24 May 2010

Inform details of damages incurred by fire during the unrest

(Translation) 24 May 2010 Subject: To inform the details of damages incurred by fire during the unrest, at our site last week. To: President The Stock Exchange of Thailand One of the incidents relating to political rally which turned into the unrest situation last week is fire at the Maleenont Tower which is the site of our office on the 19th of May, 2010. Thus, we want to inform the details of damages incurred upon us as follows:- 1.) The fire was happened in the area which does not occupied directly by the Group, i.e. central service area or area occupied by other tenants. 2.) The Group incurred some damages from sprinkle system's water which flooded our power control room but the repair costs were just about Baht 100,000; and 2 of our News department's vehicles with book value of about Baht 350,000 parked in front of the office were also gutted by fire. 3.) Because of the unrest in front of our office at the time our management asked for helps from the Government Authorities to evacuate our employees out off the buildings for their safety and decided to turn the broadcasting of our Channel 3 off from 15.45 p.m. of May 19, 2010 until 11.30 a.m. of May 21, 2010. The losses of our advertising revenues through out the 45 hours which we were blacked out plus another 50 hours during 11.30a.m. of May 21 to 06.00 am. this morning when we started our normal business; were estimated at about Baht 120 millions. However, we did also save some programming costs during that 95 hours, as well. Please be informed accordingly. Sincerely yours, (Chatchai Thiamtong) Vice President - Finance