We, Agr Bangkok Ltd., having our registered office at 38/1 Latprao 101 Road, Yaek 38,Klong Chan Bang Kapi, Bangkok 10240 Thailand, hereby confirm that for the financial year commencing on 1st April 2014 and ending on 31st March 2015, we do not have any Permanent Establishment in India, within the meaning of the provisions contained in Article 5 of the DTAA entered into between the Government of India and the Government of Thailand.