BENPRES HOLDINGS CORPORATION

Benpres Holdings Corporation (BPC) was incorporated in 1993 by the Lopez family to serve as the holding company for the family's various investments. BPC was listed in the Philippine Stock Exchange on November 25, 1993. Through its subsidiaries and associates, BPC has businesses in media (ABS-CBN Broadcasting Corporation), cable (Sky Cable Corporation), telecommunications (Bayan Telecommunications, Inc.), power generation and distribution (First Philippine Holdings Corporation, First Gen Corporation, Manila Electric Company), and real estate development (Rockwell Land Corporation). Source: SEC Form 17-A (2008)