28 พฤษภาคม 2552

No. TT/IM 295/2009 May 29, 2009 Subject Notification of the Amendment of the Fund Scheme of CPN Retail Growth Property Fund To The President The Stock Exchange of Thailand With reference to the unitholders' meeting of CPN Retail Growth Property Fund (the "Fund") arranged by TMB Asset Management Company Limited (the "Management Company") as the fund manager of the Fund for the capital increase which was approved on August 19, 2008, due to unfavorable investment condition, the Fund could not raise capital and the Management Company which submitted the fund scheme to the Office of Securities and Exchange Commission (the "Office of the SEC") had to cancel the fund scheme in part of the amendment for the capital increase but remained other amendment parts which were approved by the unitholders' meeting which mentioned above. In this regard, the Management Company would like to inform the unitholders that the Office of the SEC has approved the amendment of the fund scheme of CPN Retail Growth Property Fund on May 22, 2009 which can be summarized as follows. 1. To amend the fund scheme as per unitholders' resolution on 19 August 2008 1.1 To comply with the Notification of the SEC No. SorNor. 11/2550, other notifications and guidance from the Office of the SEC as follows. - Name of the Fund amended to "CPN Retail Growth Leasehold Property Fund" - Definitions of selling agents and related persons, together with amendment of related parts - Investment criteria - Restrictions on unitholdings - Capital increase and capital decrease of the Fund - Calculation method, schedule of calculation and announcement of net asset value and unit value - Preparation of report to the Office of SEC and unitholders - Appraisal of assets and review of appraisal of assets - Terms, policy and procedures for paying dividends to unitholders - Rights and benefits of unitholders - Amendment of the project or the management procedures - Dissolution of the project - Procedures upon dissolution of the project 1.2 To cancel the documents of right in Investment Units in the form of Passbook evidencing the right in Investment Units in order to increase efficiency in facilitating the unitholders 1.3 To amend on the borrowing in order to allow the Fund to seek source of funds other than capital increase as per the Notification of the SEC No. KorNor. 30/2547 2. To amend the fund scheme on Details of investment policy in order to update information 3. To amend the fund scheme as per unitholders' resolution on 15 January 2009 in order to comply with the amendments to the relevant notification of the SEC and the current operation of the Fund - The composition of the Investment Committee - Additional Conditions in case of Arrangement of Unitholders' Meeting Please be informed accordingly. Yours faithfully, Phiphat Phisunuwongrak Authorized Signatory 1