08 เมษายน 2554

No. JorTor. 11/540022 8 April 2011 Re: Notification of Resolutions of Unitholders of CPN Retail Growth Leasehold Property Fund No. 1/2011 To: The President The Stock Exchange of Thailand SCB Asset Management Company Limited (the "Management Company"), as the management company of CPN Retail Growth Leasehold Property Fund (the "Fund"), has circulated letter No. JorTor 11/540008 dated 11 March 2011, re: request for a resolution of unitholders of the Fund no.1/2011, for the unitholders of the Fund to consider the amendment to the scheme of the Fund regarding the treatment of dividends which cannot be distributed to unitholders who hold the units for more than permitted under the SEC regulation, and specified that the unitholders shall pass their resolutions by returning the voting form by 25 March 2011. The Management Company hereby notify that the unitholders have returned the voting form to the Registrar of the Fund in time with a total amount of 113,127,935 units, equivalent to 6.91 percent of the total investment units sold of the Fund (1,636,326,700 units). The results are as follow: , 1. Approval 99,535,192 units or 6.08%* 2. Disapproval 8,355,140 units or 0.51%* 3. Abstain 5,237,603 units or 0.32%* * Percentage is calculated on total investment units sold of the Fund As the number of units which approve the resolution is less than half of the number of units sold of the Fund, the resolution of the Fund is to disapprove the proposed amendment to the scheme of the Fund regarding the treatment of dividend which cannot be distributed to unitholders who hold the units for more than permitted under the SEC regulation. Nevertheless, clause 79/2(3) of the notification of the SEC shall be implemented regardless of the resolution obtained and the Management Company must comply accordingly. Therefore, should there be any dividend which cannot be distributed to unitholders, the Management Company shall create a separate account and part such dividend from other assets of the Fund and shall not include this sum into the calculation of the net asset value of the Fund until it is donated to the state or until the Fund is terminated in accordance with the aforementioned notice. The Management Company shall notify the Office of the SEC of the same resolutions of the unitholders of the Fund accordingly. Please be informed accordingly. Yours faithfully, SCB Asset Management Company Limited ( Mr.Methee Vinichbutr ) Senior Vice President, Property and Infrastructure Fund Group ______________________________________________________________________