Ref. WORK 01 / 2008 February 1, 2008 Re : Reporting the use of capital increase fund. To : President of The Stock Exchange of Thailand. Workpoint Entertainment Public Company Limited (the "Company") has sold ordinary shares during September 20 - 22, 2004. The company received total capital increase fund (net after expenses) of Baht 563 Millions with the use's objectives as specified in the prospectus of the company. The company would like to report the use of the capital increase fund as of December 31, 2007 as follow: Purposes of the Amount stated Accumulate Amount Used Remaining use of proceeds in prospectus Used (July-Dec2007) Amount (Millions Baht) 1.Invest in new studio and office 300.0 495.0 10.44 2.Working Capital 263.0 18.2 -Bung-Fire Studio Co., Ltd. -Round-Table Television Co., Ltd. -Hua Film Tai Film Co., Ltd. -Ground Co., Ltd. Total 563.0 513.2 10.44 39.36 The studio project has been specific at the amount of 300 million baht in the prospectus of the company. We have been spending in the amount of 505.44 million baht which increased from additional land purchasing for extending the office area, interior decoration for related company and constructions of the set warehouse. Presently, the studio project has been completed and remaining for working capital amount of 39.36 million baht. Please be informed accordingly. Sincerely yours, Workpoint Entertainment Public Company Limited (Mr.Kanchit Kawachat) Executive Vice President - Finance