Megaworld Corporation: Additional Listing

February 21, 2013 PSE MEMORANDUM NO. LA-0081-13 TO : The Investing Public SUBJECT : Megaworld Corporation Additional Listing This is with reference to Memorandum No. 0507-2009, Circular No. 7928-2009 and Circular No. 4135-2010 dated November 26, 2009, December 10, 2009 and June 10, 2010, respectively, in connection with the approval by the Exchange of the application of MEGAWORLD CORPORATION (the "Company") to list the following: 1. 4,102,045,380 warrants ("MEGW1" and "MEGW2") to cover the 4:5 warrants offering attached to and detachable from the rights offer shares of the Company; and 2. 4,102,045,380 common shares to cover the underlying shares of the warrants subject to the actual exercise of rights of the warrants at an exercise price of P1.00 per share. As previously announced, the exercise ratio of the warrants is one (1) common share for every one (1) warrant held at an exercise price of P1.00 per common share. Further, the warrants may be exercised during business hours within the first five (5) trading days of each month beginning on the 24th month after Issue Date and until five (5) years from Issue Date. The said warrants were listed on December 14, 2009 under the Optional Payment Period and on June 15, 2010 under the Mandatory Payment Period. CHDAaS In this connection, the Company advised the Exchange that as of February 18, 2013, a total of 461,000 MEGW1 warrants have been exercised and that the 461,000 underlying common shares have been made available to the exercising warrant holders. Please refer to the table below for the summary of the warrants exercise. Security Number of Warrants Prior to this Warrants Exercise Resulting Balance Warrants Exercise MEGW1 405,751,553 461,000 405,290,553 MEGW2 481,734,452 0 481,734,452 Total 887,486,005 461,000 887,025,005 ========== ======= ========== In view thereof, the reduction in the total number of MEGW1 and MEGW2 warrants by 461,000 warrants and the listing of additional 461,000 common shares to cover the exercise of the warrants shall take effect on Friday, February 22, 2013 . This brings the remaining outstanding number of MEGW1 and MEGW2 warrants to 887,025,005 and the number of listed common shares to 3,215,020,359 arising from the exercise of such MEGW1 and MEGW2 warrants. The designated stock transfer agent shall be authorized to record and register in its books the above changes in number of shares and warrants. For your information and guidance. (SGD.) J.V. B. ZUO III OIC, Listings Department <http://www.pse.com.ph/resource/memos/2013/LA__2013-0081.pdf> last visited April 4, 2013.