19 December 2007
Notification on news relating exercising state power
Ref: MCOT/6100/ 3030
December 18, 2007
The Stock Exchange of Thailand
Attn: The President
Re: Notification on the news relating MCOT Public Company Limited
exercising State power
Dear Sir:
Kindly refer to the article recently published in the newspapers claimed that
"after the transformation of the Mass Communication Organization of
Thailand (MCOT) into MCOT Plc with a status as a juristic person, MCOT Plc
can no longer exercise state power and is not entitled to claim legal
ownership of MCOT's assets, the state properties which were acquired
through exercising state power. Such state properties therefore must be
transferred back to the State.".
MCOT Plc's clarification with regard to the above-mentioned statement is as
follows:
1. The properties that possessed or owned by MCOT Plc are not acquired
through expropriation by exercising state power. And for the use of the
state properties for MCOT Plc's relay stations, the annual fee has been paid to
the regulatory body, while the construction of buildings and broadcasting
towers were MCOT Plc's own source of fund.
2. Since 1996, we have paid the annual fee for the radio and television
frequencies used by MCOT Plc, including Channel 3 and True Visions Plc.
whose permission granted by the former Post and Telegraph Department,
currently known as the National Telecommunication Committee (NTC).
Sincerely yours,
(Mr. Wasan Paileeklee)
President
MCOT Public Company Limited
Investor Relations
Tel 02 201 6454, 6338 Fax 02 245 1854