Bangkok--6 Nov--SET The Stock Exchange of Thailand (SET)’s Board of Governors has issued a special rule to expedite listing applications. The initiative, which is effective from November 5, 2007, follows with an earlier royal decree, amending the Revenue Code to allow a tax reduction to those firms filing their listing applications by end-2007. Consequently, public companies and limited firms in the process of, or having a board resolution to, convert to public company status are now eligible for tax privileges. Interested firms must have a financial advisor to endorse their primary qualifications and apply while these special conditions are in force — until December 31, 2007. The tax privileges are reduction in corporate income tax of 5% for firms listing on SET and 10% for those applying to mai. Firms must convert to public company status, meet SET’s listing rules and commence trading by December 31, 2008. “This initiative will attract more new listings this year. The tax privileges will last for three accounting periods for companies applying to list by end-2007 and successfully listed by end-2008,” SET President Ms. Patareeya Benjapolchai said. SET will begin considering listing qualifications immediately an application and related documents are received, and after the company has filed an application with, and obtained approval from, the Securities and Exchange Commission. Firms interested in submitting a listing application are advised to visit www.set.or.th or www.mai.or.th for more details. To consult with SET staff, please call 08-1906-8721, or email [email protected] or [email protected] For more information, please contact the Corporate Communications Dept.: Ladawan Kantawong Tel: 0-2229-2036 / Sarinluck Jitkawong Tel: 0-2229-2037 / Nattaporn Boonprapa Tel: 0-2229-2049 / Watsamon Saowakhonsathien Tel: 0-2229-2797