CITYLAND

DEVELOPMENT

CORPORATIONCITYLAND

Novernber 11. 2015

TI{E PHILIPPIIT{II, STOCK EXCHANGE, IFIC.l)isclosure Department3Ir Philippine Stock Ercirange PlazaAy-ala Triangle, A3'ala Avenue, Makati City

ATTEF{TION: JANET A. ENCARNACIONI{ead - Disciosure l}epartment

This is to intbrm you that the Securities and Exchange Commission (SEC) - Markets and SecLrritiesRegulaticn Department (MSRD) called to iuform us regarding the approlal r:f Short-TermCommercial Papers of CitS,land Developrnent Corporation (CDC) in the amount of One BillionTwo Hundred Million Pesos (Php1,200"000,000).

We will be sLrbrnitting the SEC Permit atd Order issued in favour of CDC authorizing the sale anddistribution of the aforernentioned securities as soon as we receive such from the SEC.

i'hank you very much.

Ver1. truly yours,

RTIDY GOSenior Vice President / Cornpliarce Officer

2Fl3F CITYLAND CONDOMINIUM l0 TOWERS I & 2, .l56

H,V: DELA COSTA ST., SALCEDO VILLAGE, MAIGTI 1226PO. BOX 5000 MAKATI l29O TEL. #: 893-60-60 FAX #: 892-8656 www,citylond.net