Thai and foreign companies. Holding company business will thus have a greater opportunity to grow and become another channel of diversified investment for those who wish to own several local and/or

Committee of PTT Exploration and Production Plc., board member of the National Economic and Social Development, member of Insurance Commission, board member of Thai Smile Airways Co., Ltd., member of the

Annual Report 2010 ANN UAL REPORT 2010 SECURITIES AND EXCHANGE COMMISSION, THAILAND ASEAN ECONOMIC COM MUN ITY Vision S = Setting High Standard E = Ethical C = Committed Pro = Professional Mission

increase efficiency and enhance competitiveness. Steps to be taken involve: demutualizing the SET, transforming it into a public limited company, separating exchange business (Exchange Company: EXCO) from