and Exchange Commission No. SorKhor/Nor. 37/2550 Re: Relaxation on Calculation and Announcement of Net Asset Value of Mutual Funds Investing in Equity Instruments Issued by PTT Public Company Limited By

, Conditions and Procedures for Brokerage and Dealing of Securities That Are Not Debt Instruments dated 26 September 2000; “Notification No. KorThor. 43/2543” means the Notification of the Securities and

. ------------------------------- Notification of the Securities and Exchange Commission No. KorThor. 42/2543 Re: Rules, Conditions and Procedures for Securities Brokerage and Securities Dealing which are not Debt Instruments By virtue of

collateral to the borrower when the borrower returns the securities to the lender; (b) in returning the securities lent and the securities or debt instruments used as collateral, the counterparties has to use

securities to the lender; (b) in returning the securities lent and the securities or debt instruments used as collateral, the counterparties has to use fungible asset for such returning; (c) in cases where a

..) Liabilities 12. Borrowings 13. Securities sold under repurchase agreements 14. Payable to Clearing House 15. Securities business payable and derivatives business payables 16. Debentures and debt instruments 17

particular time; (5) Investment in financial instruments/contracts which are legal under the concerned laws; (6) All expenses chargeable to the fund should serve the purpose of fund operation; (7) Every

the responsible person of such scheme. “ credit rating ” means the credit rating by a credit rating agency accepted by the SEC Office which estimates the capability to make repayment under instruments

of capital market products or [ii] the decision for investment on behalf of the client (front running); (2) using investment analysis data, prepared by itself or received for distribution, in favor of

คืนผลตอบแทนโดยอ้างอิงกับตัวแปร (embedded derivative instruments) มากขึ้น นั้น สำนักงานขอเรียนว่า เพื่อประโยชน์ในการติดตามการคำนวณมูลค่ายุติธรรมของทรัพย์สิน ดังกล่าว และการบริหารความเสี่ยงในการลงทุนของ