Hong Kong, June 5 – LAWFUEL – Press Release Service – Shearman & S…

Hong Kong, June 5 - LAWFUEL - Press Release Service - Shearman & Sterling LLP represented Merrill Lynch and Morgan Stanley in the Rule 144A/Regulation S US$650 million initial public offering of Rayong Refinery Public Company Limited (RRC), one of Thailand's leading oil refiners and a wholly-owned unit of government-controlled oil and gas company PPT. This is one of the largest IPOs ever out of Thailand. The offering comprises approximately 1.4 billion shares to be listed on The Stock Exchange of Thailand including 699.5 million shares in the domestic public offering and 698 million shares in the international offering. The Shearman & Sterling team comprised Hong Kong capital markets partner Matthew Bersani, Singapore counsel Gail Ong, associates Su-Ann Cheah and Philip Yook and legal assistant Derek Perriam of the firm's Singapore office. The firm's Menlo Park office advised on tax matters in relation to this transaction. For additional information contact: Karen Chan | Marketing | Hong Kong | +852 2978 8017 | karen.chan@shearman.com | End | Notes to Editor Shearman & Sterling LLP has more than 1,000 lawyers in 19 cities throughout the world: Abu Dhabi, Beijing, Brussels, Düsseldorf, Frankfurt, Hong Kong, London, Mannheim, Menlo Park, Munich, New York, Paris, Rome, San Francisco, São Paulo, Singapore, Tokyo, Toronto, and Washington, D.C. The firm is a leader in mergers and acquisitions, capital markets, project development and finance, complex business litigation and international arbitration, asset management and tax. *********************************************************************** This communication is not intended to be used, and cannot be used, by the recipient or any other person for the purpose of avoiding United States federal tax penalties that may be imposed on the recipient or such other person. In addition, if any United States federal tax advice contained in this communication is used or referred to in promoting, marketing or recommending any corporation, partnership or other entity, investment plan, concept, structure or arrangement (which should be assumed to be the case by a recipient or other person who is not our client with respect to the subject matter of the communication), then (i) such tax advice should be construed as written to support the promotion or marketing of the transactions or matters addressed by the advice and (ii) the recipient or other person should seek advice based on the recipient or other person's particular circumstances from an independent tax advisor. For further information, please go to http://www.shearman.com/disclaimer/tax_disclosure.html *********************************************************************** This transmittal and/or attachments may be a confidential attorney-client communication or may otherwise be privileged or confidential. If you are not the intended recipient, you are hereby notified that you have received this transmittal in error; any review, dissemination, distribution or copying of this transmittal is strictly prohibited. If you have received this transmittal and/or attachments in error, please notify us immediately by reply or by telephone (call us collect at +1 212-848-8400) and immediately delete this message and all its attachments. Shearman & Sterling LLP is a limited liability partnership organized in the United States under the laws of the State of Delaware, which laws limit the personal liability of partners

Hong Kong, June 5 – LAWFUEL – Press Release Service – Shearman & S…

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