specified by the Office and may also require an explanation to elaborate or clarify such reports or documents in accordance with the rules and required as specified in the notification of the SEC. The reports

also comply with the explanation attached hereto. Clause 4. In the case where the securities company desires to submit a financial statement under Clause 3 to the Office in the form of electronic data

. Page 3, Page 5, Page 6, Page 17, Page 27, Page 29, Page 30, Page 33, Page 42, Page 45, Page 49, and Page 53 of the explanation to the calculation of Net Liquid Capital according to the Form BorLor. 4/1

an investment advisory company; (2) a company of which an investment advisory company holds shares of twenty percent or more of all voting right share; (3) a company having a shareholder who holds

In case of the death of independent director, resign or terminate by the SEC office or where Derivatives broker is a part of financial conglomerate which has share holding structure, examination of

. 10) dated 29 November 2005. Clause 2. In this notification hereto: (1) “report of net liquid capital calculation” means report of net liquid capital calculation in the form and explanation for

explanation in person or submit further documents as seen appropriate within a specified period of time. In such case, the period from the date on which the SEC Office gives such instruction to the date on

to trading, the Client should obtain from his/her derivatives agent clear explanation of all fees and other charges for which it will be liable relating to trading, settlement or exercise of options

communicating with and providing services to clients corresponding to each type of capital market products or services; (d) providing sufficient information and explanation regarding risks of capital market

........ Year ............. Year ............. Year ............ Total assets Total liabilities Shareholders’ equity Total income Cost Net profits Earnings per share (EPS) Debt/equity ratio (D/E ratio) Return on