Stock Exchange of Thailand Board Of Governors Confirms Trading Fee Structure For Member Firms

Mr. Vicharat Vichit-Vadakan, President, the Stock Exchange of Thailand, announced that the SET Board of Governors has confirmed the fee structure for member firm trading. This followed the monthly meeting of the Board wherein they resolved to confirm the fee structure of the Trading Fee for member firms. This fee adjustment, as announced in the resolutions of the Board's monthly meeting on December 20, 2000, will help member brokerage firms lessen their expense burdens in the current market situation, and will encourage greater activity in their business operations.

A summary of this new Trading Fee structure is illustrated below:

If the daily average turnover is equal to or more than 5,000 million baht the securities trading fee is 0.005% of the trading value. If the daily average turnover is between 4,000 and 5,000 million baht the securities trading fee is 0.004% of the trading value. If the daily average turnover is less than 4,000 million baht the securities trading fee is 0.003% of the trading value. Member firms with monthly trading value exceeding 13,500 million baht will get a fee reduction of 20% from normal rate.

The above fee rate will be effective for a period of one year, starting January 1, 2001.