Bangkok--11 Aug--SET The Stock Exchange of Thailand (SET)’s Disciplinary Committee for Brokerage or Agent’s Fees Charged has found that Thanachart Securities PCL (TNS) did not comply with SET’s Rules and Procedures for Collecting Brokerage or Agent Fees and Related Regulations, SET Executive Vice President Suthichai Chitvanich said. The Committee found that TNS gave compensation to branch office managers in excess of that stipulated in the Exchange’s regulations, gave marketing officers who normally receive remuneration under incentive schemes credit for customers whose accounts they did not service, resulting in the officers receiving compensation contrary to the SET’s regulations, and did not comply with the Regulations on Internet Trading Commissions. The Disciplinary Committee has fined the company THB 1,690,000.00. The firm is also required to bar the past branch manager, two branch office managers and four marketing officers from performing their duties. Five executives and one other branch office manager are also required to strictly comply with SET’s regulations henceforth. TNS has accepted the above penalties and stated that they are observing the regulations. The company has guaranteed the Exchange that their executives will supervise operations vigilantly, that better internal controls are in place and that all operations now meet SET’s and the Securities and Exchange Commission’s requirements. For more information, please contact the Corporate Communications Dept.: Ladawan Kantawong Tel: 0-2229-2036 / Sarinluck Jitkawong Tel: 0-2229-2037 / Watsamon Saowakhonsathien Tel: 0-2229-2797