Apple TV to old speakers

Hi everybody,
some months ago I bought a 3rd Generation Apple TV. I always used it on my HD TV and it worked perfectly.
But I'm facing a problem in these days: I want to connect my Apple TV to my 20 inch monitor. The video works well with the HDMI to VGA adapter with a resolution of 1280x1024 (60Hz). But the problem is the audio. I've got a 2.1 audio system with just a 3,5mm jack input.
Is there a way to convert the optical audio output of the Apple TV into an analogic signal for my speakers?
Thanks in advance to everybody.
Angelo

Ok. I saw this product in the Store and I thought it would be perfect for my problem.
http://store.apple.com/us/product/H9139VC/A/kanex-atv-pro-hdmi-to-vga-adapter-wi th-audio-support?fnode=3a
What do you think?

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