Report on ESOP-W3 exercise No. 1

SET. 39/2007

3 December, 2007

Subject: Report on ESOP-W3 exercise No. 1

Attention: President The Stock Exchange of Thailand

Major Cineplex Group PLC. (The Company) has issued, under an Employee Stock Option Program, ESOP-W3. The detail of warrants as following:

Details ESOP-W3
The number of warrants 13,000,000 Units
1st Exercise Date 30 November, 2003
Exercise Price 16.77 Baht per Share
Exercise Ratio 1 Unit : 1 Common Shares
Maturity of Warrants 5 years from the issued date

The company would like to report the results on the right exercise on ESOP-W3 as at November,2007 as follows:

Details ESOP-W3
1. Exercising no. 1
2. Number of person exercised none
3. Number of person granted common shares none
4. Number of warrants exercised 0 Units
5. Number of common shares issued 0 Shares
6. Number of warrants outstanding 13,000,000 Units
7. Number of common shares to be issued 13,000,000 Shares

Please be informed accordingly,

Yours Faithfully,

(Mr. Chattaphum Khantiviriya)
Chief Financial Officer