1st Quarter 2015 Investor’s Briefing Financial and Operating Results

May 7, 2015

ABS-CBN Investor Presentation 1

4,080 4,136

4,111 4,255

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

1Q'14 1Q'15

Ad Revenues Consumer Sales

ABS-CBN Investor Presentation 2

Revenues - Reported

8,191 8,391 2.4%

3.5%

1.4%

For the period ended March 31, 2015

2,331 2,334

2,345 2,639

2,740 2,648

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

1Q'14 1Q'15

3.4%

Costs and Expenses

ABS-CBN Investor Presentation 3

For the period ended March 31, 2015

Production

Costs

Cost of Sales

& Services

GAEX 0.1%

Production costs down 3.4%

12.5%

7,416 7,621 2.8%

Financial Summary

ABS-CBN Investor Presentation 4

Net Revenues

In PHP Millions

For the period ended March 31, 2015

538 569

0

100

200

300

400

500

600

700

800

900

1,000

1Q'14 1Q'15

EBITDA Net Income

1,764 1,823

0

500

1,000

1,500

2,000

2,500

3,000

1Q'14 1Q'15

2.4%

3.3% 5.8%

8,191 8,391

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

1Q'14 1Q'15

Business Segments - Reported

ABS-CBN Investor Presentation 5

In Php Millions Revenues EBITDA Net Income

1Q'15 1Q'14 % Ch 1Q'15 1Q'14 % Ch 1Q'15 1Q'14 % Ch

A. TV and Studio 6,130 6,287 -2.5% 1,659 1,565 6.0% 902 720 25.3%

Margins 27.1% 24.9% 14.7% 11.5%

B. Pay TV Networks 1,960 1,838 6.6% 411 415 -1.0% 17 41 -58.5%

Margins 21.0% 22.6% 0.9% 2.2%

C. New Businesses 442 105 321.0% -247 -216 -14.4% -350 -223 57.0%

D. Eliminations -141 -39

TOTAL 8,391 8,191 2.4% 1,823 1,764 3.3% 569 538 5.8%

Margins 21.7% 21.5% 6.8% 6.6%

*** Numbers presented are net of ABS-CBNmobile TVCs.

For the period ended March 31, 2015

Our TV and Studio business has continued to strengthen…

TV and Studio - Broadcast

ABS-CBN Investor Presentation 6

In PHP Millions

Broadcast revenues increased by 1.8% fuelled by ABS-CBN’s continued leadership in audience shares and ratings. For primetime, Ch2 continues to lead in audience share receiving

49% share nationwide. With the company’s continuous cost reduction initiatives, production costs declined by 1.4%.

3,997 4,067

1Q'14 1Q'15

Net Revenues

2,744 2,706

1Q'14 1Q'15

Direct Costs

1.4% 1.8%

1st Quarter Highlights

* Net of ABS-CBNmobile TVCs

New Concept: Musical competition that transforms

celebrities to be able impersonate musical icons.

TV and Studio - Broadcast

ABS-CBN Investor Presentation 7

1st Quarter 2015 Top 10 Programs

Rank Channel Program Share

1 ABS-CBN DREAM DAD 29.4 Weekday

2 ABS-CBN FOREVERMORE 28.2 Weekday

3 ABS-CBN YOUR FACE SOUNDS FAMILIAR SUNDAY

27.5 Weekend

4 ABS-CBN MMK ANG TAHANAN MO 27.1 Weekend

5 ABS-CBN YOUR FACE SOUNDS FAMILIAR SATURDAY

26.1 Weekend

6 ABS-CBN TV PATROL WEEKDAY 25.2 Weekday

7 ABS-CBN THE VOICE OF THE PHILIPPINES SUNDAY

23.7 Weekend

8 ABS-CBN RATED K HANDA NA BA KAYO?

23.5 Weekend

9 ABS-CBN

ANG TINIG NATIN THE ULTIMATE KAPAMILYA SONG HITS

23.0 Weekend

10 ABS-CBN Bridges of Love 22.9 Weekday

Source: Kantar Media, January – March 2015

CHANNELS TOTAL DAY PRIMETIME

Total PH

Mega Metro Total

PH Mega Metro

ABS-CBN 2 42 31 33 49 34 37

GMA 7 35 40 35 32 40 35

TV 5 9 12 10 8 10 10

Others 14 18 23 11 17 20

1st Quarter 2015 Audience Share

TV and Studio - Global

ABS-CBN Investor Presentation 8

1,515 1,311

1Q'14 1Q'15

Net Revenues

Global Viewership

890 773

1Q'14 1Q'15

Cost of Sales and Services Global’s subscription business continues to grow, increasing by 2% versus last year. Overall viewership count increased by 3%. We continue to experience a double-digit subscriber growth in Canada, and single-digit growth in other territories.

2,522

2,786 2,844

2,990

2012 2013 2014 1Q'15

In PHP Millions

13.5%

13.1%

Movies Distributed for the 1st Quarter

1Q’14 1Q’15

Girl Boy Bakla Tomboy Praybeyt Benjamin 2

Bride for Rent Feng Shui

Starting Over Again Crazy Beautiful You

297 187

1Q'14 1Q'15

Costs of Sales and Services

ABS-CBN Investor Presentation 9

For the 1st quarter of 2015, the group released 4 movies and distributed Cinema One’s highly acclaimed movie That Thing Called Tadhana. The group was able to maintain its margin as it continues to be aware of the company’s cost management initiatives.

TV and Studio - Films and Music

In PHP Millions

37.0%

30.0%

660

462

1Q'14 1Q'15

Net Revenues

1Q’14 1Q’15

Girl Boy Bakla Tomboy Praybeyt Benjamin 2

Pagpag Feng Shui

Bride for Rent Crazy Beautiful You

Starting Over Again Halik sa Hangin

* Sa Ngalan ng Ama * That Thing Called Tadhana

1st Quarter Releases

* Distribution only.

TV and Studio - Narrowcast and Sports

ABS-CBN Investor Presentation 10

234 299

1Q'14 1Q'15

Net Revenues

27.8%

In PHP Millions

The release of Cinema One’s original movie “That Thing Called Tadhana” in the mainstream cinemas fuelled the growth for the group with more that Php1 00M in box office sales. Our publishing arm’s venture into consumer books further drove the revenues with successful releases such as “Stupid is Forever” and “Dear Alex”.

149 165

1Q'14 1Q'15

Direct Costs

10.7%

“Stupid is Forever” broke sales records with over 150,000 copies sold in eight

weeks from its launch

Pay TV Networks - SkyCable

ABS-CBN Investor Presentation 11

In PHP Millions

1,838 1,960

1Q'14 1Q'15

Net Revenues Total revenues grew by Php 122M driven by a 5% increase in cable revenues and 34% increase in broadband revenues. Our broadband subscriber base continues to expand, growing by 28% in 2015.

6.6%

1,229 1,343

1Q'14 1Q'15

Costs and Expenses

858 873

1Q'14 1Q'15

9.3%

Over 40 HD channels currently being offered

1st Qtr Cable and Broadband Subscribers

Cable + Broadband

• Launched February 2015.

• More than 300,000 boxes to date.

• Target: 1M boxes by year-end.

• We aim to put up 5 more transmitters in the

Vis Min Area by end of this year.

Digital Terrestrial TV (DTT)

ABS-CBN Investor Presentation 12

- Viewing clarity

- New channels

- No monthly fee

TRANSFORMATIVE

EXPERIENCE FOR THE FAMILY

ABS-CBN Investor Presentation 13

1,581 1,481

1,237

42 40 41

-

20

40

60

80

100

-

400

800

1,200

1,600

2,000

Jan Feb Mar

EOP ARPUIn

Th

ou

san

ds

Capital Expenditures

ABS-CBN Investor Presentation 14

In P

HP

Mill

ion

s

Spent Php 1.5B out of the Php 8.5 budget for 2015

150

885 420

1,062

2,264 3,675

-

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

Program Rights Pay TV and Digital Initiative Maintenance and Others

1Q'15 Remaining Balance

1,212

3,149

4,095

Balance Sheet Highlights

ABS-CBN Investor Presentation 15

Ratios 2014 1Q’15

Current 2.1 1.9

Debt-to-Equity 0.8 0.8

Net Debt-to-Equity 0.3 0.3

In PHP Millions

67,237 68,126

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

2014 1Q'15

Total Assets

20,325 20,308

0

5,000

10,000

15,000

20,000

25,000

30,000

2014 1Q'15

Total Borrowings

26,875 26,512

0

5,000

10,000

15,000

20,000

25,000

30,000

2014 1Q'15

Equity

13,238 12,675

0

4,000

8,000

12,000

16,000

20,000

2014 1Q'15

Cash

Except for historical and operating data and other information of historical matters, the statements contained herein are “forward-looking statements”. The words “believe”, “intend”, “plan”, “anticipate”, “continue”, “estimate”, “expect”, “may”, “will” or other similar words are frequently used to indicate these forward looking statements. Any such forward-looking statement is not a guarantee of future performance and involves a number of known and unknown risks, uncertainties and other factors that could cause the actual performance, financial condition or results of operation of ABS-CBN to be materially different from any future performance, financial condition or results of operation implied by such forward-looking statement.

ABS-CBN Investor Presentation 16

THE END

ABS-CBN Investor Presentation 17