16 July 2007
Informing of MCOT's approach toward the Draft Bill
Ref. MCOT/ 6124/1646
July 16, 2007
The Stock Exchange of Thailand
Attn: President
Re: Latest update on MCOT Plc. s approach towards the Draft Radio
and Television Broadcasting Bill
The Thai Cabinet, in its meeting on July 10, 2007, has approved in principle
the Radio and Television Broadcasting Bill. According to the draft,
some articles of the Bill will impact Thai broadcasters including MCOT Plc.
At this preliminary stage, please allow MCOT Plc. to update you on
the matter as follows:
1. The Office of the Council of State is currently scrutinizing
the Draft Radio and Television Broadcasting Bill before submitting it
to the National Legislative Assembly for approval.
2. MCOT Plc. has had keen interest on the above-mentioned issue from
the beginning. Having studied and closely monitored the development of
the situation, MCOT Plc. is positive that the enforcement of the Radio
and Broadcasting Bill will provide business opportunities to the Company,
particularly one of the stipulations which categorizes state-owned enterprises
as business operators. This definitely gives a clear direction to the Company s
future endeavors. MCOT Plc. is strongly confident in its performance
and competitiveness in the future.
3. The Company will be delighted to regularly inform the SET of any further
development regarding this issue.
Sincerely yours,
(Mr. Wasan Paileeklee)
President
MCOT Public Company Limited
Investor Relations Department
Tel. 0 2201 6388, 02 201 6454
Fax 0 2245 1854