Reporting the use of capital increase fund.
25 July 2005
Ref. WORK 013 / 2005
July 25, 2005
Re: Reporting the use of capital increase fund.
To: President of The Stock Exchange of Thailand.
Workpoint Entertainment Public Company Limited (the "Company")
had sold ordinary shares during September 20-22, 2004 , which had received
total capital increase fund (net after expenses) in the amount of Baht
563.0 million. Our objectives of using the fund are specified in the
prospectus of the company. As of June 30,2005, we would like to report
the use of capital increase fund as following :
1. Investing in new studios and office of the company of
Baht 48.6 million and amount of Baht 251.4 million will be used within
midyear 2006.
2. Expanding business line and working capital of Baht 263.0
million,which will be spent within the year 2006.
Please be informed accordingly.
Sincerely yours,
Workpoint Entertainment Public Company Limited
( Mr.Kanchit Kawachat )
Executive Vice President - Finance