Reporting the use of capital increase fund.

29 January 2007
Ref. WORK 001 / 2007 January 25, 2007 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 December 31, 2006 as follow: Purposes of the Amount stated Accumulate Amount Remaining use of proceeds in prospectus Used Used Amount (Millions Baht) July-Dec'2006 1. Invest in new 300 381.54 106.63 studio and office 2. Working Capital. 263 17.0 - Bung-Fire Studio Co.,Ltd. - Round-Table Television Co.,Ltd. - Hua Film Tai Film Co.,Ltd. Total 563 398.54 106.63 57.83 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 488.17 million baht which were increased from additional land purchasing; extend the office area and constructions of the office related companies. Presently, the studio and head office have been completed, except interior decoration for related companies still being under process. Please be informed accordingly. Sincerely yours, Workpoint Entertainment Public Company Limited (Mr.Kanchit Kawachat) Executive Vice President - Finance