Ref. WORK 014 / 2006 July 31, 2006 Re: Reporting the use of capital increase fund. To: President of The Stock Exchange of Thailand. As Workpoint Entertainment Public Company Limited (the Company) had sold ordinary shares during September 20-22, 2004, received total capital increase fund (net after expenses) of Baht 563 millions with the use objectives as specified in the prospectus of the company. The company would like to report on the use of the capital increase fund of June 30, 2006 as follow: As of 31 December 2005, the spending amount was: Objective for Use of Fund 1.Invest in new studio and office Total Capital Increase Total Fund Used Fund Available (Millions Baht) (Millions Baht) (Millions Baht) 300 131.66 168.34 2.Working Capital - Bung-Fire Studio Co., Ltd.(6 millions Bath) to form in Sep.2005 - Round-Table Co., Ltd.(6 millions Bath) to form in Sep.2005 - Hua Film Tai Film Co., Ltd.(5 millions Bath) to form in Oct.2005 Total Capital Increase Total Fund Used Fund Available (Millions Baht) (Millions Baht) (Millions Baht) 263 17.00 246.00 The spending amounts during January 2006 30 June 2006 are as below table: 1.Invest in new studio and office - Payment In Advance 2. Working Capital Accumulate Spending Spending amount during Fund Available (Millions Baht) (Millions Baht) of June 30,2006 (Millions Baht) 131.66 249.88 159.91 4.55 17.00 The studio project has been specific at the amount of 300 million baht in the prospectus of the company. Presently, we have been spending in the amount of 381 million baht which were increased from additional land purchasing; extend the office area and constructions of the office related companies. Recently, the main construction of studios and head office have been completed, except interior decoration and related companies office building, still under construction Please be informed accordingly. Sincerely yours, Workpoint Entertainment Public Company Limited (Mr.Kanchit Kawachart) Executive Vice President - Finance