Creating Landmarks. Setting Standards. Building Relationships

Briefing for

Mr. Chapman Taylor

Capital International

Ayala came to Cebu 20 years ago

• Developed CBP, first masterplanned business district in Cebu

• Created a new business hub & triggered shift from downtown area

• Revolutionized the lifestyle of Cebuanos

• Raised the standards in real estate

• Catalyzed economic growth

HISTORY

1989 199519941990

Cebu Business Park

2001

Creating Landmarks. Setting Standards. Building Relationships.

IPO

Acquisition of Cebu Property Ventures and Dev’t Corp (CPVDC) stocks

Asiatown IT Park declared Special Economic Zone

Ayala Center Cebu

Inception of CHI

1988

• An affiliate company of Ayala Land, Inc. engaged in real property development, marketing and management in Cebu

76% Subsidiary of Cebu Holdings, Inc.

Real Estate Arm of Ayala Corporation

Ayala Land, Inc. 47.06 %

Santiago Land 15.45 %

First Metro Investments 10.00%

Public 27.49 %

100%

Ownership Structure

A subsidiary of Cebu Holdings, Inc.

Cebu Holdings, Inc. 76.26 %

Province of Cebu 8.28 %

Ayala Land, Inc. 6.74 %

Public 8.72%

100%

Cebu Holdings, Inc.

I n i t i a t i v e s

Cebu Holding, Inc.

-the first full-line real estate company to be certified to the three management systems standards

Quality(ISO 9001:2000)

Environment(ISO 14001:2004)

Health & Safety(OHSAS 18001:1999)

-Ayala Center Cebu, the first mall in the Philippines to be certified to the three management systems standards

To uphold quality of products and servicesMinimize environmental impactProvide a healthy and safe working environment

Projects

Cebu Business Park Cebu City

•New locators: Pioneer House/Cebu IT Tower/Lexmark2/Security Bank

•Under construction: RCBC, Lexmark1, Creativo, Tower Palace

•a 50-hectare integrated business and commercial community developed in 1990

•Major components: shopping and entertainment center, high rise

residential buildings, office buildings, sports club and business hotel

•CHI’s flagship project

Ayala Center Cebu Cebu Business Park, Cebu City

•The shopping, entertainment and recreational destination of VisMin

•The centerpiece of Cebu Business Park covering 9 hectares

Ayala Center Cebu-Expansion Building Cebu Business Park, Cebu City

Launched on July 9, 2007Gross Leasable Area: 5,783 sqm

Mall’s Total GLA: 86,000 square meters

Ayala Center Cebu Cebu Business Park, Cebu City

The TerracesAyala Center Cebu(alfresco Dining and outdoor entertainment)Soft-opened on October 30, 2008

City Sports Club Cebu Cebu Business Park, Cebu City

•Cebu’s First and Only World-Class Urban Resort

•Offers Sports and Recreation, Health and Fitness Facilities and Food & Beverage

Office Condo: Cebu Holdings Center Cebu Business Park, Cebu City

•The first condo to rise at Cebu Business Park

•9 storeys

•Sold Out in 1996

•corporate headquarters of CHI and other major Cebu-based companies

Office Condo: Ayala Life-FGU Center Cebu Cebu Business Park

•Upper-mid office condominium

•16 storeys; 96 units

•Proximity to Ayala Center Cebu

and to the banking and financial row

•completed, August 1998

Residential Condo (High End) Cebu Business Park, Cebu City

• 15 storeys / 112 units

• Sold out in 1997

Park Tower One

• 15 storeys / 81 units

• Sold out in 2005

Park Tower Two

Cebu City Marriott Hotel Cebu Business Park, Cebu City

• 303-room businessman’s hotel

• Opened in 1998

Residential lots: (ALP) Amara Catarman, Liloan, Cebu

•Seaside Residential Subdivision•Envisioned to provide the ideal Cebuano residential enclave of living near the sea to nurture relationships•Derived from the Spanish word for the mooring rope used to anchor ships at port •Amara - connotes a home where a family will find safe harbor

Commercial Lots / Mixed Use: Asiatown IT Park Cebu City

•A 24-hectare integrated mixed-use business park

•Approved by the Philippine Economic Zone Authority Board as an economic zone on April 6, 2000

•Granted Presidential Proclamation # 12 last February 27, 2001 as an Information Technology Special Economic Zone

Office Leasing: eOffice One Asiatown IT Park, Cebu City

•Pre-engineered Modular Building System that caters to Asiatown I.T. locators

•Locators: NEC, NKC Conveyors, Tsuneishi Heavy Industries, PeopleSupport, NCR Cebu Development Center

Asiatown IT Park Cebu City

eBloc Tower – 12 storey office building - GLA 21,000 sqm - project of Asian i-Office Properties - scheduled for completion – Q4 2008 - 12 storey office building - GLA 21,000 sqm (office space); 1,700 sqm (retail space)

eBloc Tower

Retail Development, Asiatown IT Park Cebu City

Retail Development• 2,500 square meters• opened in June 2008

Nature Park: Kan-irag Nature Park Cebu City

- A showcase nature park envisioned to be economically self-sustaining and value-adding to Cebu while attaining world class goals for watershed management and biodiversity

Creating Landmarks. Setting Standards. Building Relationships