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Thailand Securities Depository Serves Vayupak Fund I

Date 07/11/2003

The Ministry of Finance granted the unit allocation and registrar work relating to Vayupak Fund I to Thailand Securities Depository Co., Ltd. (TSD)

The President of the Stock Exchange of Thailand (SET), Mr. Kittiratt Na-Ranong, as the Vice Chairman of TSD, disclosed after the signing ceremony today (7 Nov. 2003) that the Thailand Securities Depository Co., Ltd. (TSD) has been honored with the responsibility to provide services to the Vayupak Fund I for the Ministry of Finance. This includes services on investment unit allocations demanded in excess of those allotted to the five commercials banks which act as the Fund's selling agents. In addition to this, the TSD will also be the registrar of the Vayupak Fund I to be sold to retail investors on 11-19 November 2003.

"The Ministry of Finance trusts the TSD since it is prepared to serve and has expertise in registrar services. The Vayupak Fund I is very large in size and comprises a large number of unit holders, hence it requires and deserves to have a service agent with a fully developed management system and expert personnel at a reasonable costs," Mr. Kittiratt said.

The SET President went on to say that: "The services the TSD will be providing to Vayupak Fund I are investment unit allocation and securities registrar. The job will involve issuing investment unit certificates, maintaining and updating data on unit holders, paying dividends, delivering the annual report, providing services on unit transfers, detentions, pawning, splitting, as well as altering data. Moreover, the TSD will provide registrar services for trading in the secondary market, unit redemption at maturity, report production for relevant organizations, and providing information through its Call Center and website at www.tsd.co.th."

For more information about issuing unit certificates, getting advance payments refunded in case of non-allotment, dividend payments, unit transfers, and other related services after the allotment, please contact the TSD Call Center at Tel: 0 2229-2888 at 08:30 - 17:00 hours every business day (Mon.-Fri.).