The Thai Capital Fund, Inc. Closed-End Fund Transfers To The American Stock Exchange

Share Name	Share Symbol	Market	Type
Thai Capital Fund	AMEX:TF	AMEX	Ordinary Share

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Share Symbol

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Thai Capital Fund

AMEX:TF

AMEX

Ordinary Share

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The Thai Capital Fund, Inc. Closed-End Fund Transfers To The American Stock Exchange

24/12/2003 3:50pm

PR Newswire (US)

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The Thai Capital Fund, Inc. Closed-End Fund Transfers To The American Stock Exchange NEW YORK, Dec. 24 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today began trading common shares of The Thai Capital Fund, Inc., a closed-end fund under the symbol TF. The Thai Capital Fund, Inc. is a non-diversified, closed-end management investment company. The Fund seeks long-term capital appreciation through investment primarily in equity securities of Thai companies. The Fund's investments in Thailand are made through a wholly-owned Investment Plan established under an agreement between SCB Asset Management Co., Ltd. (the "Manager") and the Fund. The Fund's investments, through the Investment Plan, are managed by the Manager. Daiwa SB Investments (H.K.) Ltd. provides the Manager with advice regarding investments by the Investment Plan and manages the Fund's assets held outside the Investment Plan. "We're very pleased to welcome The Thai Capital Fund, Inc. to the American Stock Exchange," said Tom Rzepski, vice president of the Amex's closed-end fund business. "The Thai Capital Fund is an innovative closed-end fund that provides investors with the opportunity to invest in the global emerging markets." Currently, TF has approximately 3.1 million shares outstanding and a net asset value of $8.45 per share as of December 18, 2003 with a total market capitalization of $22 million. The specialist in TF is AIM Securities Co. The American Stock Exchange currently lists 143 closed-end funds with over $21 billion in assets. For additional information on this fund or other Amex-listed closed-end funds, please call 1-800-THE-AMEX. The American Stock Exchange(R) (Amex(R)) is the only primary exchange that offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(sm). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 126 ETFs. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/. DATASOURCE: The American Stock Exchange CONTACT: Lynn Teresky of American Stock Exchange, +1-212-306-1654, Web site: http://www.amex.com/

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