No. SorThor. 23/2549 Re: Calculation and Report of Net Liquid Capital Calculation dated 8 May 2006 shall be repealed and replaced with Part 3, Page 1 to Page 3 of the Form attached hereto. Clause 2

and Section 34(2) of the Derivatives Act B.E. 2546 (2003), the Securities and Exchange Commission hereby issues the following regulations: Clause 1. In this notification hereto: (1) “derivatives broker

the financial statements of the latest accounting year. (please use the table attached hereto). 11. In the case where the applicant has affixed signature in giving opinions on the auditing for less than

company shall prepare financial statements as prescribed in the forms and explanations as attached hereto. Clause 4/1 In the case of a securities company in Clause 4 which obtains a securities business

website. “I/We have duly examined the information contained in this registration statement and enclosures hereto. I/We hereby certify that all of the aforementioned documents contain the information which

statement and enclosures hereto. I/We hereby certify that all of the aforementioned documents contain the information which is correct, accurate, and complete in all respects. I/We also certify further that

Registration Statement and the Update Statements above. “I/We have duly examined the information contained in this registration statement and enclosures hereto. I/We hereby certify that all of the aforementioned

_____________________________________________________________________ I/We have duly examined the information contained in this application form hereto and declare that to the best of our knowledge and belief all information given in this application form and the

must prepare a risk disclosure statement that contain the minimum aspect of disclosure as set out under the guideline attached hereto. Clause 3. This Notification shall come into force as from 1 April

. 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