Bangkok--30 Apr--Krungthai Card Game on for two true Thai organizations : KTC and Thai Airways. with 4 exclusive credit cards in a row under VISA, MasterCard and JCB umbrellas. “KTC — Royal Orchid Plus credit cards” More privilege than ever: With free for life offer and rewards points with no expiry date Two genuine Thai heavyweight companies KTC and Thai Airways International are set to introduce their first joint credit cards for the Thai people. These credit cards will be pitched as being Thai by nature and thus more understanding of Thai needs, while not failing to meet international standards of service quality. A total of four credit cards of different characters will be made available: KTC - Royal Orchid Plus VISA Infinite, KTC -Royal Orchid Plus VISA Platinum, KTC - Royal Orchid Plus Titanium MasterCard and KTC -Royal Orchid Plus JCB, treating Thai people to a full range of travel privileges and discounts. The cards are superior to conventional credit cards in that annual fee is waived for life and reward points are more easily earned and without expiry for quicker mileage claim. Members spending will earn one reward point for every 20 Baht spent via any KTC -Royal Orchid Plus card. KTC - Royal Orchid Plus credit cards come complete with a full range of services and privileges by travel partners, DTAC, hotels, and car rental companies. More than 100,000 applicants are expected in the first year. Pongsathorn Siriyodhin, Chairman, “KTC” or Krungthai Card Public Company Limited, said “KTC is focused on being a membership company which offers the right privileges and products to suit the lifestyle of different member groups. The Thai credit card market still has the potential to growth exponentially, compared to countries where credit card market is fully mature. This is because only eighteen percent of Thai people have access to credit card at this time. The same is true for the Thai tourism industry which continues to grow continuously and ranks among the top of the list of all industries in terms of revenue generation. The lifestyles of Thai people are changing. More and more people are traveling domestically and internationally to spice up their life with new cultural flavors and experiences. There are also members of the business community who need to travel for conferences, seminars or site visits.” “We see an opportunity to facilitate the Thai people in this area and to help them use credit cards to their own benefit. This is why we are partnering with Thai Airways International —Thailand’s national airline with 48 years of experience in the industry and service quality of global standard. We are launching, with the cooperation of three major credit card houses VISA, MasterCard, and JCB four credit cards of pure Thai blood: KTC-Royal Orchid Plus VISA Infinite, KTC-Royal Orchid Plus VISA Platinum, KTC-Royal Orchid Plus Titanium MasterCard and KTC-Royal Orchid Plus JCB. Consumers now have the choices to pick the card which reflects their identity best.” “This is a historic moment indeed. Apart from being available under all major credit card brands, cardholders will benefit from non-expiring reward points which can be converted to Royal Orchid Plus miles more quickly and conveniently. And, of course, privileges and discounts on Thai Airways flight tickets and services will be extended to the cardholders. Suffice to say that KTC-Royal Orchid Plus credit cards pack more punch than any card you have ever seen.” Pandit Chanapai, Executive Vice President Commercial Department, Thai Airways International, said “Thai Airways International is truly pleased to work with KTC as they are Thailand’s leading financial institution and a Thai company with very large member base. KTC is also well known for the generosity of privileges they offer to their members. Thai Airways International and KTC share many similarities. Above all we are true Thai companies determined to maintain international standards. This joint introduction of KTC-Royal Orchid Plus credit cards will reinforce our individual strength and bring the greatest benefits to travelers and those why love flying TG.” Privileges to which holders of KTC-Royal Orchid Plus VISA Infinite, KTC-Royal Orchid Plus VISA Platinum, KTC-Royal Orchid Plus Titanium MasterCard and KTC-Royal Orchid Plus JCB are as follows: 1) One reward point for every 20 Baht spent via the card 2) Non-expiring reward points 3) Entry fee and annual fee waived for life 4) 10% discount on Royal Orchid travel packages to Japan (KTC-Royal Orchid Plus JCB credit card only) and 4% discount on domestic flight tickets at a number of travel agencies (World Explorer, Takerng Tour, ST Deluxe Tour, TV Air Booking Silom and Majestic Tour) 5) Up to 50% discount on “Best Available Rate” of participating hotels and car rental services (e.g. Imperial, Best Western, Centara and Kantary hotels and resorts, Sheraton Hua Hin, Avis and Master Car Rental) 6) 15% discount on international travel insurance with NZI from only 212 Baht for accident coverage of up to 1 Million Baht and emergency medical care expense coverage of up to 2 Million Baht 7) 15% discount on Samsonite products 8) Possibility of transferring reward points of supplement cards to the primary card Pongsathorn added “Application is easier compared to other cards offered in partnership with Thai Airways International. For KTC-Royal Orchid Plus Titanium MasterCard and KTC-Royal Orchid Plus JCB, you only need to have an income of 40,000 Baht per month. For those who have never had a KTC credit card before applying for any KTC-Royal Orchid Plus credit card from now until August 31st, 2008, they will be entitled to 5,000 KTC reward points when spending 20,000 Baht or more via the card within 45 days from the date of approval. Similarly, they will be entitled to 10,000 rewards points if they spend 100,000 Baht or more within the first four billing cycles from the date of approval. Cardholders who use a DTAC post-paid number will earn 500 Royal Orchid Plus miles when applying for the automatic international roaming and Roaming2Mile services. Extra 1,000 Royal Orchid Plus miles can also be earned when they choose to settle the bill for their DTAC post-paid number with the service of any KTC-Royal Orchid Plus credit card from now until December 31st, 2008. KTC-Royal Orchid Plus cardholder with spending of 480,000 Baht or more within the first four billing cycles from the date of approval will be awarded a special edition of Samsonite luggage worth 19,900 Baht. This offer is available to the first 48 members only. One 1,500 Baht cash coupon will also be awarded for the payment of Samsonite purchase with KTC-Royal Orchid Plus credit card.” “KTC and Thai Airways International hope that this joint introduction of credit cards will be an important move to bring Thai people closer to new experiences. The options and privileges offered should be most satisfying to travel-bound members. It should also be a pride of Thai people to use a credit card of true Thai genes. We expect more than 100,000 applicants in the first year. For more information, please call KTC Phone at 02-828-5000 or visit our web site at www.ktc.co.th.” , said Pongsathorn in conclusion. For more information: Public and Corporate Affairs Department Krungthai Card Public Company Limited Kandtharat Chermchitphong Tel. 02-828-5057 Suchada Weerasakulrak Tel. 02-828-5732 Nalin Charoensri Tel. 02-828-5047 Fax. 02-828-5046 E-mail: [email protected]