AsiaPay TV Trust

Subscribers                                                       ARPU (TWD)
Basic Cable TV                        755K               537  
Premium Cable TV                  123K               207
Broadband                                180K               543

Revenue                          $78,693K
APTT EBITDA               $51,790K
 Nett Assets                     $1,321,058K
NAV                                92 cents
Total Borrowings            $943m
Total Interest Rate Cost  4%
Gearing                            38.9%
Interest Cover                  4
Gross Debt/EBITDA       4.8X
Sing$ to NT (1:23.578)