Lepanto Consolidated Mining Company: Additional Listing

February 21, 2013 PSE MEMORANDUM NO. LA-0082-13 TO : The Investing Public SUBJECT : Lepanto Consolidated Mining Company Additional Listing The Exchange approved on February 29, 2008, the application of LEPANTO CONSOLIDATED MINING COMPANY (the "Company") to list an additional 252,000,000 Class "A" common shares and 168,000,000 Class "B" common shares, or a total of 420,000,000 common shares, with a par value of P0.10 per share, to cover the Company's Stock Option Plan ("Plan"), at an exercise price equivalent to 80% of the average closing price of the Company's shares for ten (10) trading days immediately preceding the date of approval of the grant by the Company's Board of Directors. Further, pursuant to the 1:7 stock rights offering of the Company to all stockholders of record as of March 25, 2008, an additional 36,000,000 Class "A" common shares and 24,000,000 Class "B" common shares, or a total of 60,000,000 common shares, with a par value of P0.10 per share, were approved for listing on February 29, 2008 to cover the Company's Plan. Further, pursuant to the 1:3.3 stock rights offering of the Company to all stockholders of record as of December 3, 2010, an additional 33,409,662 Class "A" common shares and 22,273,108 Class "B" common shares, or a total of 55,682,770 common shares, with a par value of P0.10 per share, were approved for listing on February 9, 2011 to cover the Company's Plan. This brings the number of shares approved for listing to cover the Company's Plan to 321,409,662 Class "A" common shares and 214,273,108 Class "B" common shares. aSATHE In this connection, please be advised that an additional 2,601,394 Class "A" common shares and 1,734,270 Class "B" common shares have been availed of and fully paid under the Company's Plan. In view thereof, the listing of additional 2,601,394 Class "A" common shares and 1,734,270 Class "B" common shares availed of under the Company's Plan is set for Friday, February 22, 2013 . This brings the number of common shares listed under the Company's Plan to a total of 301,387,554 Class "A" common shares and 200,924,857 Class "B" common shares. The designated Stock Transfer Agent is hereby authorized to record and register in its books the above number of shares. For your information and guidance. (SGD.) J.V. B. ZUO III OIC, Listings Department <http://www.pse.com.ph/resource/memos/2013/LA__2013-0082.pdf> last visited April 4, 2013.