posco THAINOX

4 January 2017

Re : Invitation to propose agenda items of AGM 2017 and to nominate a candidate to be elected as Director of the Company

To : Director and Manager

The Stock Exchange of Thailand

We, POSCO-Thainox Public Company Limited (the "Company"),. realize the importance of the right of shareholders to be equally treated in accordance with recommended best practices per "The Principles of Good Corporate Governance for Listed Companies". It has been recommended that the Company should open doors to facilitate minority shareholders to propose agenda items and to nominate a qualified person to be elected as Director in advance for the Annual General Shareholders' Meeting ("AGM"). The Company has decided to implement this recommendation for the upcoming AGM and accordingly, the Board of Directors has established the criteria and procedures to implement this practice to allow minority shareholders to propose agenda items for the upcoming AGM and to nominate a qualified person to be elected as Director.

Shareholders can propose agenda items as well as nominate a candidate to be elected as Director in the upcoming AGM (expected to be held in April 2017) from now onwards until February 6, 2017 to reach the Company. The criteria and procedures for shareholders to propose agenda items and for nomination of candidates to be elected as a Director are provided on the Company's website athttp://www .poscothainox.com/investor

Pleased be informed accordingly .

Sincerely Yours,

(Mr.Yeong Hwan Han) Director

POSCO-Thainox Public Company Limited

Head Office :

31/F Unit 3101-3 CRC Tower, All Seasons Place,

87/2 Wireless Road, Lumpini, Pathumwan, Bangkok 10330, Thailand Tel. :+66 (0) 2250 7622-32 Fax. :+66 (0) 2250 7633

Rayong Plant :

324 Moo 8, Highway No. 3191 Road,Tambol Mabkha, Amphor Nikompattana, Rayong 21180,Thailand

Tel. : +66 (038) 636 125-32 Fax.: +66 (038) 636 099

www.poscothaIDox.com Registration No. 01075470004 19

POSCO-Thainox pcl published this content on 04 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 January 2017 10:47:06 UTC.

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