REPORTS CLOSING OF REGISTRATION BOOK TO CONVERT TO OPEN-

Om-Sin Perm Poon Sub Fund (OSP), a managing firm of OSP fund which is a non-redeemable type, would like to convert and change project type to open-ended fund. The request filing procedures for approval from the Securities Exchange Commission (SEC) must be supported from resolution or evidence stating holders' compliances as referred to the SEC's bulletin. As Om-Sin Perm Poon Sub Fund will expire in August 16, 1997, OSP therefore would like to close registration book in April 16, 1997 at 12.00 O'clock to gather names of holders and number of units held and send documents to request for approval in conversion and change its type to open-ended fund and givingvoting certificate to holders. The process details in delivering documents are as follows: 1. OSP will send documents to holders in April 21, 1997 to the holders in the closing date of registration book. 2. When holders received documents and voting certificate, the holders to send them back to OSP within May 15, 1997. Translated by the Nation