IRS.010/2009 November 13, 2009 To: Secretary - General The Office of Securities and Exchange Commission, Thailand Subject: Clarification of Operating result for Quarterly 3/2009 Master Ad Plc. is the Out of Home Media providing OHM Solutions to the market. Its financialperformances for Q3/09 were as follows; With Separate Financial Statement, sales revenue was 97.35 MB, increasing by 17.38 MB or approximately equivalent to 22% raise up compared to that of Q3/08. Net income of Q3/09 was 11.10 MB, increasing by 10.50 MB or 1645 % upper when compares to net income of Q3/08. For Consolidated Financial Statement of Q3/09, sales revenue was 126.86 MB, increasing by 13.37 MB or approximately equivalent to 12% raise up compared to that of Q3/08. Net income of Q3/09 was 13.69 MB, increasing by 9.77 MB or 249% upper when compares to net income of Q3/08 The reasons for company's financial performance upside were the MACO change in management strategies to respond to OHM solution provider. Provides increased revenue from Media of Billboard and Made to order, while operation expense of sales and administration rates unchanged when compared with period in 2008. Please be kindly informed accordingly. Yours sincerely, Noppadon Tansalarak Director Phiched Maneerattanaporn Director