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TESCO’S THAI PROPERTY FUND TO SELL NEW INVESTMENT UNITS IN NOV.

(Following is a press release of Krung Thai Asset
Management Co. Pcl via an electronic mail. The statement was
confirmed by the sender.) 
Subscription for TLGF’s new investment units to open from
November 26-29, 2012 for existing unitholders 
Following approval by the Office of the Securities and Exchange
Commission (“SEC”), Tesco Lotus Retail Growth Freehold and
Leasehold Property Fund (“TLGF”) is moving forward with its
planned capital increase. The final offering price and
entitlement ratio will be announced on November 23, 2012, while
the subscription will take place November 26-29, 2012. 
The final offering price for new investment units and the
entitlement ratio will be determined via a bookbuilding process
with institutional investors, in which Tesco Lotus will not
participate. The results will be announced on November 23
through (1) Office of Krung Thai Asset Management Public Company
Limited (“KTAM”) or on KTAM’s website at www.ktam.co.th (2) the
website of TLGF at www.tlgf-fund.com and (3) head office and
branches of Krungthai Bank (“KTB”) or CIMB Thai Bank (“CIMBT”).
Investors may also contact the call centers of KTAM (02-670-4900), KTB (1551) or CIMBT (02-626-7777) for information on
pricing and entitlements 
Mr. Somchai Boonnamsiri, CEO of KTAM, the Management Company of
TLGF, said “Following the SEC’s approval, TLGF is proceeding
with the subscription process which will increase the size of
the fund substantially. Considering our strong performance, high
quality asset portfolio and good subscription and allocation
process, we are confident of the success of this capital
increase.” 
TLGF plans to issue and allocate up to 650 million new
investment units with the aim of raising up to Baht 7,545
million to invest in five additional Tesco Lotus hypermarket-anchored shopping malls, bringing TLGF’s portfolio to 22 high
quality assets. Upon the completion, TLGF will become Thailand’s
largest property fund by market capitalization. 
The new investment units will be offered to eligible existing
unitholders according to their unitholding, whereby those whose
names appeared on the register of unitholders on November 6,
2012 are eligible to subscribe. Eligible unitholders can
subscribe beyond their entitlements. Tesco Lotus, TLGF’s largest
unitholder, will subscribe to new investment units according to
its entitlement, with an intention to maintain its unitholding
at approximately 25%. 
Investment units will be allocated to eligible unitholders
according to their entitlements in the first round. Any
remaining investment units from the first round of allocation
will also be allocated to eligible unitholders until all demand
from eligible unitholders has been fulfilled or the investment
units have been fully allocated. 
Eligible unitholders can subscribe during office hours from
November 26 to November 28, and from start of business until
noon of November 29, 2012, at KTAM, KTB and CIMBT branches
nationwide. 
Funds raised through the plan will be used for the investment in
five additional properties located in Phuket, Salaya,
Nakornsrithammarat, Rangsit Nakornnayok and Bangpoo.  This
injection will increase TLGF’s total net lettable area by almost
80,000 square meters or more than 34%. Three of the five new
properties are freehold and TLGF’s proportion of freehold
properties will be increased to 75% following this investment. 
Mr. Sompong Rungnirattisai, Tesco Lotus’s Property Director said
“Following this investment, TLGF will become Thailand’s largest
property fund by all major metrices. The assets will start
generating income for TLGF from the first day. The average
occupancy rate of the five shopping malls is 99.7%, with a well-balanced mix of short and long-term tenants contributing to the
rental revenue. The injection of these high quality assets is
proof of Tesco Lotus’ commitment to the Fund.”
-End-The distribution of this announcement may be restricted by law
in certain jurisdictions.  Persons into whose possession this
announcement comes are required to inform themselves about and
to observe any such restrictions.
This announcement is not an offer of securities for sale in the
United States or elsewhere.  The securities referred to herein
are not being registered under the U.S. Securities Act of 1933,
as amended (the “Securities Act”), and may not be offered or
sold in the United States unless registered under the Securities
Act or pursuant to an exemption from such registration.  There
will be no public offering of the securities referred to herein
in the United States.  Copies of this announcement are not being,
and should not be, distributed in or sent into the United States,
Canada, Japan or Australia. 
For more information: 
Media: 
Ogilvy Public Relations
Eakkapop Panthurat          Tel: 02 205 6614, 089 676 6234 
eakkapop.panthurat@ogilvy.com 
Puntarika Susuntitapong     Tel: 02 205 6630, 081 146 0003 
puntarika.susuntitapong@ogilvy.com
Krungthai Asset Management Plc.
Saengsiri Netumporn     Tel: 0-2670-4900 ext. 1235
saengsiri@ktam.co.th 
#<188905.404248.3.2.1.0.76>#
 
 
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