Pico (Thailand) Public Company Limited announced that at the board of directors held on January 15, 2016, it has approve to pay dividend from operating result for the year ended October 31, 2015 to shareholders of ordinary shares and preferred shares at the rate of THB 0.22 per share for ordinary shares of 215,294,559 shares and preferred shares of 330,000 shares, the total eligible shares of 215,624,559 shares at the totaling THB 47,437,403. The record date on which shareholders have the right to receive the dividend shall be February 1, 2016 and the share registration book closing date shall be on February 2, 2016 for gathering shareholders' names under the section 225 of the Securities and Exchange Act B.E. 2535. The payment of such dividend is scheduled to be made by March 18, 2016.

However, the right to receive the dividend is not confirmed until receiving an approval by the 2016 Annual General Meeting of shareholders.