01 02 04 13 20 24 41 42 43 45 47 48

01 80 70 60 50 40 30 20 6 306 2005 2004 (i) 942.5 1,002.0-5.9% 72.6 59.2 +22.6% 53.9 49.7 +8.5% (7.7) (13.6) -43.4% 14.6 15.4-5.2% 60.8 51.5 +18.1% 10 0 04 05 2005 2004 6 30 12 31 (i) 340.6 256.4 +32.8% 2,198.7 2,168.7 +1.4% 743.9 854.3-12.9% 317.3 227.4 +39.5% 660.3 591.1 +11.7% 60 50 40 6 306 2005 2004 (i) 1.69 1.56 +8.3% 1.91 1.62 +17.9% 0.13 30 20 10 0 04 05 2005 2004 6 30 12 31 (i) (ii) 1.13 1.45-22.1% 0.13 0.10 +30.0% (i) 1 (ii)

02 2.07530% 2.7752.90 Level Up 25%MMOG 8.5% PLDTIndofood PLDT PLDT Indofood 14 Indofood PLDT 15% 62% 30% 58% 66% Smart 98% (SMART Padala) Smart 25 8 IP PLDT SmartSmart WiFiPLDT

03 Smart INDOFOOD Indofood Bogasari Indofood Indofood Indofood Indofood METRO PACIFIC Metro Pacific Landco Pacific Mall LegaspiNaga Nenaco Nenaco

04 70 60 50 40 30 20 10 0 2004 2005 (i) 6 306 2005 2004 2005 2004 (ii) PLDT (iii) 58.8 50.9 Indofood 911.6 973.4 15.5 12.7 Metro Pacific 30.9 28.6 (1.1) (6.3) Level Up (iii) (0.6) 942.5 1,002.0 72.6 57.3 (iv) 1.9 942.5 1,002.0 72.6 59.2 (5.3) (4.2) (10.0) (6.5) (3.4) 1.2 53.9 49.7 (7.7) (13.6) (v) 14.6 15.4 60.8 51.5 (i) (ii) 1 (iii) (iv) Escotel (v) Indofood PLDT Metro PacificPacific Plaza Towers Escotel 49% 5.9% 26.7%

05 18.1% 2005 2004 2004 6 30 12 31 6 6 30 56.11 56.13 56.19 +0.1% 9,713 9,290-4.4% 9,415-3.1% 2005 2004 2004 6 30 12 31 6 6 30 6 12 6 54.91 56.12 +2.2% 56.07 +2.1% 9,443 8,978-4.9% 8,794-6.9% 6 306 2005 2004 (10.4) Indofood (5.0) (11.4) PLDT 7.7 (2.0) (0.2) (7.7) (13.6)

06 PLDT Philippine Long Distance Telephone Company (PLDT)54.91 56.071 PLDT PLDT 6 306 2005 2004 (i) 16,785 12,423 (ii) (700) (708) 16,085 11,715 (iii) 127 39 203 (1,122) (918) (iv) 150 150 15,113 11,277 (v) (1,743) 458 PLDT 13,370 11,735 2005 54.91 2004 56.07 243.5 209.3 2005 24.2% 2004 24.3% 58.8 50.9 (i) PLDT (ii) (iii) 3939 12 PLDT (iv) (v) PLDT 8.7% 2.9%

07 PLDT 52.2% 39.7% PLDT PLDT PLDT Smart Smart Piltel Talk N Text GSM 58% Smart Piltel Smart PLDT SmartSIM Smart PLDT Netopia TM Vitro TM epldt 66.0% 51.7% epldt

08 INDOFOOD PT Indofood Sukses Makmur Tbk (Indofood) 9,443 8,794 1 Indofood Indofood 6 306 2005 2004 14 121 (i) (47) 45 (69) 27 27 (67) (56) (28) 23 (ii) 312 194 Indofood 284 217 2005 9,4432004 8,794 30.1 24.7 2005 51.5% 2004 51.5% 15.5 12.7 (i) Indofood 41 Indofood (ii) Indofood 84.1% 24.9% 26.2%4.4%

09 Indomie2.4% 5515.8 5646.4 8.3% 8.7% 13.0%2,93731.1 2,59629.54.6% 18.0% 20.4% 18.9% 16.4% 25.2%28.9% Indofood 10% 20% Indofood IndofoodIndofood Indofood17.50.2 40%

10 METRO PACIFIC Metro Pacific Corporation (Metro Pacific)54.9156.07 1 Metro Pacific Metro Pacific 6 306 2005 2004 91 (9) (i) (175) (494) (1) 55 (ii) 5 4 (80) (444) (iii) (1) 9 Metro Pacific (81) (435) 2005 54.91 2004 56.07 (1.5) (7.8) 2005 75.5% 2004 80.6% (1.1) (6.3) (i) Pacific Plaza Towers (ii) (iii) Metro Pacific6% 29.2% Metro Pacific 65% Landco Ponderosa Leisure Farms Ponderosa Terrazas de Punta Fuego Pacific Mall Legaspi Landco Naga

11 Pacific Plaza Towers Pacific Plaza Towers Nenaco 16% Western Visayan

12 LEVEL UP Level Up! International Holdings Pte. Ltd. (Level Up) 25% Level Up Level Up Level UpGravity Corp.MMOG Ragnarok Gravity MMOG ROSEbeta MMOG Ragnarokbeta beta

13 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0.0 2004 12 31 2005 6 30 1.8 1.7 1.6 1.5 1.4 1.3 1.2 1.1 1.0 2005 6 30 2004 12 31 (i) (i) 141.1 1,065.0 0.13x 103.3 1,066.7 0.10x Indofood 563.5 551.9 1.02x 705.3 589.4 1.20x Metro Pacific 39.3 6.1 6.44x 45.7 (13.8) (ii) (962.7) (1,051.2) 743.9 660.3 1.13x 854.3 591.1 1.45x 2005 6 30 2004 12 31 PLDT 1,710.5 1,056.9 1.62x 2,169.4 864.3 2.51x (i) (ii) PLDT 0.6% Level Up 25.0% Indofood Metro PacificMetro Pacific PLDT

14 2005 6 30 2% 62% 243.6 123.1 624.3 15.3 1,006.3 53% 24% 2004 12 31 2% 288.9 182.8 561.3 17.1 1,050.1 28% 17% 12% 2005 2004 6 30 12 31 243.6 288.9 123.1 182.8 624.3 561.3 15.3 17.1 1,006.3 1,050.1 Indofood Indofood PLDT 2005 2004 6 30 12 31 518.5 500.4 495.8 460.7 565.6 894.0 942.3 987.0 2,522.2 2,842.1 PLDT Indofood 51.5% (A)

15 1% (i) PLDT 12.2 2.98 Indofood 5.0 1.22 (ii) 17.2 4.20 (i) (ii) Level Up (B)

16 4% 49% (i) 47% 491.9 472.3 42.1 1,006.3 472.3 42.1 491.9 1,006.3 (ii) (181.7) (5.2) (75.2) (0.3) (262.4) 290.6 36.9 416.7 (0.3) 743.9 141.6 (0.2) (0.3) 141.1 Indofood 146.8 416.7 563.5 Metro Pacific 2.2 37.1 39.3 290.6 36.9 416.7 (0.3) 743.9 PLDT 1,897.0 (277.4) 90.9 1,710.5 (i) (ii) 53 8,900 9,100 1% 54 9,300 9,500 55 9,700 1% 9,900 (i) 56 57 10,100 10,300 10,500 PLDT 1,897.0 901.8 995.2 10.0 1.7 Indofood 146.8 146.8 1.5 0.5 Metro Pacific 2.2 2.2 (ii) 141.6 141.6 2,187.6 901.8 1,285.8 11.5 2.2 (i) (ii)

17 17% 83% 837.4 168.9 1,006.3 (i) 297.5 (156.4) 141.1 Indofood 516.9 147.6 (101.0) 563.5 Metro Pacific 23.0 21.3 (5.0) 39.3 837.4 168.9 (262.4) 743.9 PLDT 1,676.0 669.5 (635.0) 1,710.5 (i) 1% 1% (i) Indofood 147.6 1.5 0.5 Metro Pacific 21.3 0.2 0.1 PLDT 669.5 6.7 1.1 838.4 8.4 1.7 (i)

18 PCI 2,100 JCI 1,200 2,050 2,000 1,950 1,900 1,150 1,100 1,050 1,850 1,800 1,000 950 2004 12 31 1,822.8 1,000.2 2005 6 30 1,924.2 1,122.4 (PCI) 2005 5.6% 12.2% (JCI) 2005 8 31 1,936.9 1,050.1 2005 6 30 2005 8 31 0.7% (6.4)%

19 5 2005 2004 4 3.83 6 30 12 31 3 2.64 2 1.69 2.78 PLDT (i) 1,218.2 999.0 Indofood (i) 497.9 378.6 1 0 Level Up (ii) 15.0 (141.1) (103.3) (iii) (24.3) (iv) 1,565.7 1,274.3 1% 29% 70% 1,218.2 497.9 15.0 1,731.1 3,186.0 3,186.0 0.49 0.40 3.83 3.12 2.78 2.08 (%) 27.4 33.3 (i) (ii) (iii) (iv) Metro Pacific Mobile-8 6 306 2005 2004 56.6 65.3 5.5 7.1 15.6 13.1 3.2 1.8 6.7 87.6 87.3 2005 2004 6 30 47,438 49,575 48,292 48,307 41

20 6 306 2005 2004 (i) 2 942.5 1,002.0 (702.7) (756.7) 239.8 245.3 (81.7) (90.2) (57.3) (64.4) (6.3) (35.4) 3 (59.2) (55.4) 71.1 49.9 4 106.4 49.8 5 (20.4) (10.6) 86.0 39.2 6 18.8 86.0 58.0 7 60.8 51.5 25.2 6.5 86.0 58.0 8 1.91 1.03 0.59 1.91 1.62 1.74 1.74 9 0.13 (i) 1

21 2005 2004 6 30 12 31 (i) 11 626.8 647.4 164.3 147.4 12 296.4 168.9 136.7 251.6 40.0 36.5 40.7 41.0 4.4 11.5 6.0 5.8 16(d) 4.7 4.7 1,320.0 1,314.8 257.7 186.6 16(d) 4.5 42.6 21.4 13 286.9 360.0 291.5 281.4 878.7 853.9 14 278.3 282.4 243.6 288.9 16.2 26.2 538.1 597.5 340.6 256.4 1,660.6 1,571.2 31.9 31.9 899.8 902.8 (614.4) (707.3) 317.3 227.4 343.0 363.7 660.3 591.1 762.7 761.2 15 96.7 107.1 116.6 111.8 24.3 1,000.3 980.1 1,660.6 1,571.2 (i) 1

22 2004 1 1 31.9 958.2 (3.4 ) (935.6) 51.1 376.7 427.8 (61.0) (61.0 ) (1.1 ) (62.1) (i) 31.9 958.2 (3.4 ) (996.6) (9.9 ) 375.6 365.7 2004 (29.0 ) (29.0 ) (35.8 ) (64.8) (33.7 ) 163.4 129.7 129.7 0.1 0.1 0.1 0.6 0.6 0.6 (1.2 ) (1.2 ) 0.6 (62.7 ) 163.5 101.4 (37.0 ) 64.4 51.5 51.5 6.5 58.0 0.6 (62.7 ) 215.0 152.9 (30.5 ) 122.4 (23.8 ) (23.8) 2004 6 30 (i) 31.9 958.2 0.6 (66.1 ) (781.6) 143.0 321.3 464.3 2004 12 31 31.9 958.2 (59.8 ) (635.7) 294.6 365.1 659.7 4.4 (71.6) (67.2 ) (1.4 ) (68.6) 1 31.9 958.2 4.4 (59.8 ) (707.3) 227.4 363.7 591.1 39 (i) 1.7 32.1 33.8 33.8 2005 1 1 31.9 958.2 4.4 1.7 (59.8 ) (675.2) 261.2 363.7 624.9 2005 (6.8 ) (6.8 ) (14.9 ) (21.7) 0.2 0.2 0.2 3.4 3.4 3.4 0.7 0.7 0.7 (2.2 ) (2.2 ) (2.2) (1.6 ) (1.6) 3.4 0.7 (2.2 ) (6.6 ) (4.7 ) (16.5 ) (21.2) 60.8 60.8 25.2 86.0 3.4 0.7 (2.2 ) (6.6 ) 60.8 56.1 8.7 64.8 (29.4 ) (29.4) 2005 6 30 31.9 958.2 7.8 2.4 (2.2) (66.4) (614.4) 317.3 343.0 660.3 (i) 1

23 6 306 2005 2004 (i) 106.4 49.8 64.6 62.4 32.7 28.0 24.3 31.6 1.3 11.8 0.5 (1.0) (14.0) (71.1) (49.9) (8.5) 14.0 (5.4) (7.0) (3.0) 8.4 9.9 149.7 136.1 (ii) 23.0 62.4 172.7 198.5 4.8 9.7 (53.8) (60.1) (37.5) (23.1) 86.2 125.0 96.3 10.0 2.2 52.5 16(a) 1.0 16(b) (28.2) (23.6) (82.9) (22.5) 16(c) (15.0) (0.2) 0.5 20.0 (29.9) 15.0 20.0 (14.9) (8.8) (66.0) 0.1 (21.7) (11.4) (30.5) (77.3) 75.7 32.8 1 1 186.6 233.3 (4.6) (18.3) 6 30 257.7 247.8 257.7 247.8 (i) 1 (ii)

24 1. 34 1 2 7 8 10 11 12 14 16 17 18 19 20 21 23 24 27 28 29 31 32 33 36 37 38 39 40 41 2 3 5

25 2,7,8,10,11,12,14,18,19,20,21,23,24,27,28,29,31,36,37,38,40 41 1 1 16 16 17 17 32 3232

26 33 33 39 39 39 39 2 2 2

27 3 3 3 5 5 2004 2004 6 30 6 30 6 1 16 32 2 5 6 88.6 (15.5) (0.5) (3.4) (0.6) (18.8) 49.8 54.7 (0.3) (2.3) (0.6) 51.5 2004 2004 12 31 16 32 12 31 2,228.3 5.5 (65.1) 2,168.7 1,568.6 9.0 1,577.6 294.6 (2.1) (65.1) 227.4 365.1 (1.4) 363.7 659.7 (3.5) (65.1) 591.1

28 2004 2004 1 1 16 32 1 1 2,213.5 7.2 (59.5) 2,161.2 1,785.7 9.8 1,795.5 51.1 (1.5) (59.5) (9.9) 376.7 (1.1) 375.6 427.8 (2.6) (59.5) 365.7 39 3 (a) 2005 6 306 16 32 39 2 3 (2.8) (0.8) 2.4 (3.4) 3.9 (0.7) (0.02) (0.02) (0.2) 9.6 0.5 9.9 (3.0) (0.8) 12.0 (3.4) 4.4 9.2 2004 6 306 16 32 2 (0.3) (2.3) (0.6) (3.2) (0.10) (0.1) (0.1) (0.4) (2.3) (0.6) (3.3)

29 (b) 2005 6 306 39 2 (1.5) 3.4 1.9 (1.5) 3.4 1.9 2004 6 306 2 0.6 0.6 0.6 0.6 2. 6 306 2005 2004 919.5 984.8 23.0 17.2 942.5 1,002.0 2005 2005 6 306 911.6 30.9 942.5 100.1 21.9 (27.5) 94.5 (59.2) 71.0 0.1 71.1 106.4 (20.4) 86.0 21.3 2.3 23.6 31.1 1.6 32.7 1.1 0.5 1.6

30 2005 2005 6 306 30.9 911.6 942.5 2.3 21.3 23.6 2004 2004 6 306 973.4 28.6 1,002.0 61.4 (1.9) (4.2) 55.3 (55.4) 50.2 (0.2) (0.1) 49.9 49.8 (10.6) 39.2 6 18.8 58.0 75.4 2.6 78.0 26.3 2.2 28.5 16.8 9.2 26.0 2004 2004 6 306 28.6 973.4 1,002.0 2.6 75.4 78.0 3. 6 306 2005 2004 0.3 64.0 60.3 0.6 1.8 64.6 62.4 (5.4) (7.0) 59.2 55.4

31 4. 6 306 2005 2004 (552.7) (595.4) 11 (32.7) (28.0) 7 (24.3) (31.6) (21.2) (16.3) (1.6) (2.8) (3.3) (2.9) (0.5) 1.0 8.5 (14.0) 3.0 1.3 5. 6 306 2005 2004 15.5 21.1 4.9 (10.5) 20.4 10.6 6 306 2005 2004 21.1 18.3 3.1 (2.8) 24.2 15.5 6. Escotel49% Escotel

32 7. 6 306 2005 2004 (24.3) (31.6) 11.4 (3.1) (12.9) (34.7) 5.2 21.1 (7.7) (13.6) IndofoodPLDT Metro PacificPacific Plaza Towers Escotel 49% 8. (i) (ii) 9. 0.13 10. (a)

33 (b) Metro Pacific2Metro Pacific Metro Pacific Metro Pacific Metro Pacific Nenaco Metro Pacific99.0% (Manila Regional Trial Court) Nenaco 11. 2005 2004 1 1 647.4 671.8 (29.0) (62.3) 23.6 78.0 (2.0) (5.0) 16(a) 2.0 4 (32.7) (28.0) (i) 17.5 (51.5) 6 30 626.8 603.0 (i) Indofood 12. 2005 6 30 2004 12 31 PLDT 252.9 140.7 Metro Pacific 24.5 26.8 Level Up 14.9 4.1 1.4 296.4 168.9

34 13. 2005 2004 6 30 12 31 0 30 121.9 145.5 31 60 26.0 6.0 61 90 6.5 12.2 90 17.8 6.6 172.2 170.3 Indofood Metro Pacific 14. 2005 2004 6 30 12 31 0 30 131.7 121.2 31 60 6.6 7.4 61 90 1.5 5.6 90 5.5 10.9 145.3 145.1 15. 2004 2005 1 1 40.9 28.3 39.6 16.3 125.1 129.6 (1.8) (0.2) (2.0) (5.1) 6.4 0.1 5.2 3.3 15.0 3.1 (9.1) (2.3) (2.3) (13.7) (18.2) (i) (19.8) 8.7 (11.1) 36.4 26.1 22.5 28.3 113.3 109.4 (1.3) (7.0) (8.3) (16.6) (20.8) 6 30 36.4 24.8 15.5 20.0 96.7 88.6 (i)

35 Asia Link B.V.ALBV Smart Communications, Inc.Smart PLDT 19(c) Metro PacificIndofood 16. (a) Indofood Silveron Investments Limited (SIL) 1.8 0.1 1.9 (i) 16.7 16.7 18.5 0.1 18.6 11 1.7 0.3 2.0 13.7 13.7 1.9 1.9 0.6 0.6 2.6 0.3 2.9 0.5 1.8 2.3 0.1 0.8 0.9 (0.8) (3.1) (3.9) (1.1) (1.1) (1.4) (1.4) (3.7) (3.7) 14.1 0.1 14.2 4.4 4.4 0.8 0.2 1.0 (i) Indofood

36 IndofoodSIL SIL PT Kebun Ganda Prima PT Citranusa Intisawit (b) PLDT24.6% (c) Level Up 25.0% (d) (e) Metro Pacific 17. (a) 2005 2004 6 30 12 31 13.1 19.1 1.4 9.1 14.5 28.2 IndofoodMetro Pacific (b)

37 18. (a) 2005 1 1 6 30 31,800,000 1.76 1.76 2004 6 1 2008 12 2005 6 2014 5 31,800,000 1.76 1.76 2004 6 1 2008 12 2005 6 2014 5 24,500,000 1.76 1.76 2004 6 1 2008 12 2005 6 2014 5 Albert F. del Rosario 2,840,000 1.76 1.76 2004 6 1 2005 6 2005 6 2014 5 2,840,000 1.76 1.76 2004 6 1 2005 6 2005 6 2014 5 Graham L. Pickles 2,840,000 1.76 1.76 2004 6 1 2005 6 2005 6 2014 5 CBE 2,840,000 1.76 1.76 2004 6 1 2005 6 2005 6 2014 5 OBE 2,840,000 1.76 1.76 2004 6 1 2005 6 2005 6 2014 5 Chevallier de L Ordre des Arts et des Lettres) 32,286,000 1.76 1.76 2004 6 1 2008 12 2005 6 2014 5 134,586,000 91 92 2 1

38 (b) Metro Pacific 2005 2005 1 1 6 30 METRO PACIFIC 5,027,259 (5,027,259) 1.91 2.37 1995 4 16 1996 4 2005 4 3,990,000 3,990,000 1.91 2.37 1995 8 1 1996 8 2005 8 315,684 315,684 3.46 3.57 1997 8 1 1997 8 2007 8 9,332,943 (5,027,259) 4,305,684 Metro Pacific93 Metro Pacific Metro Pacific Metro Pacific Metro PacificMetro Pacific Metro Pacific 10% Metro Pacific 1% (i) Metro Pacific Metro Pacific (ii) Metro Pacific Metro Pacific (iii) Metro Pacific 18

39 19. (a) Mcrae Investment LimitedMetro Pacific (b) Metro Pacific Resources, Inc. (MPRI)100% Metro Pacific 1-CMPRIMetro Pacific5.1% (c) ALBV Smart PLDT ALBV Smart Smart 1% 1% ALBV Smart ALBV Smart ALBV (d) Indofood Indofood

40 6 30 2005 2004 17.1 25.4 14.7 1.8 12.5 6.6 3.4 1.8 0.2 0.1 1.3 1.1 0.7 0.8 0.4 0.6 Indofood 4% 3%3% 1% 2005 2004 6 30 12 31 6.4 6.8 5.8 4.6 7.0 3.8 4.8 4.3 4.7 0.6 0.7 4.6 2.5 1.3 1.2 0.6 Indofood14A 43 44 20. 1

41 20 40 34 700

42 16 39 41

43 14 1. 2. 3. Graham L. Pickles 3.21 51.5% Indofood Indofood 1. Indofood Indofood

44 2. Indofood Indofood Bogasari 3. Indofood Indofood Indofood PT Indomarco Adi Prima 4. 14A 14A.37 14A.38 Indofood

45 571 (a) XV7 8 (b) 352(c) (a) (%) Ibrahim Risjad 30.0% 10.0% 10.0% 10.0% First Pacific Investments Limited (i) 790,229,364 (C) 24.80 33.3% First Pacific Investments (BVI) Limited (ii) 628,296,599 (C) 19.72 6,026,759 (P) 0.19 31,800,000 13,132,129 (P) 0.41 31,800,000 24,500,000 Albert F. del Rosario 2,840,000 2,840,000 Graham L. Pickles 2,840,000 CBE 2,840,000 (OBE Chevallier de L Ordre des Arts et des Lettres) 2,840,000 (C) = (P) = (i) SudwikatmonoFirst Pacific Investments Limited 30.0% 10.0% (ii) First Pacific Investments (BVI) Limited 33.3% (b) 15,048,064 Metro Pacific (P) 84,441 PLDT (P) 360 PLDT (P) 15,417 PLDT3,500,000 Pilipino Telephone Corporation (PTC) (P) 16,741,348 Metro Pacific (P) 104,874 PLDT (P) 15,520,335 Indofood (C) 15,520,335 Indofood (C) Ibrahim Risjad6,406,180 Indofood (P) 632,370 Indofood (P) Albert F. del Rosario85,025 PLDT (P) 1,560 PLDT (P) 32,231,970 Prime Media Holdings, Inc. (PMH) (P) 872,911 PMH (P) 100 Negros Navigation Company, Inc. (P) 4,922 Costa de Madera Corporation (P)

46 19,999 FPD Savills Consultancy Philippines, Inc. (P) 1 FPD Savills Consultancy Philippines, Inc. 15,000 Metro Pacific Land Holdings Inc. (P) 80,000 Metro Strategic Infrastructure Holdings, Inc. (P) (P) = (C) = (c) PLDT 97,571 PLDT 814 (a) XV7 8 (b) 352 (c) 336 5% (a) First Pacific Investments Limited FPIL-Liberia FPIL-Liberia 790,229,36424.80% FPIL-Liberia Ibrahim Risjad Sudwikatmono45(i)FPIL- Liberia (b) First Pacific Investments (BVI) Limited FPIL-BVI FPIL-BVI628,296,59919.72% FPIL-BVI FPIL-BVI (c) Brandes Investment Partners, L.P. (Brandes)Brandes 257,842,7078.09% Brandes Brandes 286,735,457 9.00% (d) Marathon Asset Management Limited Marathon Marathon 224,582,1737.05% Marathon XV 2 3 5%

47

48 * * (852) 2842 4388 (852) 2845 9243 info@firstpac.com.hk Canon s Court 22 Victoria Street Hamilton HM12, Bermuda (1 441) 295 1443 (1 441) 295 9216 www.applebyservices.com 2,000 3,185,993,003 00142 142 HK 0142.HK 1 FPAFY CUSIP 335889200 1 5 Butterfield Fund Services (Bermuda) Limited Rosebank Centre 11 Bermudiana Road Pembroke HM08, Bermuda (852) 2862 8628 (852) 2865 0990/(852) 2529 6087 hkinfo@computershare.com.hk www.firstpacco.com (852) 2842 4374 (852) 2845 9243 info@firstpac.com.hk www.firstpacco.com

PHILIPPINE LONG DISTANCE TELEPHONE COMPANY PLDT ArchipelagoPLDT Smart Communications, Inc. PLDT epldtpldt 24.6% 31.6% PLDT www.pldt.com.ph PT INDOFOOD SUKSES MAKMUR TBK IndofoodIndofood IndofoodBogasari Indofood Indofood 51.5% Indofood www.indofood.co.id METRO PACIFIC CORPORATION Metro PacificMetro Pacific Landco Pacific Corporation Pacific Plaza Towers Negros Navigation Co., Inc. 75.5% Metro Pacific www.metropacific.com LEVEL UP! INTERNATIONAL HOLDINGS PTE LTD Level Up Level Up MMOG 25.0% Level Up www.levelupgames.com

(852) 2842 4388 (852) 2845 9243 info@firstpac.com.hk www.firstpacco.com www.firstpacco.com An English version of this interim report is available at www.firstpacco.com or from the Company on request.