Bangkok--18 Jun--JWT Public Relations MFC announces that the company’s operating performance for the first five months of this year is in line with the growth target planned, with a total net asset value of Bt228,512 million as at the end of May 2008. The company is set to launch at least two new funds every month in a bid to offer an all-encompassing range of investment options for every group of investors. Dr. Pichit Akrathit, President of MFC Asset Management Public Company Limited (MFC), recalled that MFC has set a goal to become the region’s leader in wealth management with excellent services and achieve a two-fold growth with total net asset value (NAV) of Bt450,000 million by year 2012. In the meantime, with economic impact on the financial and capital markets taken into consideration, the company has set a goal in NAV for this year to grow to Bt240,000 million. The performance of MFC from January until May 2008 has already witnessed a growth in total NAV to Bt228,512.70 million as of May 31, 2008, which is a year-on-year growth of 12.61% compared to Bt202,918.11 million in May 2007 and a year-to-date growth of 4.41% compared to Bt218,857.20 million recorded in December 2007. As of May 30, 2008, the NAV of mutual funds managed by MFC totaled Bt152,457.92 million, an increase of 4.28% compared to Bt146,186.59 million in December 2007. Total NAV of MFC-managed provident funds rose 5.77% to Bt54,730.75 million, from Bt51,742.13 million achieved in December 2007. Meanwhile, NAV of private funds managed by the company experienced a growth of 1.9% from the level of Bt20,928.48 million in December 2007 to Bt21,324.03 million in May this year. MFC has already launched 8 funds since the beginning of the year and mobilized Bt12,187 million combined. The 8 funds launched recently comprise 2 foreign investment funds (FIFs), 4 lifestyle-oriented funds, 1 fixed-income fund, and 1 flexible portfolio fund. The foreign investment funds launched this year are I-ASIA INFRA fund, which is a feeder fund for of INVESCO Asia Infrastructure Fund-C Share Class that invests in Asia-Pacific ex-Japan stocks, particularly infrastructure-related companies, and I-MSI fund that invests in debt instruments issued by South Korean government and state enterprises. The 4 funds launched under MFC Smart Wealth Solution Family offer 4 styles of investment in which investors are given the possibility to specify their desired return on their investment within their specified period of time and affordable risk by using quantitative analysis tool. These funds are The Smart Collector fund, The Smart Enhancer fund, The Smart Adventurer fund, and The Smart Maximizer fund. The fixed-income fund that has already been launched by MFC this year is the 6-month maturity MK62 fund that invests in onshore and offshore debts securities with low risk and attractive return. The flexible portfolio fund introduced by MFC earlier this year is M-GSB, which is a five-year maturity fund launched in collaboration with the Government Savings Bank (GSB). The fund invests mainly in equity securities held by GSB in the initial stage, with the rest of the fund to be invested in debt and hybrid securities, as well as other promising securities and assets. As for property fund, MFC has launched Bt1,075-million Multi-National Residence Fund (MNRF) that invests in properties within international residential communities, including condominium and single-house projects on Chaengwattana Road and another single-house project in the Eastern Seaboard, Chonburi. The fund has a policy to pay dividends no more than four times a year at a minimum rate of 90% of its net profit. MNRF will seek listing on the Stock Exchange of Thailand on June 19. In June this year, two funds will be launched. Firstly, MFC PRO10 Premium will be introduced as a 10% target fund that offers the opportunity to make profit whether the stock market sentiment is weak or strong by investing in derivatives on SET50 Index Futures. The launch of PRO10 Premium will be followed by M-GOV7S1, which is a fixed-income fund that invests in promissory notes issued by the Ministry of Finance and bonds issued by the government and the Bank of Thailand. Moreover, MFC has about 12 other funds on slate to be launched in the second half of this year — an average of 2 funds each month. They will comprise 3-6 fixed-income funds, 3-6 foreign investment funds, 3-6 equity funds, and 2-3 property funds. In part of provident funds, MFC plans to tap more into private sector. In the meantime, the company will also expand its target groups for private funds. An expansion in the team of Private Wealth and Private Banking has already started. In addition, MFC Energy Fund will be investing in 2 more alternative energy projects in the third quarter of this year while the 2-3 property funds expected to be set up this year will include investment in properties that are hotels, warehouses, or office buildings both in Bangkok and the provinces. The funds will be worth approximately Bt4,000 — Bt5,000 in total. There is risk associated with investment; investors should carefully study information before making the decision to invest. For more information please contact Khun Sutasikar Khurat, Khun Suwanna Chewanantachai MFC Asset Management Plc: Tel. 0-2649-2230, 0-2649-2232 Khun Sarinya Sanmeema, Khun Trungrutai Sundos JWT Public Relations: Tel. 0-2204-8552, 0-2204-8078, Fax. 0-2259-9246