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TPARK LOGISTICS PROPERTY FUND (TLOGIS)

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The projected rental and service income from properties to be invested by the Fund<br />

for 2012 is approximately Baht 7.51 million per month (based on a 100%-occupancy rate).<br />

The projection could not warrant future performance, and the projected income from rental and<br />

service fees are income before expenses of the Fund.<br />

The Management Company will appoint TICON Industrial Connection Public Company<br />

Limited as the property manager of the additional properties (which are shown in the table:<br />

“Summary of Properties to be Invested by the Fund – 2 nd Investment)” .<br />

1. General Information on Warehouse Buildings for Rent<br />

The following table shows summary of data, as of 31 March 2011, concerning the existing<br />

properties and additional properties to be invested in by the Fund.<br />

Existing Properties to be invested<br />

Properties by the <strong>FUND</strong><br />

Total<br />

Leased Warehouse Space (square meter) 70,731 55,230 125,961<br />

Occupancy Rate (as of 31 March 2011) 100% 100% 100%<br />

Number of Warehouses 15 12 27<br />

Number of Leased Warehouses<br />

(as of 31 March 2011) 15 12 27<br />

Remark:<br />

The construction of a warehouse (SW.FZ1) located in TICON Logistics Park – Bangna<br />

which is one of the additional properties to be invested in by the Fund, as of 31 March 2011 is still<br />

under construction, however, it is estimated to be completed within May 2011. A tenant, Leschaco<br />

(Thailand) Co.,Ltd. will enter into a lease agreement with TICON Logistics Park Company Limited<br />

for 12 years term when the construction of warehouse is completed . (rRefer to MOU No.TPK-<br />

MOU-10-001).<br />

15

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