East West Banking Corporation: Release of Shares under Lock-up

May 9, 2013 PSE MEMORANDUM NO. LA-0179-13 TO : The Investing Public SUBJECT : East West Banking Corporation Release of Shares Under Lock-up This is with reference to Memorandum LA_IPO_2012-0204 dated May 3, 2012, regarding the initial listing of 1,128,409,610 common shares of EAST WEST BANKING CORPORATION ("EW" or the "Bank") , with a par value of P10.00 per share, under the First Board of the Exchange. The said common shares of the Bank were listed on May 7, 2012 ("Listing Date"). In relation thereto, the Exchange received on May 8, 2013, a letter from Hongkong and Shanghai Banking Corporation Ltd. (the "Escrow Agent"), advising the Exchange that the effective date of the removal of the 300,000,000 common shares (the "Escrow Shares") held by Filinvest Development Corporation and FDC Forex Corporation from the custody of the Escrow Agent is May 7, 2013. The Escrow Shares were held in escrow in compliance with the three hundred sixty-five (365)-day lock-up requirement of the Exchange which commenced on the Listing Date. The Escrow Agreement was executed by the Bank, the Escrow Agent, Filinvest Development Corporation and FDC Forex Corporation on April 26, 2012. The details of the Escrow Shares are as follows: ISDCHA Name of Shareholder No. of Shares Filinvest Development Corporation 180,000,000 FDC Forex Corporation 120,000,000 Total 300,000,000 ========== In view thereof, the 300,000,000 common shares of the Bank previously locked-up shall be eligible for trading on the Exchange commencing on Friday, May 10, 2013 . For your information and guidance. (SGD.) J.V. B. ZUO III OIC, Listings Department Noted by: (SGD.) MARSHA M. RESURRECCION Head, Issuer Regulation Division <http://www.pse.com.ph/resource/memos/2013/LA__2013-0179.pdf> last visited May 31, 2013.