Benguet Corporation: Additional Listing

March 21, 2013 PSE MEMORANDUM NO. LA-0121-13 TO : The Investing Public SUBJECT : Benguet Corporation Additional Listing Please be informed that the Board of Directors of The Philippine Stock Exchange, Inc. ("PSE" or the "Exchange"), in its regular meeting on February 13, 2013, approved the application of BENGUET CORPORATION (the "Company" or "BC"), to list additional 7,941,240 Class A common shares and 5,294,070 Class B common shares , with a par value of P3.00 per share, to cover the private placement transaction with RYM Business Management Corporation. The 7,941,240 Class A common shares were issued at P12.00 per share and the 5,294,070 Class B common shares were issued at P16.00 per share for a total transaction value of P180,000,000.00. 1 DAHCaI In view thereof, the listing of the additional 7,941,240 Class A common shares and 5,294,070 Class B common shares of the Company is set for Monday, March 25, 2013 . 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.) ANN CAMILLE H. PASTOREL OIC, Listings Department Noted by: (SGD.) MARSHA M. RESURRECCION Head, Issuer Regulation Division Footnotes 1. As disclosed in Circular No. 2253-2010 dated April 8, 2010, the Company stated that the issue prices were based on the average prices of the Company's Classes A and B shares for the last three (3) trading days prior to the execution of the Memorandum of Agreement on April 7, 2010. <http://www.pse.com.ph/resource/memos/2013/LA__2013-0121.pdf> last visited May 29, 2013.