Ref. WORK 009 / 2007 July 31, 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") hadsold ordinary shares during September 20-22, 2004, received total capitalincrease 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, 2007 as follow: Purposes of the use Amount Accumulate Amount Used Remaining of proceeds stated in Used (Jan-Jun) Amount (Millions Baht) prospectus 2007 1. Invest in new studio 300 488.17 6.83 and office 263 17.00 2. Working Capital. - Bung-Fire Studio Co., Ltd. - Round-Table Television Co., Ltd. - Hua Film Tai Film Co., Ltd. - Ground Co., Ltd. 1.20 Total 563 505.17 8.03 49.80 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 495 million baht which were increased from additional land purchasing; extend the office area and constructions of the set warehouse. 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