?Bangkok, August 4, 2014 ? The SEC will allow commercial banks to offer for sale to retail investors, Basel III tier 2 instruments with condition of conversion to equity and specified floor

conversion of all CDs offered, either fixed or expected number of shares calculated from conversion prices; 2) assumption on future share prices together with opinion of board of directors and FA if the

number of shares reserved for conversion of all debentures offered, assumption on estimation of the conversion price, if set as a formula calculable on future price of shares, opinion of board of directors

will not be compromised. Proposed revisions are as follows: 1. In case where a company issued convertible debentures with conversion price tying to future market price of shares and subsequent decline of

by specifying conversion price considered as offering new shares at lower market price; (10) “offering new shares at lower market price” means an offer for sale of newly issued shares having the

an additional offer, i.e. prior to the implementation of the debt to equity conversion scheme, ACO I will make an additional Trade Debt reduction (i.e. a haircut) by waiver of the interest of USD

THB 123,675,151.37) 5. Following further negotiations with ACO I, ACO I made an additional offer, i.e. prior to the implementation of the debt to equity conversion scheme, ACO I will make an additional

Increase Report Form (F 53-4) 4. Summary of Key Terms and Conditions of the Offering and Allocation of the Newly Issued Convertible Debenture and the Conversion Right of Hydrotek Public Company Limited to

Form (F 53-4) 4. Summary of Key Terms and Conditions of the Offering and Allocation of the Newly Issued Convertible Debenture and the Conversion Right of Hydrotek Public Company Limited to the Specific

Equity Conversion Debt”). 4. ACO I agreed to reduce a part of the outstanding Trade Debt (i.e. a haircut) by waiver of the outstanding interest of USD 95,377,980, or equivalent to THB 3,291,419,906.931. As