Bangkok--25 Aug--SCB In light of the recent spreading news that the Revenue Department has sent a written order to Siam Commercial Bank PCL that the attached money of Ms. Pinthongta Shinawatra and Mr. Panthongtae Shinawatra must be delivered to the Revenue Department, the Bank would like to clarify as follows: 1. The Bank received a written order from the Revenue Department on the afternoon of 22 August 2008 requiring the Bank to deliver the attached money of Ms. Pinthongta Shinawatra and Mr. Panthongtae Shinawatra under their accounts deposited with the Bank to the Revenue Department for purpose of tax obligation settlement. 2. The Bank acknowledges and is ready to comply with the Revenue Department’s order; however, the said two persons’ accounts are under attachment order of the Assets Scrutiny Committee (ASC). The Bank finds it impossible to comply with both orders which are conflicting in practice. Should the Bank follows one’s order, the Bank will be subjected to criminal offence on the ground of violation of another order inevitably. 3. As this important and sensitive issue arises at the time the Office of the Attorney General lodges a lawsuit with the Court to seize assets of related parties in the case, the Bank is obliged to consider the order prudently. Accordingly, the Chairman of the Board of Directors directs that the Revenue Department’s order should be referred to and discussed by the Board of Directors shortly. The Bank has also filed a petition to the Administrative Court and has sent letters to the National Counter Corruption Commission and the Office of the Attorney General requesting for their clarifications of the pending issue. The Bank will still maintain the disputed money for the time being. Corporate Communications Division Siam Commercial Bank PCL Tel. 02-544-4502, Email: [email protected]