Alphaland Corporate Presentation

Projects (cont’d)Alphaland Tower – Status updateDescription• Strategically located along Ayala Avenue• 34-storey building with LEED (Leadership in Energy andEnvironmental Design) certification• Only new source of premium corporate office in thevicinity in 2013Alphaland Tower – South elevationOccupancy• Profiles of target tenants primarily include multinationalcorporations and financial services companiesFloor area• GFA: c. 48,000 sqm• NLA: c. 31,000 sqmEstimated timeline (1) :• December 2012: Project completion• January 2013: Commencement of operationsDevelopment cost (2) :• Total estimated development cost: PHP 3.1 billionFunding expected to come from:• Existing PHP 2.4 billion loan facility from DBP, LBP,BOC and Maybank, of which PHP 1.5 billion has beendrawn as of 30 September 2012(1) These are the completion dates currently being targeted by the Company, which are subject to a number of factors and may change from time to time.(2) These are the Company’s current expected development costs, which are subject to a number of variables and other factors, many of which are outside the control of the Company, and are basedon assumptions that include, without limitation, expected construction costs, interest rates and timetable and expected raw material and other input and development costs, many of which have notyet been contracted for the Company, and accordingly these expected development costs are subject to change from time to time.16