IRS.012/2010 August 9, 2010 To: Secretary - General The Office of Securities and Exchange Commission, Thailand Subject: Clarification of Operating result for Q2/2010 Master Ad Plc. is the Out of Home Media providing OHM Solutions to the market. Its financial performances for Q2/2010 were as follows; With Separate Financial Statement, sales revenue was 80.22 MB, increasing by 11.58 MB or approximately equivalent to 16.88% more than compared to that of Q2/2009. Net income of Q2/2010 was 7.57 MB, increasing by 5.22 MB or 222.35% upper when compares to net income of Q2/2009. For Consolidated Financial Statement of Q 2/2010, sales revenue was 112.49 MB, increasing by 13.43 MB or approximately equivalent to 13.56% more than compared to that of Q2/2009. Net income of Q2/2010 was 13.42 MB, increasing by 6.99 MB or 108.76% upper when compares to net income of Q2/2009 Cause results of Separate Financial Statements and Consolidated Financial Statement Q2/2010 of revenue to increase. Because overall economic picture of Q2/2010 continues to grow steadily. Especially real estate. Waiver of tax measures to transfer home Due in June 2010 cause to resulted in operators related to real estate. Thum increased advertising budget to compete in a short term. Resulting in Q2/2010 the company has sales and service revenue increased. Especially Billboard large format. Net profit for the overall increase was reflected in the revenue from sales and services increased and the cost of advertising most of the main costs are fixed costs. So if there is more revenue or more of the media will reflect the profits. And in the operation expense the Company continues to manage and control the appropriate. Please be kindly informed accordingly. Yours sincerely, Noppadon Tansalarak Director Phiched Maneerattanaporn Director