2005. Notified this 23th Day of November 2004. Thirachai Phuvanatnaranubala (Mr. Thirachai Phuvanatnaranubala) Secretary-General The Office of the Securities and Exchange Commission Risk Disclosure
statement that contain the minimum aspect of disclosure as set out under the guideline attached hereto. (Translation) -2- Clause 3. This Notification shall come into force as from 1 April 2005. Notified this
as from 1 April 2005. Notified this 23th Day of November 2004. Thirachai Phuvanatnaranubala (Mr. Thirachai Phuvanatnaranubala) Secretary-General The Office of the Securities and Exchange Commission
thirty –days period. The Office may extend the consideration process as necessary. In case where the period of time as specified in the second paragraph expires but the Office has not yet notified or make
specified in the second paragraph expires but the Office has not yet notified or make any orders to derivatives broker, it shall be deemed that the Office grants an approval to such derivatives broker to use
necessary. In case where the period of time as specified in the second paragraph expires but the Office has not yet notified or made any orders to securities company. It shall be deemed that the Office grants
the period of time as specified in the second paragraph expires but the Office has not yet notified or made any orders to securities company. It shall be deemed that the Office grants permission to such
process as necessary. In case where the period of time as specified in the second paragraph expires but the Office has not yet notified or made any orders to securities company. It shall be deemed that the
notified the securities company in writing, the securities company shall undertake any steps to relieve such executive from being the executive of the securities company within necessary and justified period