FUTURE PARK Property Fund continues its strong performance with 9.85% Cash Dividend

ข่าวทั่วไป Friday September 14, 2007 09:56 —PRESS RELEASE LOCAL

Bangkok--14 Sep--JWT Public Relations FUTURE PARK Property Fund "FUTUREPF" continues to strengthen with 9.85% cash dividend. The retail industry for the second half of the year is expected to be lively, as the plaza plans to renovate the fashion zone to attract new shop rentals. The company is confident that the property fund will continue to experience strong growth. Ms. Pimpaka Wanglee, Chief Executive Officer of Rangsit Plaza Co.Ltd., operator of Future Park Rangsit shopping complex said "FUTURE PARK property fund (FUTUREPF) has strong growth potential, resulting from the downward trend in domestic interest rates since the beginning of this year, in addition to FUTUREPF high earning performance for the last two quarters compared to other property funds, with 9.85% cash dividend. Moreover, the retail industry is expected to experience 2-5% growth, due to several factors, for example, the improving political situation and the up-coming General Elections at the end of this year, as well as, the government's policies to stimulate economic growth and increase consumer confidence and increase spending in the retail industry. Recently, Future Park Rangsit Shopping Plaza organized promotional sales activities which focused on product grouping in a form of zoning and monthly marketing promotional campaigns that placed importance on customer's behaviors and lifestyles. All of which are aims to increase consumer spending in the plaza. We have received overwhelming interest from the consumers. As a result from this success, the plaza achieved 20% sales growth and an increased average consumer traffic of 8% from the targeted 10% for 2007. The plaza continues to adjust itself, aligning with the present situation and to effectively respond to retail shop rental and customers, for example, renovation and expansion of the Fashion Zone located on the 3rd floor, so that it becomes more modern, expanding retail rental space and improving the plaza's facilities, with the aim of customer service excellence to respond to customers’ lifestyles. Furthermore, the plaza also provides an opportunity for business partners within the plaza, organizations or associations, to rent the facilities for activities or joint activities and other joint sales promotional activities with the plaza. All intended to increase consumer traffic and spending. Currently, customer traffic is 130,000 persons per day on an average; Monday-Friday about 120,000 persons and on weekends 140,000 persons. The FUTUREPF has recorded growth, in line with the market and continuous development of the shopping plaza business. These helped increase the property fund's 2nd quarter operating performance in 2007. The fund operating performance for the 3rd quarter is expected to achieve the target. The FUTUREPF is amongst the property funds that deliver high earning performance, with the 2nd dividend payment, April 1 - June 30th 2007, of 9.85%. That is an increase from the 1st dividend payment of 9.65%. FUTUREPF continues to experience growth in rental revenue, together with lower risk in the retail industry, making FUTUREPF more attractive for investors. For more information, please contact: Future Park Rangsit Public Relation Khun Pattra Mora and Khun Kwanjai Tangboung T. 02-958-0011 # 1162, 1886 JWT Public Relations, JWT (Thailand) Khun Porntip Wiriyakitpattana (Bee) T. 02-204-8210 M. 086-813-1981 Khun Prasit Kritsadaariyachon (Bob) T. 02-204-8216 M. 081-586-2813

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