Pictet (Asia) Limited - Disclosures of sales related information

The following information is provided to you by Pictet (Asia) Limited ("PAL") pursuant to paragraphs 8.3 and 8.3A of the Code of Conduct for Persons Licensed by or registered with the Securities and Futures Commission. Unless otherwise specified by PAL, the information set out herein (and which shall be amended by PAL whenever appropriate) shall apply to each and every transaction done by PAL and its affiliates within the Pictet Group on behalf of its clients.

A. Disclosure of benefits received by, and capacity of, PAL

Product	Benefits received by PAL and/or its associates	Capacity of PAL in respect of the distribution of the product
Stock	Not Applicable	Agent
Bond	Retrocession / trading profit of up to 2% of the Investment amount	Agent
Debenture	Retrocession / trading profit of up to 2% of the Investment amount	Agent
Exchange Traded Fund	Not Applicable	Agent
Equity Fund - in house fund - third party fund	PAL and/or its associates will benefit from the origination and distribution of this product. Retrocession / trading profit of up to 1% of the Investment amount	Agent Agent
Bond Fund - in house fund - third party fund	PAL and/or its associates will benefit from the origination and distribution of this product. Retrocession / trading profit of up to 1% of the Investment amount	Agent Agent
Option	Not Applicable	Agent
Warrant	Not Applicable	Agent
Equity-linked Product	Retrocession / trading profit of up to 2% of the Investment amount	Agent
Gold-linked Product	Retrocession / trading profit of up to 2% of the Investment amount	Agent
Commodity-linked Product	Retrocession / trading profit of up to 2% of the Investment amount	Agent
Interest Rate-linked Product	Retrocession / trading profit of up to 2% of the Investment amount	Agent
Dual Currency Deposit	Retrocession / trading profit of up to 2% of the Investment amount	Agent

B. Disclosure of Affiliation with Product Issuer

Where the product is issued by Pictet Group of Companies, PAL is affiliated with the product issuer.

C. Disclosure of Discount Arrangement

Unless otherwise specified by PAL, PAL does not offer any discount of fees and/or charges.

U.S. Nationals and Residents, please click here only for Investment Services, due to local Legal restrictions applicable to your country.

Worldwide visitors: Please consult the Legal notice for (1) detailed Local Legal Restrictions applicable to your country and (2) Weblinks to specific entities of the Pictet Group designed in function of those restrictions.

©2012, Pictet & Cie, Private Bankers
Private Banking, Private Wealth Management, Institutional Asset Management, Independent Asset Managers, Investment funds, Custody & Fund Services, Geneva, Switzerland.