News Detail

Date/Time
08 May 2015 20:34:00
Headline
Clarification on news appearing in the media
Symbol
DIF
Source
DIF
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                JorTor. 11 - 580243
                                May 8, 2015
To:    The President
The Stock Exchange of Thailand

Re:    Clarification on news appearing in the media
     TRUE Telecommunications Growth Infrastructure Fund (TRUEIF)    
Reference is made to the news that has appeared in the media in relation to the 
National Telecommunications Commission ("NTC") having a resolution on 7 May 2015
that TRUE Telecommunications Growth Infrastructure Fund (the "Fund") must
obtain a telecommunications licence.
SCB Asset Management Company Limited (the "Management Company") as the 
management company of the Fund would like to clarify that the Management Company
received a written notification dated 8 May 2015 from the Office of the
National Broadcasting and Telecommunications Commission (the "NBTC Office")
clarifying that the NTC had a resolution that the NBTC Office to send the Fund a
written enquiry with respect to the Fund's business structure of leasing the
telecommunications assets for NTC's consideration. NTC has not had any
resolution requiring the Fund to obtain telecommunications licence. The
Management Company will prepare the information in order to clarify the issue in
accordance with the NBTC Office's request. In this regard, the Management
Company has always complied with relevant laws and regulations prescribed by
both the Securities Exchange Commission and the National Broadcasting and
Telecommunications Commission. In addition, during the establishment of the
Fund, the Management Company had consulted such issue with the NBTC Office and
the NBTC Office had a written response in relation to the guideline for the
Fund's conduct which the Fund has complied with.

Please be informed accordingly.
Yours faithfully
TRUE Telecommunications Growth Infrastructure Fund
By SCB Asset Management Company

(Mrs. Tipaphan Puttarawigorm)
Senior Vice President, Property and Infrastructure Investment Group
______________________________________________________________________
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