News Detail

                JorTor. 11 - 580313
                                June 9, 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 Bangkok Biznews and Naewna 
Newsletter dated June 9, 2015, mentioning that the National Telecommunications
Commission ("NTC") had a resolution on May 7, 2015 that TRUE Telecommunications
Growth Infrastructure Fund (the "Fund") be required to 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 will 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. However, up until now, the Fund has
not received any written letter or enquiry from the NBTC Office.
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
(Ms. Pijittra Trirattanathada)
Senior Vice President, Property and Infrastructure Investment Group
______________________________________________________________________
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