Registration of Securities

2010 IN THE MATTER OF THE AYALA CORPORATION, registrant . REGISTRATION OF SECURITIES NOTICE Notice is hereby given that on March 16, 2010, a sworn statement was filed with the Securities and Exchange Commission by Ayala Corporation (the "Company") for the registration of up to P8,000,000,000 in aggregate principal amount of debt securities with an over subscription option of up to P2,000,000,000 of fixed rate bonds due 2017. According to the papers presented, the following persons are the officers/directors of the Company: Board of Directors As of the date of filing, the members of the Board of Directors of the Company are: Name Position Jaime Augusto Zobel de Ayala Chairman and CEO Fernando Zobel de Ayala Vice Chairman Meneleo J. Carlos, Jr. Independent Director Mercedita S. Nolledo Corporate Secretary, Senior Counsel Xavier P. Loinaz Independent Director Delfin L. Lazaro Director Nobuya Ichiki Director Key Officers Name Position Jaime Augusto Zobel de Ayala Chairman and CEO Fernando Zobel de Ayala President and CEO Gerardo C. Ablaza, Jr. * Chief Executive Officer, AC Capital Delfin L. Lazaro ** Chief Executive Officer, AC Capital Rufino Luis T. Manotok Chief Finance Officer; President, Ayala Automotive Holdings Corporation Mercedita S. Nolledo Corporate Secretary, Senior Counsel Jose Rene D. Almendras President, Manila Water Company, Inc. Antonio T. Aquino President, Ayala Land, Inc. Alfredo I. Ayala Chief Executive Officer, Livelt Investments, Ltd. Charles H. Cosgrove President, AG Holdings, Ltd. Ernest Lawrence L. Cu President, Globe Telecom, Inc. John Eric T. Francia Group Head, Corporate Strategy Victoria P. Garchitorena President, Ayala Foundation, Inc. Aurelio R. Montinola III President, Bank of the Philippine Islands John Philip S. Orbeta Group Head, Corporate Resources Arthur R. Tan President, Integrated Micro-Electronics, Inc. Jaime I. Ayala *** Senior Managing Director Rufino F. Melo III Chief Accounting Officer Solomon M. Hermosura Assistant Corporate Secretary, General Counsel and Compliance Officer Ramon G. Opulencia Treasurer Ricardo N. Jacinto Managing Director Said registration statement and other papers/documents attached thereto are open to inspection by interested parties during business hours, and copies thereof, photostatic or otherwise, shall be furnished to every party upon request, at such reasonable fees as the Commission may prescribe. (SGD.) JUSTINA F. CALLANGAN Director Published in The Philippine Star on March 19, 2010.