Photo Caption: Country Group Development PCL launch MFC Industrial Real Estate Investment Trust (MIT) with Dr. Win Udomrachtavanich, Chief of Executive Officer, One Asset Management Limited (far left), Dr. Santi Kiranand, Executive Vice President - Head of Markets Division and Issuer & Listing Division (Acting), The Stock Exchange of Thailand (second from left), Mrs. Kesara Manchusree, President, The Stock Exchange of Thailand (third from left), Dr. Sadawut Taechaubol, Vice Chairman, Country Group Development Public Company Limited (forth from left), Ms. Prapa Puranachote, President, MFC Asset Management Public Company Limited (forth from right), Dr. Vikrom Koompirochana, Chairman, Country Group Development Public Company Limited (third from right), Mr. Ben Taechaubol, Chief Executive Officer, Country Group Development Public Company Limited (second from right) and Mr. Nitikorn Srikhirin, Executive Vice President, Asia Plus Advisory Company Limited (far right) to join the first day trading ceremony at the Stock Exchange of Thailand (SET). Bangkok, Thailand – December 23, 2015: Country Group Development PCL (CGD) in collaboration with its affiliate company MFC Asset Management PCL (MFC) launch Thailand’s first fully subscribed international Real Estate Investment Trust (REIT) listed as MFC Industrial Real Estate Investment Trust (MIT) for Anchorage Point, a Data Centre located in London, United Kingdom.

Anchorage Point operates in the lucrative Data Centre business and is located in an area highly prized for its accessibility, Charlton (Docklands), South East London, UK. It consists of three fully equipped Data Centres which cover an approximate 2,294 sq.m and operate at 100% occupancy.

CGD’s acquisition and penetration into the Data Centre market was backed by strong fundamental growth drivers in the sector such as rise in data creation and storage needs globally. The growing adaptation of cloud computing; increase in compliance with regards to data security and increased outsourcing of Data Centre requirements indicates that prime-located data storage centers may be one of the fastest value growth segments of real estate. As the UK is currently one of the largest Data Centre markets in Europe, top tier Data Centre’s located in highly accessible areas similar to the Docklands will continue to command a premium.

“We are extremely proud to have successfully launched Thailand’s first international REIT.” said Mr. Ben Taechaubol, CEO of Country Group Development PCL “Not only does the MIT demonstrate our investment and development capabilities, it also showcases our platform strategy in seeking off-market transactions in sunrise sectors and our ability to swiftly unlock superior value through leverage of our group synergy.”

“This project further solidifies Country Group’s leading position in the finance and real estate sectors, and on behalf of the Board of Directors of CGD, I would like to express our heartfelt thanks to our shareholders for the continued support.”

MIT is managed by MFC Asset Management PCL with Palmer Capital Asia (Hong Kong) Limited the property manager and the trustee being One Asset Management. MIT’s first day of active trading has commenced on 23 December 2015, where the property is listed in the Stock Exchange of Thailand (SET) with THB 975 million trusts sold at THB 10 per trust unit, and a combined asset value of THB 1,500 million.