Investors in the Stock Exchange of Thailand (SET) are subject to pay a brokerage commission (excluding a 7% value-added tax) for buying and selling of securities set by the SET as follows:

Sliding Scale No. Trading Value (X) per day (Unit :  Baht) Sales Representative     channel (Not included VAT 7%) Internet Trading channel (Not included VAT 7%) Cash Account Cash Balance A/C  or Credit Balance 1. X <= 5  Millions Baht * Commission Rate 0.250% 0.200% 0.150% SET Trading Fee 0.005% 0.005% 0.005% TSD Clearing Fee 0.001% 0.001% 0.001% Regulatory Fee 0.0018% 0.0018% 0.0018% Total fees charged 0.2578% 0.2078% 0.1578% 2. 5 <Millions Baht <= 10 Millions Baht Commission Rate 0.220% 0.180% 0.130% SET Trading Fee 0.005% 0.005% 0.005% TSD Clearing Fee 0.001% 0.001% 0.001% Regulatory Fee 0.0018% 0.0018% 0.0018% Total fees charged 0.2278% 0.1878% 0.1378% 3. 10Millions Baht < X <= 20 Millions Baht Commission Rate 0.180% 0.150% 0.110% SET Trading Fee 0.005% 0.005% 0.005% TSD Clearing Fee 0.001% 0.001% 0.001% Regulatory Fee 0.0018% 0.0018% 0.0018% Total fees charged 0.1878% 0.1578% 0.1178% 4. X > 20 Millions Baht Commission Rate 0.150% 0.120% 0.100% SET Trading Fee 0.005% 0.005% 0.005% TSD Clearing Fee 0.001% 0.001% 0.001% Regulatory Fee 0.0018% 0.0018% 0.0018% Total fees charged 0.1578% 0.1278% 0.1078%

* Minimum fee will be 50 baht (not including VAT 7%) per day.

Fees
1. Share Transfer Fee Investors will not pay any fees if they would like to deposit shares into their accounts. However, if they would like to withdraw shares from their accounts, they are subject to pay a fee of 50 baht per stock.
2. Share Certificate Issuance Fee Normally, investors can deposit their shares free of charge through TSD's member companies(broker company), which use the scriptless system to record the number of shares deposited instead of issuing share certificates. However, if investors would like to get share certificates, they can request their broker companies to process this. Investors are subject to pay 100 baht per stock for share certificates. They will get their share certificates within 45 days.

Commission of TFEX products

TFEX Products		No. Contract	Commission Fee Rate (Baht/contract)
			Marketing	Internet
SET 50 Index	Futures **	1-5	450	410
		6-20	350	320
		> 20	250	230
	Options **	1-25	85	77
		26-100	65	59
		> 100	45	41
Single Stock Futures	Price<=100		0.10% of notional value + 0.5	0.09% of notional value + 0.5
	Price > 100		0.10% of notional value + 5	0.09% of notional value + 5
Gold Futures **	50 Bath	1-5	500	455
		6-20	400	365
		> 20	300	275
	10 Bath	1-25	100	91
		26-100	80	73
		> 100	60	55
Silver Futures **		1-25	95	86
		26-100	75	68
		> 100	55	50
Interest Rate Futures	5 year Gov. Bond		55	50
	6 Month THBFIX		110	100
	3 Month BIBOR		110	100
Brent Crude Oil Futures **		1-25	100.5	91.5
		26-100	80.5	73.5
		> 100	60.5	55.5

** Commission rate calculate by 1st contract structure *** (Excluding VAT)
*** If the contract volume reaches a particular scale, the commission in that scale will be applied since the first contract.