MESSAGE FROM OUR CIO



This website is issued for information only by Ton Poh Capital, the Investment Manager appointed by The Ton Poh Thailand Fund (formerly registered as The Ton Poh Emerging Thailand Fund) (the "Fund"). It does not constitute an offer by Ton Poh Capital to enter into any contract or agreement nor is it a solicitation to buy or sell any investment. Investment in the Shares may only be made on the basis of the current edition for the time being of the Fund's Confidential Offering Memorandum (the "Offering Memorandum") (together with, in the case of U.S.Persons and U.S.Taxpayer, the Information Statement). Nothing in this website should be deemed to constitute the provision of financial, investment or other professional advice in any way.

The contents of this website are based upon sources of information believed to be reliable, however, no guarantee, warranty or representation (express or implied) is given as to its accuracy or completeness and Ton Poh Capital, its directors, officers, and employees do not accept any liability or responsibility in respect of the information or any views expressed herein.

This website may include forward-looking statements that are based upon our current opinions, expectations and projections. Actual results could differ materially from those anticipated in the forward--‐looking statements. Ton Poh Capital undertakes no obligation to update or revise any forward--‐looking statements. This website is not aimed at persons who are residents of any country, including the United States of America, where the Fund is not registered or approved for marketing and/or sale, or in which the dissemination of information about the Fund is not permitted. This website should not be distributed to any third party without the express approval of Ton Poh Capital.

The Fund is prohibited from making any invitation to any person resident or established in Thailand. The Fund is neither registered under the U.S. Securities Act of 1933, as amended nor under the U.S. Investment Company Act of 1940, as amended. Consequently, shares in the Fund cannot be offered for sale or be sold in the USA, its territories, possessions or protectorates under its jurisdiction, nor to nationals, citizens or residents in any of those areas except pursuant to applicable exemptions from such requirements and in certain circumstances summarised in the Offering Memorandum.

Investment in the Fund is intended for sophisticated investors who can accept the risks associated with such an investment including a substantial or complete loss of their investment. Past performance is not necessarily a guide to future performance. Changes in rates of exchange may have an adverse effect on the value, price or income of investments. The Fund is invested in a concentrated portfolio of Thai stocks, with a strong bias toward mid/large caps. The foregoing list of risk factors is not comprehensive and reference should be made to the chapter headed "Risk Factors" of the Offering Memorandum.

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