Ref: MCOT/6124 /1752 July 27, 2007 The Stock Exchange of Thailand Attn : President Re: Use of Proceeds from the IPO As being listed in the Stock Exchange of Thailand on 17 November 2004, MCOT Public Company Limited hereby submits the report of the use of proceeds from the IPO as between January 1 - June 30, 2007 totally amounting to MM Baht of 5.252 and the use of proceeds from the IPO, as of June 30, 2007 amounting to MM Baht of 573.040 as stated in attached document. 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 June 30, 2007 Between Plan Balance Jan - Jun Total Use of Proceeds 2007 (MM.Baht) (MM.Baht) (MM.Baht) (MM.Baht) 1. Expanding radio 50 - - 50 networks and television relay stations - The expanding of the Networks involves with new frequency which requires the permission granted from NBC. Hence, the expansion can be achieved only after the completion of NBC's set up. 2. Upgrading broadcast 65 34.863 1.198 28.939 equipments in radio and television relay stations both in the central and regional areas: - Upgrading broadcast equipments in television relay station 3. Improving capability of 27 13.536 4.054 9.410 producing and capability of selecting programs for the Company's various media channels: - Organizing training courses for Radio, Television and News staff. 4. Investing in preparation 650 519.389 - 130.611 for digital TV broadcasting in the future: -The replacement, Maintenance and supply of back up equipments of digital broadcast (under consideration of Technology Administration Committee) 5. Investing in Asia 50 - - 50 Regional Hub of Communication project: - Under the discussion With International News Agency 6. Investing in MCOT TV 700 - - 700 Project - The project has been being slowed down. The Company will inform SET of further information. Total 1,542 567.788 5.252 968.960