International Pay TV Channels …

GMA NETWORK, INC.

Full Year 2011 Results

04/10/12 RATINGS UPDATE Dominance in Mega Manila

Household Ratings

Oct Nov! Dec! Jan Feb! Mar*! 2011! 2012! GMA leads ABS by 5.8 points GMA! 16.6! 17.6! 16.0! 16.7! 17.1! 16.4! and TV5 by 10.5 points

ABS! 9.7! 9.7! 9.1! 9.7! 10.4! 10.6! Based on an estimated 5 viewers per TV5! 7.8! 6.8! 6.4! 6.5! 6.1! 5.9! Household, GMA’s lead is equivalent to almost 1.6M viewers over ABS and close to 2.9M viewers against TV5 Audience Shares

Oct Nov! Dec! Jan Feb! Mar*! 2011! 2012! GMA! 39.8! 42.2! 40.9! 40.8! 41.0! 40.1! GMA leads ABS by 14.1 points ABS! 23.2! 23.3! 23.2! 23.8! 24.9! 26.0! and TV5 by 25.7 points TV5! 18.8! 16.4! 16.2! 15.8! 14.7! 14.4!

Based on Total Day (6am -12mn)- Households in TV Homes Source: Nielsen Phils TAM (Arianna) Mega Manila accounts for 59.5% of all * Mar 25 to 31 are based on overnights Number of viewers were computed using the rating point equivalent per Household (54,610) for Urban TV Households Mega) multiplied by an estimated 5 viewers per Household RATINGS UPDATE Continued Leadership in Urban Luzon

Household Ratings

Oct Nov! Dec! Jan Feb! Mar*! 2011! 2012! GMA leads ABS by 4.6 points GMA! 15.8! 17.0! 15.5! 15.9! 16.1! 15.5! and TV5 by 9.9 points ABS! 10.2! 10.3! 9.6! 10.2! 10.8! 10.9! Based on an estimated 5 viewers per Household, GMA’s lead is equivalent to TV5! 7.2! 6.4! 5.9! 6.0! 5.8! 5.6! almost 1.6 M viewers over ABS and close to 3.5 M viewers against TV5 Audience Shares

Oct Nov! Dec! Jan Feb! Mar*! 2011! 2012! GMA! 38.9! 41.3! 40.1! 39.9! 39.8! 38.8! GMA leads ABS by 11.4 points and TV5 by 24.7 points ABS! 25.0! 25.0! 25.0! 25.5! 26.7! 27.4! TV5! 17.8! 15.5! 15.2! 15.0! 14.2! 14.1!

Based on Total Day (6am -12mn)- Households in TV Homes Source: Nielsen Phils TAM (Arianna) Urban Luzon accounts for 77% of all * Mar 25 to 31 are based on overnights Number of viewers were computed using the rating point equivalent per Household (70,430 for Urban TV Households Luzon) multiplied by an estimated 5 viewers per Household RATINGS UPDATE # 1 NATIONWIDE

Household Ratings

Oct Nov! Dec! Jan Feb! Mar*! 2011! 2012! GMA leads ABS by 1.5 point GMA! 14.3! 15.3! 14.0! 14.5! 14.4! 13.8! and TV5 by 8.1 points ABS! 12.0! 11.9! 11.2! 11.4! 12.1! 12.3! Based on an estimated 5 viewers per Household, GMA’s lead is equivalent to TV5! 6.8! 6.1! 5.8! 6.0! 5.8! 5.7! almost 700K viewers versus ABS and over 3.7 M viewers against TV5 Audience Shares

Oct Nov! Dec! Jan Feb! Mar*! 2011! 2012! GMA! 35.3! 37.5! 36.2! 36.7! 36.3! 35.1! GMA leads ABS by 3.8 points and TV5 by 20.5 points ABS! 29.5! 29.3! 29.1! 29.0! 30.4! 31.3! TV5! 16.8! 15.0! 15.0! 15.2! 14.6! 14.6!

Based on Total Day (6am -12mn)- Households in TV Homes Source: Nielsen Phils TAM (Arianna) * Mar 25 to 31 are based on overnights Number of viewers were computed using the rating point equivalent per Household (91,830) for NUTAM TV Households NUTAM) multiplied by an estimated 5 viewers per Household Ad minutes

Diﬀ (2011‐2010) 4Q 2011 4Q 2010 in mins. % inc/dec Total 80,006 93,554 (13,549) (14.5) GMA 21,107 24,473 (3,366) (13.8)

GMA (Less Eat Bulaga/Boxing Specials) 17,924 21,058 (3,135) (14.9) ABS‐CBN 22,949 26,843 (3,893) (14.5)

ABS (Less Mon‐Sat Noonme shows) 21,172 24,129 (2,957) (12.3) GNTV/ QTV* 6,868 7,522 (654) (8.7) TV 5 5,097 4,848 249 5.1 Studio 23 3,599 5,147 (1,548) (30.1)

 Total represents the combined loading of Nielsen-monitored FTA channels (ABS, GMA, GNTV/QTV, TV 5, ETC (RPN)/SOLAR TV, Studio 23, TALK TV/SBN (ETC), RJTV 2nd Ave, NBN and IBC) * QTV was re-launched as GMA NEWS TV (GNTV) on Feb 28, 2011 with a different program line-up • NOTE: Commercial minutes do not include 5 secs, gov’t ads (except political ads), network text-in promos, portion buys, station plugs and Source: Nielsen Phils (Adquest) entertainment related ads (i.e., movies, concerts, tours and stage performance) as classified by The Nielsen Company Phils. Ad minutes

Jan‐Dec Jan‐Dec Diﬀ (2011‐2010) 2011 2010 in mins. % inc/dec Total 323,374 337,278 (13,903) (4.1) Total (Less Polical Ads and Pseudo‐pol ads in 2010) 323,374 224,361 (987) (0.3) GMA 90,475 88,611 1,865 2.1

GMA (Less EB/Boxing Special and Polical Ads in 2010) 77,749 71,626 6,124 8.5 ABS‐CBN 95,854 103,175 (7,322) (7.1)

ABS (Less Mon‐Sat Noonme shows and Pol Ads in 2010) 87,911 83,991 3,921 4.7 GNTV/ QTV* 16,271 28,502 (12,232) (42.9) TV 5 22,659 12,390 10,268 82.9 Studio 23 17,088 15,565 1,523 9.8

7% YoY 9% YoY 4Q 2011 Deals TV3 Ghana – Sold Free TV rights of Marimar, Una Kang Naging Akin, Ang Babaeng Hinugot sa Aking Tadyang and Impostora for telecast in Ghana

DM Don Square – Sold Free TV rights of Kung Aagawin Mo Ang Lahat sa Akin, Ang Iibigin ay Ikaw More than 291 thousand subscriptions More than 114 thousand subscriptions and My Only Love for telecast in Brunei as of end 2011 as of end 2011 Suraya Filem Productions - Sold Free and Pay TV rights of Patient X and My Valentine Girls for telecast in Malaysia and Brunei

Continental Content Distribution Company – Sold Free TV rights of Magdusa Ka, Langit Sa Piling Mo, Kung Aagawin Mo Ang Lahat sa Akin, Ikaw Sana and Kaya Kong Abutin Ang Langit for telecast in Kenya

Currently available in Australia, Canada, Crown Era Ltd - Sold Pay TV rights of Ngayon at Kailanman, Beauty Queen, Ang Babaeng Hinugot Guam, Japan , Madagascar, UAE and soon sa Aking Tadyang, Impostora, Una Kang Naging Akin, in Europe, Malaysia and the United States. Magdusa Ka, Dyesebel, Gumapang Ka sa Lusak and Kung Aagawin Mo Ang Lahat sa Akin for telecast in South Korea Consolidated Financial Report For the Year Ended December 31, 2011

Analysts Briefing GMA Network, Inc. April 10, 2012 CONSOLIDATED GROSS REVENUES For the Years Ended December 31, 2011 and 2010 (In Millions PhP)

* Revenues from regular advertising, subscriptions and others increased by 7% vs. 2010

Pol ads Recurring Airtime revenues +7% Subscription and others +9% Recurring revenues Total Revenues -9% AIRTIME REVENUES For the Years Ended December 31, 2011 and 2010 (In Millions PhP)

* Airtime revenues up 7% from regular advertisers. Ch-7/RTV airtime revenues up by 8% sans political ads of P1.881B in 2010. Radio up 15% minus pol ads of P155M.

2011 2010 Inc (Dec) TV Channel 7/RTV 11,189 10,332 8% Channel 11 (GNTV/QTV) 256 426 (40%) Radio 436 381 15% 11,881 11,139 7% Add: Non-recurring pol ads – 2,054 – Total 11,881 13,193 (10%) SUBSCRIPTION AND OTHER REVENUES For the Years Ended December 31, 2011 and 2010 (In Millions PhP)

* Revenues from international operations up 4%; albeit 6% in dollar-terms.

2011 2010 Inc (Dec) International 965 925 4% Subsidiaries and others 237 181 31% Total 1,202 1,107 9% CONSOLIDATED OPERATING EXPENSES For the Years Ended December 31, 2011 and 2010 (In Millions PhP)

* Total OPEX of P8.984 billion increased by 8% vs. 2010

GAEX +4%

Production costs +11% 57% 55% FINANCIAL HIGHLIGHTS For the Years Ended December 31, 2011 and 2010 (In Millions PhP)

EBITDA and Net Income were down 34% and 39%, respectively

Revenues -9%

Expenses +8%

EBITDA -34%

Net Income -39% INCOME STATEMENT Quarterly Performance

Y2007 Y2008 Y2009 Y2010 Y2011

3587

3384 3138

2354

2187 1989

534 521 525 CAPITAL EXPENDITURES (In Millions PhP) Capital Expenditures for 2011 amounted to P896M FINANCIAL RATIOS For the Years Ended December 31, 2011 and 2010 CONSOLIDATED BALANCE SHEETS (In Millions PhP) DIVIDENDS DECLARED For the Years 2008-2012 (amounts in millions except dividend per share)

Year PY’s NI Div/Share Total Dividend Declared % of PY’s NI

2008 P2,307.2 P 0.25 P1,214.2 53% 2009 2,368.9 0.35 1,701.1 72% 2010 2,818.3 0.45 2,187.1 78% 0.25 1,215.0 43% 2011 2,820.8 0.45 2,187.1 78%

2012 1,698.5 0.40 1,944.1 114%