Ref: MCOT/6124 /196 29 January 2007 The Stock Exchange of Thailand Attn : The President Re: Use of Proceeds from the IPO As being listed in the Stock Exchange of Thailand on 17 November 2004, the Company hereby submit the report of the use of proceeds from the IPO as of 31 December 2006 totally amounting to MM.BAHT 567.788 as stated in the table attached herewith. Sincerely yours, (Mr. Polchai Vinijchaikul) Acting Vice President, Legal Affairs and the Company s Secretary Office MCOT Public Company Limited Corporate Law Department Tel. 0 2201 6038 Fax: 0 2245 1435 Report of use of Proceeds from the IPO as December 31,2006 Use of Proceeds Details Amount (MM Baht) 1. Expanding radio The expanding of the networks - networks and involves with new frequency television relay which is required the permission stations. granting from the NBC. Hence, the expansion can be done only after the setting up of NBC is completed. 2. Upgrading broadcast 5 television stations have been 34.863 equipment in radio upgraded which are , and television relay Maehongsorn, Trang, loei, stations both in Satun and Nakhon Sawan the central and regional areas 3. Improving the Training courses for Radio, 13.536 production capability Television and News staff . and selection of programs for the Company s various medias. 4. Investing in Replacement, maintenance 519.389 infrastructure to and supply back up equipment support future for digital broadcast. digital broadcast 5. Investing in the Under the discussion with - Asia Regional International News Agency. Hub of And MCOT building is under Communication renovation for the office of project. International News Agency. 6. Investing in the SET will be informed, when - MCOT TV there is the Board Resolution Project. regarding this. Total MM Baht 567.788