SOURCE: Thai Capital Fund

December 12, 2008 16:15 ET

The Thai Capital Fund Announces Annual Distribution for 2008

JERSEY CITY, NJ--(Marketwire - December 12, 2008) - The management of The Thai Capital Fund, Inc. (AMEX: TF) today announced that the Fund will pay its year-end distribution in the amount of $0.084 per share. This dividend will be paid in cash from ordinary income.

Shareholders who participate in the Fund's Dividend Reinvestment Plan will receive an equivalent dividend amount in shares of the Fund.

The dividend will be payable on December 30, 2008 to the shareholders of record at the close of business on December 22, 2008. The ex-dividend date will be December 18, 2008.

The Fund is a closed-end management investment company which seeks long-term capital appreciation through investment primarily in Thai equity securities.

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