Property Perfect to list in Property and Construction Group in March

ข่าวหุ้น-การเงิน Wednesday March 19, 2008 11:44 —PRESS RELEASE LOCAL

Bangkok--19 Mar--SET Property Perfect Fund’s securities will commence trading in the Property Development Sector of the Property and Construction Group, using “PFFUND” as its trading symbol on March 20, SET Senior Vice President-Listing and Investor Marketing Center Kengkla Ruckphaopunt said. The fund has a total value of THB 520 million, consisting of 52 million investment units, with a par value of THB 10 each. At its initial public offering (IPO) on February 12 - 22, One Asset Management Ltd., which is PFFUND’s fund manager, offered all investment units to the general public at THB 10 each. PFFUND is a closed-end specified property fund with an indefinite life. Initially, the company will invest in land and two-storey residential houses built by Property Perfect PCL worth THB 510 million or 98.03% of total fund asset (as of Feb. 29, 2008). These include units in Perfect Masterpiece Ekamai-Ramindra and Perfect Place Ramkhamhaeng-Suvarnnabhumi Projects. In the future PFFUND may invest mainly in residential freehold or leasehold rights located in the greater Bangkok area. The firm may also consider investing in commercial buildings including offices, factories and resorts located in and around Bangkok and potential tourist areas. When the fund shows a net profit or retained earnings, the company will consider paying a dividend to its unit holders no more than twice each accounting period, totaling 90% or more of the year’s net profit. PFFUND’s major shareholders are Government Savings Bank PCL, Registered Provident Fund of the Metropolitan Electricity Authority and Advance Finance PCL, which hold stakes of 28.85%, 9.62% and 9.62% respectively. For more information on PFFUND, please visit the firm’s website at www.pf.co.th, SET’s website at www.set.or.th or SETTRADE.Com’s website at www.settrade.com 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

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