undertake any responsibility for its accuracy, nor be held liable for any loss or damages arising from or related to its use. ------------------------- Notification of the Office of the Securities and

  (3) Notification of the Capital Market Supervisory Board No. Tor Thor. 31/2568 Re: Standards of Business Operations, Management Structures, Work Systems and Service Provision of Securities Companies

TRANSLATED VERSION As of January 15, 2015 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the

Provision __________ Clause 23 Any branch offices and oversea representative office of the intermediary, which have been established lawfully before this Notification comes into force, they are deemed to be

Provision __________ Clause 23 Any branch offices and oversea representative office of the intermediary, which have been established lawfully before this Notification comes into force, they are deemed to be

Provision __________ Clause 23 Any branch offices and oversea representative office of the intermediary, which have been established lawfully before this Notification comes into force, they are deemed to be

Unofficial Translation Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the Capital Market

responsibility for its accuracy, nor be held liable for any loss or damages arising from or related to its use. ----------------------------- Notification of the Capital Market Supervisory Board No. TorThor. 2

, any provision which may in any manner give rise to a conflict of interest between customers and the management company as well as related persons as specified in the notification of the Office shall be

any responsibility for its accuracy, nor be held liable for any loss or damages arising from or related to its use. Notification of the Office of the Securities and Exchange Commission SorThor. 42/2540