, Ended 30 September, 2009 2006 2007 2008 (Baht (Baht (Baht (Baht thousand) thousand) thousand) thousand) Net cash provided by operating activities 1,574,252 1,902,267 2,420,775 7,381,050 Net cash used in investing activities (5,287,513) (2,128,826) (18,298,306) (2,776,187) Net cash (used in) provided by financing activities 3,502,269 402,848 16,775,227 (4,196,178) Net increase (decrease) in cash and cash equivalents (210,992) 176,288 897,696 408,685 Cash and cash equivalents at end of period 90,518 281,654 1,179,241 1,578,171 Prepared by Bualuang Securities Public Company Limited