Submission of F/S and Explanation for Profit Change

Translation 7 August 2008 Subject : Submission of Financial Statements for the quarter 2/2008 To : Director and Manager Stock Exchange of Thailand Enclosed please find the Interim Consolidated and Company Financial Statements of Siam Makro Public Company Limited for the second quarter ended June 30, 2008 which have been reviewed by the certified public accountant. Revenues For the second quarter of 2008, the Company achieved Baht 18,854 million consolidated revenues, 24.3% increased over the same period last year. The growth was mainly contributed by 30 same stores sales, additional sales from 11 new stores opened last year and gain from disposition of shares in Makro Office Centre Co., Ltd. on June 1, 2008. Selling and Administrative Expenses Consolidated selling and administrative expenses were Baht 1,165 million, equivalent to 6.2% of total revenues. An increase of 22.9% over the same quarter last year was due mainly to the additional operating cost of new stores. Net Profit Net profit after tax was Baht 432 million, up 53.2% from the same period last year. The increase of net profit was due mainly to the increased revenues, effective management of operating cost and gain from disposition of shares in Makro Office Centre Co., Ltd. Please be informed accordingly. Yours faithfully, Siam Makro Public Company Limited Signature (Mrs. Saowaluck Thithapant) Director and Finance Director