of Mutual Funds and Private Funds, dated 10 June 2004, including all applicable notifications of the Office, orders and circular letters issued under or providing guidelines for compliance with the

of Mutual Funds and Private Funds, dated 10 June 2004, including all applicable notifications of the Office, orders and circular letters issued under or providing guidelines for compliance with the

Office under this Notification. Clause 19. All notifications, orders and circular letters issued under or providing guidelines for compliance with the Notification of the Office of the Securities and

Office shall be the approval date granted by the Office under this Notification. (Translation) 8 Clause 19. All notifications, orders and circular letters issued under or providing guidelines for

Office shall be the approval date granted by the Office under this Notification. (Translation) 8 Clause 19. All notifications, orders and circular letters issued under or providing guidelines for

letters issued under or providing guidelines for compliance with the Notification of the Office of the Securities and Exchange Commission No. SorNor. 27/2550 Re: Rules, Conditions and Procedures for

Office under this Notification. Clause 20. All orders and circular letters issued under or providing guidelines for compliance with the Notification of the Office of the Securities and Exchange Commission

6,856 5,800 5.9% 25.2% Guarantees of loans 28,774 30,577 32,236 (5.9)% (10.7)% Liability under unmatured import bills 20,510 22,278 19,041 (7.9)% 7.7% Letters of credit 27,006 32,500 35,822 (16.9)% (24.6

complaint unit; (10) demonstration of the following statements in a rectangle with the letters of not smaller in size than the size of letters of general content: “Securities investment may encounter both

, Clause 12, and Clause 14 shall apply to a related securities company mutatis mutandis . Clause 17 All notifications of the Office of the Securities and Exchange Commission, orders and circular letters