Reminder for the Submission of 2012 Corporate Governance Guidelines Disclosure

March 22, 2013 PSE MEMORANDUM NO. CN-0007-13 TO : All Listed Companies SUBJECT : Reminder for the Submission of 2012 Corporate Governance Guidelines Disclosure Further to PSE Memorandum No. 2013-0013, dated 07 January 2013, we would like to remind all Listed Companies of the requirement for submission of their accomplished Corporate Governance Guidelines (CG Guidelines) Disclosure for the year 2012. The Disclosure Survey is under a "comply or explain" regime wherein listed companies are required to affirm their compliance with the best practice recommendations indicated under each guideline, or explain the reason for their non-compliance and/or state any alternative action or variation they have chosen to adopt. Since the deadline for submission of 31 March 2013 falls on a weekend, we will allow companies to submit their accomplished Disclosure Surveys on the succeeding trading day, 01 April 2013, Monday. The CG Guidelines Disclosure Survey will be used as a basis for screening Listed Companies under Phase 1 of the evaluation process for the PSE 2013 Bell Awards for Corporate Governance. The PSE will validate all submissions, primarily against publicly available information. Non-submission of the CG Guidelines Disclosure will disqualify a company from consideration for the Bell Awards. ITCHSa Now in its second year, the Bell Awards will recognize five (5) Listed Companies and Six (6) Trading Participants, three (3) from the Large brokerage firm category and three (3) from the Small brokerage firm category, which have demonstrated outstanding compliance with rules and regulations and adhered to high standards of corporate governance. Criteria and Mechanics as well as other information on the Bell Awards are available in the PSE website. For your information and guidance. (SGD.) J. ARGEL G. ASTUDILLO Vice President, Governance, Risk and Compliance