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189

Thai NVDR Co., Ltd.

Thai NVDRCo., Ltd. (Thai NVDR) was established onOctober 4, 2000, with a registered capital of

THB 10 million. The Stock Exchange of Thailand (SET) is the major shareholder, holding 99.99% of

the total shares. Thai NVDR is responsible for issuing and selling Non-Voting Depository Receipts

(NVDRs) to investors.

Operation

Thai NVDR is responsible for executing the purchase or sale

of those listed company shares whose investors wish to trade

through NVDRs. This service is offered to all, irrespective of

the number of securities held or the holder’s nationality. NVDR

holders receive the same full financial benefits as they would

receive if they had invested directly in shares (dividends,

rights issue and warrants) but NVDR holders have no voting

rights at the shareholdders’ meeting.

Registered capital and

organizational management

Thai NVDR has a total registered capital of THB 10 million,

with 100% wholly owned by SET.

Board of Directors

Kesara

Manchusree

Chairman

Dr. Pakorn Peetathawatchai Member

Pataravasee Suvarnsorn

Member

Supakit

Jirapraditkul

Member