21 May 2013

Ref. Jor Tor.3-540534 May 20, 2013 Subject: Amendments to the CPN Retail Growth Leasehold Property Fund (CPNRF) No.1/2013 To: The President of the Stock Exchange of Thailand Attachment: Summary of amendments to the CPN Retail Growth Leasehold Property Fund (CPNRF) No.1/2013 SCB Asset Management Co., Ltd. ("the Management Company"), as the management company of the CPN Retail Growth Leasehold Property Fund (CPNRF), would like to inform you that on May 14, 2013, the CPNRF has been received an approval by the office of Securities and Exchange Commission ("SEC") to amend Investment Criteria of the fund project in accordance with the Notification of the Office of SEC No. Sor Nor.25/2552 Re: Rules, Conditions and Procedures for Establishment and Management of Property Funds dated 28 July 2009 as attachment in here with. Please note that these amendments are in compliance with the standards as announced by the SEC and do not in any way affect the rights and benefits of the fund's unitholders. For more information please visit www.scbam.com or call SCBAM's customer service at 0-2777-7777 and press 0 then 6 during 08.30 - 17.00. Please be informed accordingly. Sincerely yours, SCB Asset Management Co., Ltd. (Mrs. Narudee Chanchamcharat) Executive Vice President for President Attachment Summary of amendments to the Fund Management Project of CPN Retail Growth Leasehold Property Fund (CPNRF) No.1/2013 Item Existing Fund Scheme Revised Fund Scheme (after SEC's approval) Remark Item 4. Investment Criteria under Special Conditions section of Investment or procurement of benefits from properties None Additional conditions Furthermore, the management company will not seek for benefits from properties by renting them out to the property owner or persons in the same group, except for the events as follows: (1) To rent out the properties considered as insignificant area at Arm's Length transactions which have been stipulated in the fund project. (2) To rent out the properties that the Fund had invested before September 16, 2011. In the event that the management company would like to rent out the properties that considered as insignificant area at Arm's Length transactions in a manner mentioned above. The management company will able to rent out the said area in a portion of not exceed one-third of each invested properties (Gross Area of each invested properties). In addition, the management company must obtain an approved from the trustee of the Fund before proceeding. Modification in accordance with the Notification of the Office of SEC No. Sor Nor 25/2552. Re: Rules, Conditions and Procedures for Establishment and Management of Property Fund ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.