Alphaland Corporation: Lifting of Trading Suspension

February 28, 2013 PSE MEMORANDUM NO. DA-0111-13 TO : The Investing Public and Trading Participants COMPANY : Alphaland Corporation Lifting of Trading Suspension This is with reference to Memorandum DA-No. 2012-0379 dated December 28, 2012 pertaining to the trading suspension implemented on the shares of listed companies that are non-compliant with the minimum public ownership requirement of the Exchange. In relation thereto, Alphaland Corporation ("ALPHA" or the "Company"), in a disclosure dated February 28, 2013 which was released via Circular No. 1868-2013 dated February 28, 2013, stated that: Alphaland Corporation ("ALPHA" or the "Company") wishes to inform the Philippine Stock Exchange (the "Exchange") that it has complied with the 10% minimum public ownership requirement (the "MPO Requirement"). As previously disclosed to the Exchange, Alphaland Holdings (Singapore Pte.) Ltd. ("AH"), a shareholder of the Corporation, sold 49,608,000 common shares of stock of the Corporation ("Sale Shares") at a price of Php19.00 per share last December 31, 2012. Further to our letter dated 8 February 2013, the Company wishes to inform the Exchange that the company received the certificate authorizing registration and tax clearance certificate from the Bureau of Internal Revenue earlier this morning. Consequently, the buyer is now recorded as the stockholder of record of the Sale Shares in the stock and transfer book of the Company. With this, the public ownership in the Corporation has increased from 8.03% to 10.53%. . . . EHcaAI xxx xxx xxx Given the foregoing, please be advised that the suspension on the trading of the Company's shares will be lifted at 9:00 a.m. tomorrow, March 1, 2013. For the information and guidance of the investing public. (SGD.) HANS B. SICAT President and CEO ATTACHMENT Alphaland Corporation February 28, 2013 Philippine Stock Exchange, Inc. 3rd Floor, Tower 1 PSE Plaza, Ayala Triangle Ayala Ave., Makati City Attention : Ms. Janet A. Encarnacion Head, Disclosure Department Ladies and Gentlemen: Re: Minimum Public Ownership Compliance Alphaland Corporation ("ALPHA" or the "Company") wishes to inform the Philippine Stock Exchange (the "Exchange") that it has complied with the 10% minimum public ownership requirement (the "MPO Requirement"). As previously disclosed to the Exchange, Alphaland Holdings (Singapore) Pte. Ltd. ("AH"), a shareholder of the Corporation, sold 49,608,000 common shares of stock of the Corporation ("Sale Shares") at a price of Php19.00 per share last December 31, 2012. Further to our letter dated 8 February 2013, the Company wishes to inform the Exchange that the Company received the certificate authorizing registration and tax clearance certificate from the Bureau of Internal Revenue earlier this morning. Consequently, the buyer is now recorded as the stockholder of record of the Sale Shares in the stock and transfer book of the Company. With this, the public ownership in the Corporation has increased from 8.03% to 10.53%. Enclosed with this letter is a Secretary's Certificate executed by the undersigned certifying to the foregoing facts. In this regard, ALPHA respectfully reiterates its requests for the Exchange to lift the trading suspension imposed on the Company's shares for its previous non-compliance with the minimum public ownership requirement. DETACa We trust in prompt and favorable action on our request. Thank you very much. Very truly yours, (SGD.) Rodolfo Ma. A. Ponferrada Corporate Information Officer REPUBLIC OF THE PHILIPPINES ) MAKATI CITY, METRO MANILA ) S.S. Secretary's Certificate I, Rodolfo Ma. A. Ponferrada , of legal age, Filipino and with office address at The Penthouse, Alphaland Southgate Tower 2258 Chino Roces Avenue corner EDSA, Makati City, after being sworn in accordance with the law, hereby certify that: 1. I am the Corporate Secretary of ALPHALAND CORPORATION (the "Corporation"), a corporation duly organized and existing under the laws of the Republic of the Philippines, with office address at The Penthouse, Alphaland Southgate Tower, 2258 Chino Roces Avenue corner EDSA, Makati City; 2. On December 31, 2012, Alphaland Holdings (Singapore) Pte. Ltd. ("AH"), a shareholder of the Corporation, sold 49,608,000 common shares of stock of the Corporation ("Sale Shares") to a qualified buyer; 3. All necessary taxes have been paid for the sale; 4. The Bureau of Internal Revenue has issued the appropriate Certificate Authorizing Registration and Tax Clearance Certificate for the sale; 5. As of the date of this certificate, the qualified buyer is now recorded as the stockholder of record of the Sale Shares in the stock and transfer book of the Corporation; ETHIDa 6. With the transfer of the Sale Shares from AH, the public ownership in the Corporation has increased from 8.03% to 10.53%; 7. The foregoing are in accordance with the records of the Corporation. IN WITNESS WHEREOF, I have hereunto affixed my signature this February 28, 2013, at Makati City, Metro Manila. (SGD.) RODOLFO MA. A. PONFERRADA Corporate Secretary SUBSCRIBED AND SWORN to before me this February 28, 2013, affiant exhibiting to me his Passport No. EB3482290 issued on 25 August 2011 at DFA-Manila. Doc. No. 278 Page No. 104 Book No. II Series of 2013. <http://www.pse.com.ph/resource/memos/2013/DA_2013-0111.pdf> last visited May 6, 2013.