to 26.69% of the total number of investment units issued and sold of CPNRF). In addition, the tax incentive of CPNRF unitholders for the personal income tax exemption and the tax incentives of a

Exchange Commission No. SorThor. 49/2549 Re: Rules on Exemption from Appointment of Independent Director of Securities Companies -------------------------------- By virtue of (1) The second paragraph of

of the Office of the Securities and Exchange Commission No. SorThor. 49/2549 Re: Rules on Exemption from Appointment of Independent Director of Securities Companies -------------------------------- By

that this English translation is strictly for reference. _____________ Notification of the Securities and Exchange Commission No. Kor Jor. 18/2551 Re: Exemption from Filing of the Registration Statement

exemption has been granted by the SEC; (4) being a director, a manager or a person with power of management of any other securities company; (5) having been removed from a position of chairman, director or

of decorating or facilitating users of the building and structures on the parts of the project which will be invested in by CPNREIT, which are located on and/or fixed on the exterior or in the interior

exempt from preparing and filing reports for all categories, except report of clients’ assets as prescribed in Clause 3(3), commencing from the month in which the business operation ceases. Such exemption

filing reports for all categories, commencing from the month in which the business operation ceases or is suspended and such securities company must not have any pending report. Such exemption shall desist

reports for all categories, commencing from the month in which the business operation ceases or is suspended and such securities company must not have any pending report. Such exemption shall desist when

securities company shall have the following qualifications: (1) Having academic qualification and work experience in accordance with the following rules, except being granted an exemption by the Office: (a) In