MCOT Public Company Limited 63/1 Rama IX Road, Huaykwang Bangkok 10310 Thailand Phone +66 (0) 2201 6000 Fax +66 (0) 2245 1435 E-mail Contact@mcot.net Ref: MCOT/6155/227 January 28, 2009 The Stock Exchange of Thailand Attn: President Re: Report on the usage of the capital increasing 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 July 1 - December 31, 2008 totally amounting to MM Baht of 15.917 and the use of proceeds from the IPO, as of December 31, 2008 amounting to MM Baht of 653.245 as stated in attached document. Sincerely yours, (Mr. Thanachai Wongthongsri) Vice President, Company Secretary Office MCOT Public Company Limited Authorized to sign on behalf of the company Investor Relations Department Tel: 0 2201 6388 Fax: 0 2245 1854 Report of Use of Proceeds from the IPO as December 31, 2008 Between Accum. Plan Jul. - Outstanding Amount Use of Proceeds (MM. Dec. 08 Amount (MM. Baht) (MM. (MM. Baht) Baht) Baht) 1. Expanding radio networks 50 - - 50 and television relay stations - The expanding of the Networks involves with new frequency which requires the permission granted from NBTC. Hence, the expansion can be achieved only after the set up of NBTC. 2.Upgrading broadcast 65 49.289 - 15.711 equipments in radio and television relay stations both in the central and regional areas: - The slowdown of purchase activity for broadcast equipments in television relay station. 3. Improving capability of 27 27 - - producing and capability of selecting programs for the Company's various media channels: - Organizing training courses for Radio, Television and News staffs. 4. Investing in the 650 561.039 15.917 73.044 implementation for digital TV broadcasting in the future: -The replacement, maintenance and supply of the back up equipments of digital broadcast. 5. Investing in Asia Regional 50 - - 50 Hub of Communication Project: - Under the discussion with International News Agencies. 6. Investing in MCOT TV 700 - - 700 Project - The project has been slow down. The Company will inform SET of further information. Total 1,542 637,328 15.917 888.755