right to redeem the bonds before the maturity dates. The SEC requires that the bondholders’ representatives analyze the benefits and shortcomings as well as the potential impacts on the bondholders

NAKON264A) to grant the issuer the right to redeem the bonds prior to the maturity dates (call option). The SEC requires that the bondholders’ representatives analyze the benefits and shortcomings as well as

the terms and conditions to grant the issuer the right to redeem the bonds prior to the maturity dates (call option). The SEC requires that the bondholders’ representatives analyze the benefits and

(UNOFFICIAL TRANSLATION) 4 (SEC Logo and contact information) 30 November 2016 Dear Managers: All securities companies All derivatives brokers No. SEC. Nor Por. (Wor) 30/2559 Re: Submission of Daily

(UNOFFICIAL TRANSLATION) (SEC Logo and contact information) 30 November 2016 Dear Managers: All securities companies All derivatives brokers No. SEC. Nor Por. (Wor) 30/2559 Re: Submission of Daily

(UNOFFICIAL TRANSLATION) (SEC Logo and contact information) 30 November 2016 Dear Managers: All securities companies All derivatives brokers No. SEC. Nor Por. (Wor) 30/2559 Re: Submission of Daily

this English translation is strictly for reference. Notification of the Securities and Exchange Commission No. Kor Thor. 66/2547 Re: Maintenance of Financial Position of Licensed Derivative Brokers

reference. Notification of the Securities and Exchange Commission No. Kor Thor. 66/2547 Re: Maintenance of Financial Position of Licensed Derivative Brokers __________________ By virtue of Section 9 and

Securities and Finance Businesses & Merger (section 90) |- Representatives Office of foreign securities companies (section 93) |- Holidays (section 110) |- Securities Registrar Business (section 222

90) |- Representatives Office of foreign securities companies (section 93) |- Holidays (section 110) |- Securities Registrar Business (section 222) |- Association Related to Securities Businesses