PNOC ENERGY DEVELOPMENT CORP. List of Top 100 Stockholders 'March 31, 2007' Rank Shareholder# N a m e/A d d r e s s Citizenship Class CodeNumber of Shares Percentage 1 2550002585 PHILIPPINE NATIONAL OIL COMPANY (PNOC) FILIPINO A 8,999,999,991.00 60 MERRITT ROAD, FORT BONIFACIO TAGUIG CITY

2 2550004766 PCD NOMINEE CORPORATION (FOREIGN) FOREIGNER A 5,253,856,354.00 35.025709 PCD

3 2550002593 PCD NOMINEE CORPORATION (FILIPINO) FILIPINO A 724,790,646.00 4.831938 27/F THE ENTERPRISE BLDG. AYALA AVE., MAKATI CITY

4 2550004855 DOMINGO U. LIM FILIPINO A 2,000,000.00 0.013333 471 QUINTIN PAREDES ST., BINONDO, MANILA

5 2550004928 ALG HOLDINGS CORPORATION FILIPINO A 700,000.00 0.004667 FDC BLDG. 173 P. GOMEZ ST. SAN JUAN,

6 2550001949 MANUEL S. OGENA FILIPINO A 600,000.00 0.004 7 Bangkok St., Filinvest Eastville Subdivision Antipolo City

7 2550000211 THE INSULAR LIFE ASSURANCE CO, LTD FILIPINO A 600,000.00 0.004 ILCC, Filinvest, Alabang Muntinlupa City

8 2550000130 ROSALIND CAMARA FILIPINO A 531,000.00 0.00354 SUITE 25, ELENA APTS., 512 ROMERO SALAS ST. ERMITA, MANILA

9 2550004782 PETER MAR &/OR ANNABELLE C. MAR FILIPINO A 400,000.00 0.002667 27 LUXURY PLAZA TOWNHOMES CELERY DRIVE, VALLE VERDE 5, PASIG CITY

10 2550002015 MARCELINO M. TONGCO FILIPINO A 330,000.00 0.0022 Unit 606 Southpointe Townhomes, Edison Avenue Para¤aque City, Metro Manila

11 2550004774 NORTHWEST INSURANCE & SURETY CO., INC. FILIPINO A 300,000.00 0.002 2F NISCO BUILDING 272 DASMARINAS ST. BINONDO, MANILA 2F NISCO BUILDING 272 DASMARINAS ST. BINONDO, MANILA

12 2550003800 HANS T. SY FILIPINO A 300,000.00 0.002 1000 BAY BLVD SM CENTRAL BUSINESS PARK BLDG B Pasay City

13 2550002087 EDGAR V. CADUNGOG FILIPINO A 250,000.00 0.001667 Baguioville Subd., San Pablo Ormoc City

14 2550000090 CATHERINE L. TAN FILIPINO A 250,000.00 0.001667 48 R. MAGSAYSAY AVE. DAVAO CITY

15 2550000089 MIGUEL T. TAN FILIPINO A 250,000.00 0.001667 48 R. MAGSAYSAY AVE. DAVAO CITY

16 2550000301 ENGRACIO A. SANCHEZ FILIPINO A 220,000.00 0.001467 153 Tanauan St., Ayala Alabang Vill., Muntinlupa City -

17 2550001843 AGNES C. DE JESUS FILIPINO A 200,000.00 0.001333 6 VISTA REAL AVE., VISTA REAL VILLAGE BALARA

18 2550001815 DANILO M. CAPAPAS FILIPINO A 200,000.00 0.001333 C/O PNOC EDC

19 2550001698 ASUNCION J. ESPINA FILIPINO A 200,000.00 0.001333 100 BALETE DRIVE QUEZON CITY

20 2550000121 DANIEL D. TAGAZA FILIPINO A 200,000.00 0.001333 24 ESCUDO ST., MERALCO VILLAGE TAYTAY, RIZAL

21 2550001977 ELVIRA L. PUNSALAN FILIPINO A 195,000.00 0.0013 B2L1 Cordillera St., Country Homes Subd. Muntinlupa City

22 2550001908 ESPERANZA C. LEE FILIPINO A 155,000.00 0.001033 19 Twinpeaks Drive Blueridge, Quezon City

23 2550001823 DANILO C. CATIGTIG FILIPINO A 150,000.00 0.001 717 VILLA PASTORA, BATINGUEL DUMAGUETE CITY

24 2550000007 GRIFFITH T. GO FILIPINO A 150,000.00 0.001 2101 Horizon Condo, Meralco Ave. Pasig City

25 2550000307 PAN MALAYAN MANAGEMENT AND INVESMENT CORPORATION FILIPINO A 150,000.00 0.001 48/F Yuchengco Tower, RCBC Plaza 6819 , Makati City

26 2550000132 MARIA ANTONIETTA T. PAMINTUAN FILIPINO A 128,000.00 0.000853 APT 2E VERMONT TOWERS, J. NAKPIL ST. MALATE, MANILA

27 2550002073 EMILIANO C. ARGONCILLO FILIPINO A 125,000.00 0.000833 428 Baguioville, San Pablo Ormoc City

28 2550000170 JOSE E. ENCINARES FILIPINO A 125,000.00 0.000833 B19, L32/34, SOUTH FAIRWAYS HOMES CLASSIC LANDAYAN, SAN PEDRO LANDAYAN, SAN PEDRO

29 2550002568 ALFRED L. TAN FILIPINO A 123,000.00 0.00082 UNIT 604 ELIZABETH MANSION 154 N. DOMINGO ST. CUBAO, QUEZON CITY

30 2550002391 NEIL VIC DIVINAGRACIA FILIPINO A 120,000.00 0.0008 National Highway, Look Sibulan, Negros Oriental

31 2550001884 ROMERICO C. GONZALEZ FILIPINO A 120,000.00 0.0008 089 SAMPAGUITA ST BAGUMBAYAN DARAGA ALBAY

32 2550000214 WILLIAM FONG FILIPINO A 112,000.00 0.000747 #38 Cabbage St, Valle Verde 5 Pasig City

33 2550001935 MARIA MONETTE C. MENDOZA FILIPINO A 108,000.00 0.00072 141-C E. Mendoza St., Bo. Ilaya Buting, Pasig City

34 2550004898 CO CHIN SAM FILIPINO A 100,000.00 0.000667 485 QUINTIN PAREDES ST. BINONDO, MANILA

35 2550003834 CATHERINE L. TAN FILIPINO A 100,000.00 0.000667 48 R. Magsaysay Street Davao City

36 2550003827 RICARDO S. TAN FILIPINO A 100,000.00 0.000667 33 GEN GUTIERREZ STREET SAN JUAN METRO MANILA 37 2550002473 PAUL A. AQUINO FILIPINO A 100,000.00 0.000667 51 Queensville St. White Plains Quezon City

38 2550002462 ALAN Y. ASTORGA FILIPINO A 100,000.00 0.000667 091-A ROSAL ST ST. CHRISTOPHER II SUBD MAYAPA CALAMBA CITY, LAGUNA

39 2550002190 GINO P. DELA CRUZ FILIPINO A 100,000.00 0.000667 L. Rovira St., Bantayan, Dumaguete City

40 2550001990 MICHAEL R. RODRIGUEZ FILIPINO A 100,000.00 0.000667 #1 Road 10-E, Cor. 10th St., UPS 5 Para¤aque City

41 2550001879 EVELYN A. GIBERSON FILIPINO A 100,000.00 0.000667 1609 MAIN ST. PACO MANILA

42 2550000112 ROMULO/MARIA HITOSIS FILIPINO A 100,000.00 0.000667 049 VILLAMARZO ST., KIDAPAWAN CITY KIDOTREMCO, KIDAPAWAN PILOT ELEM SCHOOL, KIDAPAWAN CITY

43 2550003561 MANUEL C. PAETE FILIPINO A 93,000.00 0.00062 815 Banuyo St. Fatima, Cogon Ormoc City

44 2550003471 DOMINADOR R. MIRO FILIPINO A 93,000.00 0.00062 163 OSME¥A ST. KANANGA, LEYTE

45 2550003418 VILLAMOR T. MANUEL FILIPINO A 93,000.00 0.00062 10th St. OLV Panpang Sorsogon City

46 2550002992 ALEX D. DAVILA FILIPINO A 93,000.00 0.00062 #69 Anzon St., Phase IV, Do¤a Maria Subdivision Daraga, Albay

47 2550002822 ALFREDO C. CAPAHI, JR. FILIPINO A 93,000.00 0.00062 388 Lawaan St., Bgy. Punta Ormoc City, Leyte

48 2550002117 RONALD V. OLIS FILIPINO A 93,000.00 0.00062 Pancil Obogan Tanjay City

49 2550002802 CRISTETA L. CALA FILIPINO A 87,000.00 0.00058 Block 39 Lot 13 Tierra Monte, Silangan San Mateo, Rizal

50 2550004979 ERDUTIO BASILIO S. RECIO FILIPINO A 80,000.00 0.000533 C/O PNOC

51 2550003415 ALAN A. MANGUERRA FILIPINO A 66,000.00 0.00044 Magdamit Compound, Baranggay 15 Kawod St. Legaspi City

52 2550003197 DANILO D. GUEVARA FILIPINO A 66,000.00 0.00044 PNOC EDC, Energy Center Merritt Road Fort Bonifacio

53 2550003479 FRANCISCO F. MORALDE FILIPINO A 64,000.00 0.000427 PNOC-EDC Tongonan Ormoc City

54 2550002105 ROBERTO O. GOGO FILIPINO A 63,000.00 0.00042 PNOC EDC Tongonan Ormoc City

55 2550000082 JULIET G. SUMALPONG FILIPINO A 63,000.00 0.00042 MALVAR EXT., ESTAKA DIPOLOG CITY

56 2550000054 FERNANDO V. ADRIAS FILIPINO A 63,000.00 0.00042 89, 7th Ave Cubao, Quezon City

57 2550002439 VICMAR S. SILORIO FILIPINO A 62,000.00 0.000413 West Drive, Claytown, Daro Dumaguete City

58 2550004839 FERDINAND G. AUSTRIA &/OR BERNADETTE M. AUSTRIA FILIPINO A 60,000.00 0.0004 1807 AA WACK WACK TWIN TOWER WACK WACK ROAD, MANDALUYONG CITY

59 2550004838 WILSON A. YAO FILIPINO A 60,000.00 0.0004 84-B ROAD 3, PROJECT 6 QUEZON CITY

60 2550003628 VIRGILIO RAMIREZ II FILIPINO A 60,000.00 0.0004 346 Sesame St. Cogon Ormoc City

61 2550001832 RELEO D. CONTEMPLACION FILIPINO A 60,000.00 0.0004 5 CLUSTER I RIO DE JANEIRO BF HOMES PHASE IV LAS PINAS CITY

62 2550003179 ROBERTO O. GOGO FILIPINO A 51,000.00 0.00034 LOT 22 BLK 10 PURAVILLE SUBD. ORMOC CITY

63 2550004863 JO ROWENA D. GARCIA FILIPINO A 50,000.00 0.000333 L387 LEXINGTON GARDEN VILLAGE, ELISCO ROAD SAN JOAQUIN, PASIG CITY

64 2550003814 DANIEL D. TAGAZA FILIPINO A 50,000.00 0.000333 24 Escudo St. Meralco Vill. Taytay Rizal

65 2550003009 ENRICO U. DEE FILIPINO A 50,000.00 0.000333 21 LUZ ST., CORNER MADRIGAL CORINTHIAN GARDENS QUEZON CITY

66 2550002597 RICARDO M. ABAD FILIPINO A 50,000.00 0.000333 139 Chloe Dr. Savvy 25, Km.18 Severina, South Superhiway, Para¤aque

67 2550002472 MELINDA L. OCAMPO FILIPINO A 50,000.00 0.000333 8 Cohen St., Filinvest II Quezon City

68 2550002469 ANTONIO MARTIN CAILAO FILIPINO A 50,000.00 0.000333 The Regency, Unit 1802, Tordesillas St., Salcedo Village Makati City

69 2550002445 EDUARDO C. SUNG FILIPINO A 50,000.00 0.000333 373 Larena Drive Dumaguete City

70 2550002426 VICENTE D. OMANDAM, JR. FILIPINO A 50,000.00 0.000333 37 Hibbard Avenue Dumaguete City

71 2550002355 MOMAR B. PEDILLO FILIPINO A 50,000.00 0.000333 PNOC-EDC Ilomavis Kidapawan City

72 2550002169 SATURNINO B. QUIJANO FILIPINO A 50,000.00 0.000333 42 Magayon Drive, dona Maria Subd, Daraga, Albay

73 2550002155 AMADOR R. JOSEF, JR. FILIPINO A 50,000.00 0.000333 Sampaguita Village, San Juan Sorsogon City 74 2550002135 BENJAMIN F. TUGONON FILIPINO A 50,000.00 0.000333 63 Lopez Jaena St. Ormoc City

75 2550002050 FERDINAND A. FLORENDO FILIPINO A 50,000.00 0.000333 88 SAMPAGUITA STREET, GENEVA GARDENS NEOPOLITAN 7 NORTH FAIRVIEW, Q.C.

76 2550002014 JOSE PONCIANO P. TIGLAO FILIPINO A 50,000.00 0.000333 4210 F Madras St., Palanan Makati City

77 2550002001 LEONORA S. SANTOS FILIPINO A 50,000.00 0.000333 c/o PNOC-EDC, Fort Bonifacio Taguig City

78 2550001996 JOSEPH LUIS B. SABANGAN FILIPINO A 50,000.00 0.000333 # 36 Trinity Drive, Tierra Gloria Subd., Tandang Sora Quezon City

79 2550001876 JOHN ERIC V. GELLA FILIPINO A 50,000.00 0.000333 L18 B3 YEN ST, VILLA CAROLINA 1 TUNASAN MUNTINLUPA CITY

80 2550001827 ROWENA C. CLEMENTE FILIPINO A 50,000.00 0.000333 71 T. BENITEZ ST., WEST TRIANGLE QUEZON CITY

81 2550001801 JUANITA D. BERNABE FILIPINO A 50,000.00 0.000333 1162 VICENTE G. CRUZ ST. SAMPALOC MANILA

82 2550001721 SILVANO C. ZANORIA FILIPINO A 50,000.00 0.000333 2nd St., Ma. Antonio Village, Labogon, Mandaue City, Cebu

83 2550001695 ERNESTO S. AMATONG FILIPINO A 50,000.00 0.000333 21 MASAMBAHIN STREET, TEACHERS VILLAGE WEST, QUEZON CITY

84 2550000217 YSMAEL V. BAYSA FILIPINO A 50,000.00 0.000333 29 Venezuela St. Loyola Grand Villas Q.C.

85 2550000215 IRENE BARCELON FILIPINO A 50,000.00 0.000333 23 Coolidge St. Greenhills San Juan

86 2550000265 VICENTE S. AQUINO FILIPINO A 50,000.00 0.000333 45 Porsche St., Vill. Exec. Homes, Cainta Rizal

87 2550000202 JONATHAN CHARLES RUSSELL FILIPINO A 50,000.00 0.000333 3/F Benpres Building, Exchange Rd Pasig City

88 2550000201 PETER D. GARRUCHO, JR. FILIPINO A 50,000.00 0.000333 3/F Benpres Building, Exchange Rd cor Meralco Pasig City

89 2550000195 PAMELA JHOANNA GAMILLA FILIPINO A 50,000.00 0.000333 133 SAMPAGUITA ST., VALLE VERDE II PASIG CITY

90 2550000143 ROBERTO A. MISO FILIPINO A 50,000.00 0.000333 15 Bayberry St. Greenwoods Exec. Vill. Ph-I Cainta, Rizal

91 2550000124 DEBBIE G. LOPEZ FILIPINO A 50,000.00 0.000333 8 CORDOVA ST., MERALCO VILLAGE TAYTAY, RIZAL

92 2550000123 EMMANUEL S. SANTOS FILIPINO A 50,000.00 0.000333 108 LABAO ST., LIGID, TIPAS TAGUIG CITY

93 2550002718 EDGARDO L. BACUS FILIPINO A 47,000.00 0.000313 PNOC-EDC, Housing Village

94 2550002375 AMANDO L. ARRIETA FILIPINO A 46,000.00 0.000307 275 San Jose Extension Dumaguete City

95 2550001775 JUSTINO C. ALCANTARA FILIPINO A 45,000.00 0.0003 BLK 4 LOT, ST. CARL MANORS M SANTOS EXT TANAG ANTIPOLO CITY

96 2550002437 STEVE G. SIA FILIPINO A 43,000.00 0.000287 33 San Jose Extention Dumaguete City

97 2550000232 IRWIN JOSEPH TYCHUACO OR ALBERT BENEDICT TYCHUACO FILIPINO A 42,000.00 0.00028 20 BOTOLAN ST., SANTOL QUEZON CITY

98 2550002600 ARNOLD V. ABAQUITA FILIPINO A 41,000.00 0.000273 506 Bougainville St., Punta, Ormoc City

99 2550004944 CHING BUN TENG FILIPINO A 40,000.00 0.000267 389 QUIRINO H-WAY NOVALICHES, QUEZON CITY

100 2550002800 SILVERIO P. CAESAR, JR. FILIPINO A 40,000.00 0.000267 524 P. Del Rosario Extension Cebu City

======TOTAL TOP 100 ===> 14,992,145,991.00 99.94764 ======

======OTHER STOCKHOLDERS ===> 7,854,000.00 0.05236 ======

======TOTAL OUTSTANDING ===> 14,999,999,991.00 100.00 ======

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Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B100AC UPCC Securities Corp. Y HOUSE 1,050,000 Unit 94 Legaspi Suites, 178 Salcedo St. Legaspi Village, Makati City 0

------Total 1,050,000

B101AC A & A Securities, Inc. Y HOUSE 1,206,000 Rm. 1906 Ayala Ave. Condominium 6776 Ayala Ave., Makati City 1200

------Total 1,206,000

B102AC Abacus Securities Corporation Y HOUSE 2,329,210 Unit 2904-A East Tower, PSE Centre Exchange Road, Ortigas Center Pasig City 1600

Y LBPVAR 117,000 ------Total 2,446,210

B102AP Abacus Securities Corporation Y HOUSE 200,352 Unit 2904-A East Tower, PSE Centre Exchange Road, Ortigas Center Pasig City 1600

------Total 200,352

B103AC ACCORD CAPITAL EQUITIES CORPORATION Y HOUSE 2,412,000 Unit 1101 Orient Square Building Emerald Avenue Ortigas Center Pasig City 1600

------Total 2,412,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 2 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B103FC ACCORD CAPITAL EQUITIES CORPORATION Y HOUSE 10,000 Unit 1101 Orient Square Building Emerald Avenue Ortigas Center, Pasig City 1600

------Total 10,000

B104AC A. T. De Castro Securities Corp. Y HOUSE 2,368,000 Suite 701, 7/F Ayala Tower I, Exchange Plaza, Ayala Triangle, Ayala Ave., Makati City 1226

------Total 2,368,000

B106AC Alpha Securities Corp. Y HOUSE 174,000 23/F Orient Square Bldg., Emerald Avenue, Pasig City 1200

------Total 174,000

B106AP Alpha Securities Corp. Y HOUSE 50,000 23/F Orient Square Bldg., Emerald Avenue, Pasig City 1200

------Total 50,000

B109AC BA Securities, Inc. Y FREE 420,000 Rm 401-403 CLMC Bldg, 256-259 EDSA Greenhills Mandaluyong City 1550

------Total 420,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 3 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B109FC BA Securities, Inc. Y HOUSE 375,000 Rm 401-403 CLMC Bldg, 256-259 EDSA Greenhills Mandaluyong City 1550

------Total 375,000

B110AC Angping & Associates Securities, Inc. Y HOUSE 4,848,000 Suites 2002/2004, The Peak, 107 Alfaro St., Salcedo Village, Makati City 1227

------Total 4,848,000

B111AC Ansaldo, Godinez & Co., Inc. Y HOUSE 1,182,000 340 Nueva St., Binondo Manila 1006

------Total 1,182,000

B112AC AB CAPITAL SECURITIES, INC. Y FREE 5,666,000 5/F Phinma Plaza 39 Plaza Drive, Rockwell Center Makati City 1200

------Total 5,666,000

B112AP AB CAPITAL SECURITIES, INC. Y FREE 9,000 5/F Phinma Plaza 39 Plaza Drive, Rockwell Center Makati City 1200

------Total 9,000

B113AC Sarangani Securities, Inc. Y HOUSE 205,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 4 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

5/F APMC Building 136 Amorsolo St., Legaspi Village, Makati City 1229

B113AC Sarangani Securities, Inc. ------5/F APMC Building 136 Amorsolo St., Legaspi Village, Makati City 1229

Total 205,000

B115AC SB Equities, Inc. Y HOUSE 1,482,000 18/F, Security Bank Centre 6776 Ayala Avenue, Makati City 1226

------Total 1,482,000

B115AP SB Equities, Inc. Y HOUSE 524 18/F, Security Bank Centre 6776 Ayala Avenue, Makati City 1226

------Total 524

B115FC SB Equities,Inc. Y HOUSE 400,000 18/F, Security Bank Centre, 6776 Ayala Avenue, Makati City 1226

Y FREE 1,504,000 ------Total 1,904,000

B116AC Asia Pacific Capital Equities & Securities Corporation Y HOUSE 268,000 24/F Galleria Corporate Center EDSA corner , Pasig City 1605

------

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 5 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B116AC Asia Pacific Capital Equities & Securities Corporation Total 268,000 24/F Galleria Corporate Center EDSA corner Ortigas Avenue, Pasig City 1605

B118AC Asiasec Equities, Inc. Y HOUSE 12,329,000 7/F Diners Club Center, 114 Valero St., Salcedo Village, Makati City 1227

------Total 12,329,000

B119AC Astra Securities Corporation Y HOUSE 2,320,000 Units 1204-1205 Ayala Tower One Ayala Ave. cor. Makati City 1200

------Total 2,320,000

B119AP Astra Securities Corporation Y HOUSE 10,000 Units 1204-1205 Ayala Tower One Ayala Ave. cor. Paseo de Roxas Makati City 1200

------Total 10,000

B120AC ATC Securities, Inc. Y HOUSE 103,000 Unit 1015-1016 Tower One Ayala Triangle, Ayala Ave. Makati City 1226

------Total 103,000

B121FP MACQUARIE SECURITIES () INC. Y FREE 100,000 7/F TOWER ONE & EXCHANGE PLAZA Ayala Triangle, Ayala Avenue

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 6 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

Makati City 1226

B121FP MACQUARIE SECURITIES (PHILIPPINES) INC. ------7/F TOWER ONE & EXCHANGE PLAZA Ayala Triangle, Ayala Avenue Makati City 1226

Total 100,000

B122AC Belson Securities, Inc. Y HOUSE 681,000 4th Floor Belson House 271 Edsa, Mandaluyong City 1554

------Total 681,000

B123AC Benjamin Co Ca & Co., Inc. Y HOUSE 221,000 Rm. 301 Downtown Ctr Bldg., 516 Quintin Paredes St., Binondo, Manila 1006

------Total 221,000

B123AP Benjamin Co Ca & Co., Inc. Y HOUSE 600,000 Rm. 301 Downtown Ctr Bldg., 516 Quintin Paredes St., Binondo, Manila 1006

------Total 600,000

B124AC B. H. Chua Securities Corporation Y HOUSE 1,221,000 872 G. Araneta Avenue, Quezon City 1135

------Total 1,221,000

B125AC Jaka Securities Corporation Y HOUSE 436,000 Unit 814, Ayala Tower I

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 7 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

Ayala Ave., Makati City 1226

B125AC Jaka Securities Corporation ------Unit 814, Ayala Tower I Ayala Ave., Makati City 1226

Total 436,000

B126AC BPI Securities Corporation Y HOUSE 27,487,500 8/F BPI Head Office Bldg., Ayala Ave.,cor.Paseo de Roxas Makati City 1226

------Total 27,487,500

B126FC BPI Securities Corporation Y HOUSE 1,131,000 8/F BPI Head Office Bldg., Ayala Ave.,cor.Paseo de Roxas Makati City 1226

------Total 1,131,000

B128AC Campos, Lanuza & Company, Inc. Y HOUSE 288,000 Unit 2003B East Tower, PSE Center Exchange Road, Ortigas Center Pasig City 1605

Y FREE 17,100 ------Total 305,100

B129AC Sincere Securities Corporation Y HOUSE 478,000 1203-A East Tower, PSE Centre, Exchange Road, Ortigas Center, Pasig City 0

------

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 8 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B129AC Sincere Securities Corporation Total 478,000 1203-A East Tower, PSE Centre, Exchange Road, Ortigas Center, Pasig City 0

B131AC PCIB Securities, Inc. Y HOUSE 1,233,000 8/F PCIB Tower 2, Dela Costa St., Makati City 1002

Y B131-TA001374 312,000 Y B131AC-1 200,000 Y PSI FAO PRULI063 95,000 ------Total 1,840,000

B133AC CITISECURITIES, INC. Y HOUSE 8,058,100 Rm. 2701-B Tektite Tower Center Exchange Rd, Pasig City 1600

------Total 8,058,100

B133FC CITISECURITIES, INC. Y HOUSE 34,000 Rm. 2701-B Tektite Tower Center Exchange Rd, Pasig City 1600

------Total 34,000

B136AC Triton Securities Corp. Y HOUSE 1,834,000 26/F LKG Tower, 6801 Ayala Ave. Makati City 0

------Total 1,834,000

B140AC IGC Securities INC. Y HOUSE 1,339,000 Suite 1006, Tower I & Exchange Plaza Ayala Triangle, Ayala Avenue Makati City

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 9 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

1200

B140AC IGC Securities INC. ------Suite 1006, Tower I & Exchange Plaza Ayala Triangle, Ayala Avenue Makati City 1200

Total 1,339,000

B140FC IGC Securities Inc. Y HOUSE 17,000 Suite 1006, Tower I & Exchange Plaza Ayala Triangle, Ayala Avenue Makati City 1200

------Total 17,000

B141AC Cualoping Securities Corporation Y HOUSE 100,000 Suite 1801 Tytana Centre Condominium Plaza Lorenzo Ruiz, Binondo, Manila 1006

------Total 100,000

B142AC DBP-Daiwa Securities (Phils.), Inc. Y FREE 275,000 18/F Citibank Tower 8741 Paseo de Roxas Makati City 1200

------Total 275,000

B143AC DAVID GO SECURITIES CORP. Y HOUSE 180,000 Rm. 309 Federation Center Bldg. Muelle de Binondo, Binondo, Manila 1006

------Total 180,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 10 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B145AC DIVERSIFIED SECURITIES, INC. Y HOUSE 39,000 5/F PDCP Bank Centre Herrera cor. Alfaro Sts., Salcedo Village, Makati City 1600

Y FREE 3,002,000 ------Total 3,041,000

B147AC E. CHUA CHIACO SECURITIES, INC. Y HOUSE 315,000 113 Renta St., Binondo, Manila 1006

------Total 315,000

B149AC East West Capital Corporation Y HOUSE 185,000 2/F U-Bix Building 1331 Angono St., Makati City 1208

------Total 185,000

B150AC EASTERN SECURITIES DEVELOPMENT CORPORATION Y HOUSE 2,829,000 1701 Tytana Ctr. Bldg, Binondo, Manila 1006

Y NORTHWEST INSURA 600,000 ------Total 3,429,000

B153AC EQUITIWORLD SECURITIES, INC. Y HOUSE 413,000 807-809 Philippine Stock Exchange Ayala Tower 1, Ayala Avenue Makati City 1226

------Total 413,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 11 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B154AC Evergreen Stock Brokerage & Sec., Inc. Y HOUSE 866,000 Rm. 606 Ayala Tower I Ayala Triangle, Ayala Ave. Makati City 1200

Y FREE 90,000 ------Total 956,000

B154FC Evergreen Stock Brokerage & Sec., Inc. Y HOUSE 7,000 Rm. 606 Ayala Tower I Ayala Triangle, Ayala Ave. Makati City 1200

------Total 7,000

B157AC FIRST ORIENT SECURITIES, INC. Y HOUSE 1,014,500 Unit 1201 Ayala Triangle Tower One Ayala Avenue, Makati City 1226

------Total 1,014,500

B159AC First Integrated Capital Securities, Inc. Y HOUSE 338,000 Units 1211-1212 Tower I & Exchange Plaza, Ayala Ave. Cor. Paseo de Roxas, Makati City 1200

------Total 338,000

B161AC FRANCISCO ORTIGAS SECURITIES, INC. Y HOUSE 208,000 10/F Ortigas Building Ortigas Ave, Pasig City 1600

------Total 208,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 12 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B161AP FRANCISCO ORTIGAS SECURITIES, INC. Y HOUSE 400,000 10/F Ortigas Bldg. Ortigas Ave, Pasig City 1600

------Total 400,000

B162AC F. Yap Securities, Inc. Y HOUSE 5,768,000 Unit 2301 PSE Center (East Tower) Exchange Rd., Ortigas Center Pasig City 1603

------Total 5,768,000

B167AC Aurora Securities, Inc. Y HOUSE 6,010,000 Rm. 1504, Horizon Condominium Meralco Ave., Ortigas Center Pasig City 1600

------Total 6,010,000

B168AC Globalinks Securities & Stocks, Inc. Y HOUSE 1,519,500 # 706 Ayala Tower One Ayala Avenue Cor. Paseo de Roxas St. Makati City 1226

------Total 1,519,500

B168AP Globalinks Securities & Stocks, Inc. Y HOUSE 500 # 706 Ayala Tower One Ayala Avenue Cor. Paseo de Roxas St. Makati City 1226

------Total 500

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 13 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B168FC Globalinks Securities & Stocks, Inc. Y HOUSE 20,000 # 706 Ayala Tower One Ayala Avenue Cor. Paseo de Roxas St. Makati City 1226

------Total 20,000

B169AC JSG Securities, Inc. Y HOUSE 255,000 4th Floor, A&T Building, 244 , Binondo, Manila 1006

------Total 255,000

B170AC GOLDSTAR SECURITIES, INC. Y HOUSE 70,000 2201-B East Tower, PSE Centre Exchange Rd, Ortigas Center Pasig City 1600

Y FREE 1,670,000 ------Total 1,740,000

B170FC GOLDSTAR SECURITIES, INC. Y HOUSE 50,000 2201-B East Tower, PSE Centre Exchange Rd, Ortigas Center Pasig City 1600

------Total 50,000

B172AC Guild Securities, Inc. Y FREE 23,000 Unit 1215 Tower One & Exchange Plaza Ayala Ave., Makati City 1226

------Total 23,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 14 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B174AC HDI Securities, Inc. Y FREE 555,000 11/F, Ayala Tower I, Ayala Ave. Makati City 1226

------Total 555,000

B175AC H. E. BENNETT SECURITIES, INC. Y HOUSE 653,000 Rm. 1704 World Trade Exchange Bldg., 215 Juan Luna St., Binondo, Manila 1006

------Total 653,000

B175AP H. E. BENNETT SECURITIES, INC. Y HOUSE 100,000 Rm. 1704 World Trade Exchange Bldg., 215 Juan Luna St., Binondo, Manila 1006

------Total 100,000

B176FC ABN AMRO ASIA SECURITIES (PHILIPPINES), INC. Y FREE 3,632,344 19/Floor, The LKG Tower 6801 Ayala Avenue, Makati City 1200

------Total 3,632,344

B179AC I. Ackerman & Co., Inc. Y HOUSE 2,052,000 Suite 705, Tower I Bldg. PSE Plaza, Ayala Triangle Ayala Ave., Makati City 1226

------Total 2,052,000

B180AC I. B. GIMENEZ SECURITIES, INC. Y HOUSE 8,102,000 2703A East Tower PSE Centre Exchange Road, Ortigas Centre, Pasig City

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 15 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

1600

B180AC I. B. GIMENEZ SECURITIES, INC. ------2703A East Tower PSE Centre Exchange Road, Ortigas Centre, Pasig City 1600

Total 8,102,000

B180AP I. B. GIMENEZ SECURITIES, INC. Y HOUSE 250,000 2703A East Tower PSE Centre Exchange Road, Ortigas Centre, Pasig City 1600

------Total 250,000

B181AC INVESTORS SECURITIES, INC. Y HOUSE 2,630,000 Unit 604-605 Tower One & Exchange Plaza Ayala Triangle, Ayala Ave. cor Paseo de Roxas Makati City 1200

------Total 2,630,000

B182AC Imperial, De Guzman, Abalos & Co.,Inc. Y HOUSE 779,000 Greenfield Bldg.I 750 Shaw Blvd. Mandaluyong City 1552

------Total 779,000

B182AP Imperial,De Guzman,Abalos & Co., Inc. Y HOUSE 350,000 Greenfield Bldg.I 750 Shaw Blvd. Mandaluyong City 1552

------Total 350,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 16 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B183AC INTRA-INVEST SECURITIES, INC. Y HOUSE 2,844,000 11/F ACT Tower, 135 Sen. Gil Puyat Ave., Salcedo Vill., Makati City 1200

------Total 2,844,000

B183FC INTRA-INVEST SECURITIES, INC. Y HOUSE 105,000 11/F ACT Tower, 135 Sen. Gil Puyat Ave., Salcedo Vill., Makati City 1200

------Total 105,000

B188AC J.M. Barcelon & Co., Inc. Y HOUSE 1,621,000 #34 Casa Nueva Townhomes, Manga Road, corner Balite Drive, New Manila, Quezon City 1100

------Total 1,621,000

B190AC Value Quest Securities Corporation Y HOUSE 545,000 Unit 1007-B, West Tower PSE Center Exchange Road, Ortigas Center Pasig City 0

------Total 545,000

B192AC Strategic Equities Corp. Y FREE 1,127,000 Unit 610-611 PSE Plaza, Tower I, Ayala Triangle, Ayala Ave., Makati City 1226

------Total 1,127,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 17 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B195AC LITONJUA SECURITIES, INC. Y HOUSE 1,115,000 No. 444 T.M. Kalaw Ermita, Manila 1004

------Total 1,115,000

B197AC Lopez, Locsin, Ledesma & Co., Inc. Y HOUSE 378,000 Room 702, Ayala Tower One, Ayala Avenue, Makati City 1226

------Total 378,000

B198AC Lucky Securities, Inc. Y HOUSE 1,079,000 Unit 1402-B PSE Center Exchange Road, Ortigas Center Pasig City 1600

------Total 1,079,000

B199AC Luys Securities Company, Inc. Y HOUSE 1,816,000 28/F LKG Tower 6801 Ayala Ave. Makati City 1200

------Total 1,816,000

B200AC Mandarin Securities Corporation Y FREE 2,724,000 28/F LKG Tower 6801 Ayala Ave. Makati City 1200

------Total 2,724,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 18 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B200AP Mandarin Securities Corporation Y FREE 100,000 28/F LKG Tower 6801 Ayala Ave. Makati City 1200

------Total 100,000

B201AC MARIAN SECURITIES, INC. Y HOUSE 1,255,000 2232 Pasong Tamo Makati City 1231

------Total 1,255,000

B205AC Mercantile Securities Corp. Y HOUSE 88,000 20/F PDCP Bank Centre Paseo de Roxas Makati City 1226

------Total 88,000

B208AC MDR Securities, Inc. Y HOUSE 445,000 Unit 1806, 8/F Medical Plaza Ortigas Bldg., Pasig City 1226

Y FREE 100,000 ------Total 545,000

B209AC Deutsche Regis Partners, Inc. Y AC RETAIL 50,000 23/F Tower I, Ayala Triangle, Makati City 1226

------Total 50,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 19 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B209FP Deutsche Regis Partners, Inc. Y FREE 1,000 23/F Tower I, Ayala Triangle, Makati City 1226

------Total 1,000

B210AC Mount Peak Securities, Inc. Y HOUSE 15,000 #748 C.K. Bldg., Juan Luna St., Binondo, Manila 1006

------Total 15,000

B211AC New World Securities Co., Inc. Y HOUSE 230,000 Rm. 202 Fil-Am Resources Bldg. 231 Juan Luna St. Binondo, Manila 1006

------Total 230,000

B213AC Nieves Sanchez, Inc. Y HOUSE 16,000 Rm. 400 Fil-Am Resources Bldg., 231 Juan Luna St., Binondo, Manila 1006

------Total 16,000

2400 l63.62.13834( )2.1383 4( )2.13834 ( )2.13834( )2.13834 ( )2.13834( )2.1383 4( )]TJ97.92 0 Td[( )2.13834( )2.13834( )2.13834( )2.13834( rgq8.333E TQ Q4( )( )2.13834( )2.13834 Krgq8.333 138 34( )2.2.13834 ( )13834( )2(2.1383 4( )2ETQ Q4 ( )4( )2.13834y)34.4 )8834 ( )2.13834( )2.1383 4( )2 2g.13834( )2.13834( )C.138 34( )2.1383 4( )2..13834( )2y B834( )2.13834( )2.13834( )2.13834(I53834( )278]0464( )2.13834( )33834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.1834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )278]TJETQQq484.996 2752 m612.996 2752 l612. 6.96 Tf1 0 0 1 55.9195 280.92 Tm[( )2.13781(B)-5.41424(2)4.27562(1)4.27562(874( )2.13939(2972 mB873834( )24B873834( )244( )2443834( )2443834( )2443834( )2443834( )2443834( )2443834( )2443834( )2443834( )2443834( )2443834( )2443834( )2443834( )2443834( )2433834( )2433834( )2433834( )2433834( )24334( )2.13834( )2.13834( )1763834( )2.138134( )4( )2.1381 )2.1.13834( )11( )2.13623( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.138325513834( )2.13834(6333 0 0 cm BT/R11 0)2.13834( )2.13834( )2.13810( )2.1383410)2.13834( ( )2.14( )2.138( )2.14( )]TJ97.92 0 Td[( )2.13834( )2.13834( )2.13834( )2.138342.13834( ))2.13834( 2400 l464( )13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )]TJ97.92 0 Td[( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.14044( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13413( )2.13834( )2.13834( )]T41424(2)4.27562(1)4.27562(874( )2.13939(2972 mB873834( )24B873834( )244834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.14254( )2.13834( )2.13834( )278]TJETQQq465.99Qq465.99Qq465.99Qq465.99Qq465.99Qq465.99Qq465.99Qq465.99Qq465.99Q0 0 8.33333 0 0 cm BT/R11 6.96 Tf1 0 0 1 55.9195 280.92 Tm[( )2.13781(B)-5.41424(2)4.27562(1)4.27562(874( )2.13939(2972 mB873834( )24B873834( )24B873834( )24B873834( )2423834( )2.12.13834( )2.13413( )2.13 )2.13834( )2.13834( )2.13939( )2.13834( )2.13623( 27562(874( )2.13939(2972 mB873834( )24B873834( )2442.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2032 )2.138340(s )2.13831( )2.113834( )1( )2.14( )]TJ97.92 0 Td[( )2.13834( )2.13834( )2.13834( )2.138342.13834( ))2.13834( 2400 l37.72.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )]TJ97.92 0 Td[( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.14044( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13413( )2.13834( )2.13834( )]T41424(2)4.27562(1)4.27562(874( )2.13939(2972 mB873834( )24B873834( )244834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13 8.33333 0 0 cm BT/R11 6.96 Tf1 0 0 1 55.9195 298.2 Tm[( )2.13781( )2.13781( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )24B873834( )2442.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )1( 0 )2.13831( 0 .13834(14.276613834( )14.27664( )]TJ97.92 0 Td[( )2.13834( )2.13834( )2.13834( )2.138342.13834( ))2.13834( 2400 l29 )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )]TJ97.92 0 Td[( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.14044( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2.13834( )2. B215AP Optimum Securities Corporation ------No. 11 E. O. Bldg., United St. cor. 2nd St. Bo. Kapitolyo, Pasig City 1650

Total 200,000

B217AC RCBC Securities, Inc. Y HOUSE 2,979,000 Unit 1008 Tower I & Exchange Plaza Ayala Avenue, Makati City 1200

------Total 2,979,000

B217AP RCBC Securities, Inc. Y HOUSE 175,000 Unit 1008 Tower I & Exchange Plaza Ayala Avenue, Makati City 1200

------Total 175,000

B217FC RCBC Securities, Inc. Y HOUSE 3,000 Unit 1008 Tower I & Exchange Plaza Ayala Avenue, Makati City 1200

------Total 3,000

B218AC Pan Asia Securities Corp. Y HOUSE 265,000 910 Tower One & Exchange Plaza Ayala Avenue, Makati City 1200

------Total 265,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 21 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B219AC Papa Securities Corporation Y HOUSE 1,309,000 6/F, S & L Building Dela Rosa cor. Esteban Sts. Legaspi Village, Makati City 1200

Y FREE 60,000 ------Total 1,369,000

B220AC ATR Securities, Inc. Y CANSO2 1,400,000 17/F Tower One & Exchange Plaza, Ayala Triangle, Ayala Avenue Makati City 1226

Y FREE 3,660,000 ------Total 5,060,000

B220AP ATR Securities, Inc. Y FREE 1,007,764 17/F Tower One & Exchange Plaza, Ayala Triangle, Ayala Avenue Makati City 1226

------Total 1,007,764

B223AC Platinum Securities, Inc. Y HOUSE 170,000 Unit 801, Antel 2000 Corporate Ctr., 121 Valero St., Salcedo Village Makati City 1200

------Total 170,000

B224AC PNB Securities, Inc. Y HOUSE 1,526,000 3/F PNB Financial Center Roxas Blvd., Pasay City 1300

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 22 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B224AC PNB Securities, Inc. ------3/F PNB Financial Center Roxas Blvd., Pasay City 1300

Total 1,526,000

B225AC PREMIUM SECURITIES, INC. Y FREE 979,000 Unit 1415, Tower 1 & Exchange Plaza Ayala Avenue cor. Paseo de Roxas Makati City 1259

------Total 979,000

B229AC Public Securities Corporation Y HOUSE 214,000 Unit 207 Cityland Condominium 10 - Tower 2 6817 H.V. De La Costa St. cor. Ayala Ave. Makati City 1200

------Total 214,000

B230AC QUALITY INVESTMENTS & SECURITIES CORPORATION Y HOUSE 855,000 Suite 1602 Tytana Plaza Oriente St, Binondo Manila 1006

------Total 855,000

B230FC QUALITY INVESTMENTS & SECURITIES CORPORATION Y HOUSE 7,000 Suite 1602 Tytana Plaza Oriente St, Binondo Manila 1006

------Total 7,000

B231AC R & L Investments, Inc. Y HOUSE 5,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 23 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

675 Lee St., Mandaluyong City 1501

B231AC R & L Investments, Inc. ------675 Lee St., Mandaluyong City 1501

Total 5,000

B232AC Alakor Securities Corporation Y HOUSE 42,000 9/F Quad Alpha Centrum, 125 Pioneer St. Mandaluyong City 1550

------Total 42,000

B233AC R. Coyiuto Securities, Inc. Y HOUSE 1,779,000 Penthouse, Prince Building, 117 Rada Street, Legaspi Vill., Makati City 0

------Total 1,779,000

B235AC REGINA CAPITAL DEVELOPMENT CORPORATION Y HOUSE 2,748,000 Unit 806 Tower 1 & Exchange Plaza Ayala Triangle, Ayala Avenue Makati City 1226

------Total 2,748,000

B236AC R. Nubla Securities, Inc. Y HOUSE 2,402,000 Room 604, Fil-Am Resources Bldg., 231 Juan Luna St., Binondo, Manila 1006

------Total 2,402,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 24 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B237AC AAA Southeast Equities, Incorporated Y HOUSE 4,000 Ground Floor, Fortune Life Building #162 Legaspi St., Legaspi Village Makati City 1229

------Total 4,000

B238AC R. S. Lim & Co., Inc. Y HOUSE 533,000 1509 Galvani Street San Isidro, Makati City 1234

------Total 533,000

B239AC RTG & COMPANY, INC. Y HOUSE 632,000 Unit 602 Tower 1 & Exchange Plaza Ayala Triangle, Makati City 1200

------Total 632,000

B239AP RTG & COMPANY, INC. Y HOUSE 15,000 Unit 602 Tower 1 & Exchange Plaza Ayala Triangle, Makati City 1200

------Total 15,000

B239FC RTG & COMPANY, INC. Y HOUSE 200,000 Unit 602 Tower 1 & Exchange Plaza Ayala Triangle, Makati City 1200

------Total 200,000

B240AC S.J. Roxas & Co.,Inc. Y HOUSE 4,045,000 Unit 612 Tower One, Ayala Triangle, Ayala Avenue,

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 25 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

Makati City 0

B240AC S.J. Roxas & Co.,Inc. ------Unit 612 Tower One, Ayala Triangle, Ayala Avenue, Makati City 0

Total 4,045,000

B242AC SECURITIES SPECIALISTS, INC. Y HOUSE 1,352,000 Unit 903 National Life Insurance Building, | 6762 Ayala Avenue, Makati City 1000

------Total 1,352,000

B243AC Fidelity Securities, Inc. Y HOUSE 3,344,000 2103-B PSE Centre, Exchange Road, Ortigas, Pasig City c 1600

------Total 3,344,000

B243FC Fidelity Securities, Inc. Y HOUSE 50,000 2103-B PSE Centre, Exchange Road, Ortigas, Pasig City 1600

------Total 50,000

B246AC Summit Securities, Inc. Y HOUSE 547,000 Unit 2102 B/C PSE Center Tektite Tower East Exchange Road, Ortigas Center Pasig City 1600

------Total 547,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 26 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B247AC STANDARD SECURITIES CORPORATION Y HOUSE 908,000 #34 Jefferson St., GHW, San Juan Metro Manila 0

------Total 908,000

B251AC TANSENGCO & CO., INC. Y HOUSE 1,388,000 Rm. 208 Padilla de los Reyes Bldg. Juan Luna St., Binondo, Manila 1006

------Total 1,388,000

B252AC THE FIRST RESOURCES MANAGEMENT & SECURITIES CORP. Y HOUSE 1,429,000 Rms. 801-802, PSE Tower 1 Ayala Ave., cor. Paseo de Roxas,Ayala Triangle, Makati City 1200

------Total 1,429,000

B253AC Tower Securities, Inc. Y HOUSE 760,000 1802-C Tektite Tower I Exchange Road, Ortigas Centre Pasig City 1600

------Total 760,000

B255AC APEX Philippines Equities Corp. Y HOUSE 19,000 Unit 902, Antel Corporate Center, No. 139 Valero St., Salcedo Vill., Makati City 1227

------Total 19,000

B257AC TRI-STATE SECURITIES, INC. Y HOUSE 1,244,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 27 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

Unit 1007, 10/F Ayala Triangle Tower I, Ayala Avenue, Makati City 1226

B257AC TRI-STATE SECURITIES, INC. ------Unit 1007, 10/F Ayala Triangle Tower I, Ayala Avenue, Makati City 1226

Total 1,244,000

B257FC TRI-STATE SECURITIES, INC. Y HOUSE 50,000 Unit 1007, 10/F Ayala Triangle Tower I, Ayala Avenue, Makati City 1226

------Total 50,000

B259AC UCPB Securities, Inc. Y HOUSE 1,417,000 Suite 1612, 16/F Ayala Tower I Exchange Plaza, Ayala Ave. cor. Paseo de Roxas Makati City 1226

------Total 1,417,000

B261AC e.securities, inc. Y HOUSE 41,000 11/F Exportbank Plaza Chino Roces cor Sen. Gil J. Puyat Ave, Makati City 1251

------Total 41,000

B261AP e.securities, inc. Y HOUSE 20,000 11/F Exportbank Plaza Chino Roces cor. Sen. Gil J. Puyat Ave., Makati City 1251

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Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B261AP e.securities, inc. ------11/F Exportbank Plaza Chino Roces cor. Sen. Gil J. Puyat Ave., Makati City 1251

Total 20,000

B261FC e.securities, inc. Y HOUSE 604,000 11/F Exportbank Plaza Chino Roces cor Sen. Gil J. Puyat Ave., Makati City 1251

------Total 604,000

B263AC Venture Securities, Inc. Y FREE 1,422,000 Unit 811 Tower One & Exchange Plaza Ayala Triangle Ayala Ave. cor. Paseo de Roxas Makati City 1226

Y PHIL FIRST AC001 50,000 ------Total 1,472,000

B266AC Vicsal Securities & Stock Brokerage,Inc. Y HOUSE 56,000 658 C. Palanca St., Quiapo,Manila 1001

------Total 56,000

B267AC FIRST METRO SECURITIES BROKERAGE CORPORATION Y HOUSE 1,800,000 Unit 1515, 15/F Ayala Tower One Ayala Triangle, Ayala Ave. cor Paseo de Roxas Makati City 1226

------Total 1,800,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 29 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B267AP FIRST METRO SECURITIES BROKERAGE CORPORATION Y HOUSE 105,000 Unit 1515, 15/F Ayala Tower One Ayala Triangle, Ayala Ave. cor Paseo de Roxas Makati City 1226

------Total 105,000

B269AC Wealth Securities, Inc. Y HOUSE 82,829,500 2103 PSE Centre, Exchange Road Ortigas Centre, Pasig City 1600

------Total 82,829,500

B270AC Westlink Global Equities, Inc. Y HOUSE 124,000 6/F Philippine Stock Exchange Plaza Ayala Avenue, Makati City 1200

------Total 124,000

B272AC BERNAD SECURITIES, INC. Y HOUSE 35,000 3/F 1033 M.H. del Pilar St. Ermita, Manila 1000

------Total 35,000

B273AC WONG SECURITIES CORPORATION Y HOUSE 72,000 1402-B A. Mabini St., cor. Sta. Monica St., Ermita, Manila 1000

------Total 72,000

B275AC Yao & Zialcita, Inc. Y HOUSE 1,310,000 Yao Bldg., 577 A. ,

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Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

Port Area,Manila 1018

B275AC Yao & Zialcita, Inc. ------Yao Bldg., 577 A. Bonifacio Drive, Port Area,Manila 1018

Total 1,310,000

B278AC Yu & Company, Inc. Y HOUSE 2,077,000 Unit E 1606-B Tektite Tower 1 Exhange Road, Ortigas Center Pasig City 1600

------Total 2,077,000

B279AC BDO Securities Corporation Y HOUSE 6,112,500 27/F Tower I & Exchange Plaza Ayala Ave., Makati City 1226

------Total 6,112,500

B279FC BDO Securities Corporation Y HOUSE 30,000 27/F Tower I & Exchange Plaza Ayala Ave., Makati City 1226

------Total 30,000

B282AC PCCI SECURITIES BROKERS CORP. Y FREE 2,919,600 3/F PCCI Corporate Centre 118 Alfaro St, Salcedo Village Makati City 1227

------Total 2,919,600

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 31 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

B282AP PCCI SECURITIES BROKERS CORP. Y FREE 70,000 3/F PCCI Corporate Centre 118 Alfaro St, Salcedo Village Makati City 1227

------Total 70,000

B283AC Eagle Equities, Inc. Y HOUSE 1,361,000 179 Kaimito St. Valle Verde II, Pasig City 1600

------Total 1,361,000

B283FC Eagle Equities, Inc. Y HOUSE 147,000 179 Kaimito St. Valle Verde II, Pasig City 1600

------Total 147,000

B285AC Golden Tower Securities & Holdings, Inc. Y HOUSE 575,000 4-B Vernida I Condominium, 120 Amorsolo St., Legaspi Village, Makati City 1229

------Total 575,000

B286AC SOLAR SECURITIES, INC. Y HOUSE 2,443,000 Unit 3002-A East Tower, Phil. Stock Exchange Centre, Exchange Road, Ortigas Complex, Pasig City 1605

------Total 2,443,000

B288AC G.D. TAN & COMPANY, INC. Y HOUSE 2,529,000 Unit 2203-A East Tower, PSE Center

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Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

Exchange Road, Ortigas Center, Pasig City 1600

B288AC G.D. TAN & COMPANY, INC. ------Unit 2203-A East Tower, PSE Center Exchange Road, Ortigas Center, Pasig City 1600

Total 2,529,000

B323AC CLSA Philippines, Inc. Y FREE 419,000 Trafalgar Plaza, Unit 17-D, 105 H.V. dela Costa St., Salcedo Vill., Makati City 1227

Y PERLA INSURANCE 265,000 ------Total 684,000

B323FC CLSA Philippines, Inc. Y C-000059 57,513,440 Trafalgar Plaza, Unit 17-D, 105 H.V. dela Costa St., Salcedo Vill., Makati City 1227

Y C-000341 4,364,800 Y FREE 156,000 ------Total 62,034,240

B323FP CLSA Philippines, Inc. Y FREE 630 Trafalgar Plaza, Unit 17-D, 105 H.V. dela Costa St., Salcedo Vill., Makati City 1227

------Total 630

B338AC PHILIPPINE EQUITY PARTNERS, INC. Y CLIENT 380,000 Unit 19C Citibank Tower Citibank Plaza 8741 Paseo de Roxas

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Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

Makati City 1226

B338AC PHILIPPINE EQUITY PARTNERS, INC. Y CLIENT2 25,000 Unit 19C Citibank Tower Citibank Plaza 8741 Paseo de Roxas Makati City 1226

------Total 405,000

B345AC UNICAPITAL Securities Inc. Y HOUSE 2,865,000 4F Majalco Bldg Benavidez cor Trasierra Sts Legaspi Vill., Makati City 1200

Y FREE 5,680,900 Y MAKATI SUPERMART 536,000 ------Total 9,081,900

B345AP Unicapital Securities Inc. Y FREE 40,000 4F Majalco Bldg Benavidez cor Trasierra Sts Legaspi Vill., Makati City 1200

------Total 40,000

B388AC Armstrong Securities, Inc. Y HOUSE 146,000 Unit 2205-A, 22/F, PSE Centre Exchange Road, Ortigas Centre, Pasig City 1600

------Total 146,000

B389AC King's Power Securities, Inc. Y HOUSE 1,066,000 Rm. 704 Federal Tower Dasmarinas St., Binondo, Manila

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Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

0

B389AC King's Power Securities, Inc. ------Rm. 704 Federal Tower Dasmarinas St., Binondo, Manila 0

Total 1,066,000

BCDO20 Banco De Oro - Trust Banking Group Y HOUSE 26,950,000 No. 12 ADB Avenue, Ortigas Center Mandaluyong City 1550

------Total 26,950,000

CITI10 Citibank N.A. Y CITI FAO SUNLIFE 2,000,000 11/F Citibank Tower Villar corner Valero Sts. Makati City, MM 1200

Y CITIFAOPHILAM 14,489,000 Y CITIOMNIFOR 1,004,498,837 Y CITIOMNILOC 74,453,700 ------Total 1,095,441,537

DEUB10 Deutsche Bank Manila-Clients A/C Y HOUSE 96,916,100 26/F Ayala Tower One Ayala Triangle, Makati City 1226

------Total 96,916,100

DEUB20 Deutsche Bank Manila-Clients A/C Y IMA 497,000 26/F ayala Tower One, Ayala Triangle, Makati City 1226

Y VTA 5,633,000

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Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

DEUB20 Deutsche Bank Manila-Clients A/C ------26/F ayala Tower One, Ayala Triangle, Makati City 1226

Total 6,130,000

HSBC10 The Hongkong and Shanghai Banking Corp. Ltd. -Clients' Acct. Y HOUSE 2,057,454,216 HSBC Custody and Clearing Department 30/F Discovery Suites 25 ADB Ave., Ortigas Center, Pasig City 1650

------Total 2,057,454,216

HSBC20 The Hongkong and Shanghai Banking Corp. Ltd. -Clients' Acct. Y HOUSE 34,370,500 HSBC Custody and Clearing Department 30/F Discovery Suites 25 ADB Ave., Ortigas Center, Pasig City 1650

Y PRU LIFE U.K. 1,336,000 ------Total 35,706,500

LBPI10 Land Bank of the Philippines Y HOUSE 15,291,000 Land Bank Plaza 1598 M.H. del Pilar cor Quintos Sts., Malate Manila 1200

------Total 15,291,000

PILA10 The Insular Life Assurance Co., Ltd. - Equity Fund Y HOUSE 681,000 Insular Life Corporate Cor. Commerce Ave. Filinvest Corporate City Alabang Muntinlupa City 1200

------Total 681,000

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 36 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

PPSB20 AIG Philam Savings Bank, as Trustee for VTA (Foreign) Y HOUSE 4,340,000 10/F Philamlife Tower, 8767 Paseo de Roxas Makati City 1200

Y PASB TRUST - 001 270,000 ------Total 4,610,000

PSMC10 San Miguel Corporation Retirement Plan Y HOUSE 1,600,000 40 , Ortigas Center, Mandaluyong City 1550

------Total 1,600,000

PSMC11 Purefoods-Hormel Co., Inc. Employees' Ret. Plan Y HOUSE 580,000 40 San Miguel Avenue, Ortigas Center, Mandaluyong City 1550

------Total 580,000

PSMC20 San Miguel Corporation Retirement Plan-STP Y HOUSE 2,200,000 San Miguel Corporation Retirement Plan 40 San Miguel Avenue, Ortigas Center Mandaluyong City 1550

------Total 2,200,000

RCBC10 RCBC Trust & Investment Division Y HOUSE 1,642,500 333 Sen. Gil J. Puyat Ave. Makati City 1200

------Total 1,642,500

SCBK10 Standard Chartered Bank Y HOUSE 2,242,527,383 6756 Ayala Avenue Makati City

 03-APR-2007 03-APR-2007 16:50 PHIL. CENTRAL DEPOSITORY, INC. Page 37 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 30-MAR-2007

Security : EDC PNOC EDC

Member Member Name and Address Resident Sub-Account Name Units

1200

SCBK10 Standard Chartered Bank ------6756 Ayala Avenue Makati City 1200

Total 2,242,527,383

SCTD10 MBTC - TRUST BANKING GROUP Y HOUSE 13,408,000 5/F Metrobank Plaza Sen. Gil J. Puyat Ave. Makati City 1200

Y METRO GROWTH01 9,039,000 ------Total 22,447,000

UCPB10 United Coconut Planters Bank-Trust Banking Y HOUSE 20,000 5/F, UCPB Bldg., Makati Ave. Makati City 0

------Total 20,000

======Grand Total 5,978,647,000

*** End Of Report ***