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TPARK LOGISTICS PROPERTY FUND (TLOGIS)

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4. Occupancy Rate<br />

The average occupancy rate of 3 warehouse buildings (12 units) to be invested in by the<br />

Fund in 2008, 2009, and 2010 are as follows:<br />

TICON Logistics Park<br />

Project<br />

Warehouse<br />

18<br />

Average Occupancy Rate (%)<br />

2008 2009 2010<br />

Jan-Mar<br />

2011<br />

1. Laemchabang SW.A 58.33 75.00 100.00 100.00<br />

2. Laemchabang SW.B 100.00 33.33 91.67 100.00<br />

3. Laemchabang SW.C 91.67 100.00 100.00 100.00<br />

4. Laemchabang SW.D 100.00 33.33 91.67 100.00<br />

5. Laemchabang SW.E 41.67 91.67 100.00<br />

6. Laemchabang SW.F 100.00 100.00 100.00 100.00<br />

7. Laemchabang SW.G 100.00 100.00 100.00<br />

8. Laemchabang SW.H 72.72 100.00<br />

9. Laemchabang SW.I 100.00 100.00<br />

10. Laemchabang SW.J 100.00 100.00<br />

11. Laemchabang SW.K 88.89 100.00<br />

12. Bangna km.39 SW.FZ1<br />

Remark<br />

1. Refer to uncompleted factories<br />

2. 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<br />

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

A tenant, Leschaco (Thailand) Co.,Ltd. will enter into a lease agreement with TICON<br />

Logistics Park Company Limited for 12 years term when the construction of warehouse is<br />

completed (refer to MOU No.TPK-MOU-10-001).

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