Attachment Details of DOCOMO's Option Agreement to Purchase
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Attachment Details of DOCOMO’s Option Agreement to Purchase Additional Shares in PLDT 1. Objective Maintain NTT Group’s over 20% stake in PLDT and further strengthen DOCOMO’s business tie-ups with PLDT and Smart Communications, Inc. 2. Terms Expiration: Within 30 days of the shares being listed with the Philippine Stock Exchange Shares to be acquired: 4,562,081, or about 2% of PLDT’s outstanding common stock DOCOMO’s shares after transaction: 31,330,155 shares, or about 14% of PLDT’s outstanding common stock Holdings of DOCOMO and NTT Communications: About 20% (combined) Total cost: About US$263million excluding taxes and relevant expenses (21.6 billion JPY*) * At the exchange rate of JPY82.08 to US$1.00 as of April 28, 2011. 3. PLDT Ownership NTT Group (about 20%) NTT First Pacific JG SUMMIT NTT DOCOMO Communications Company Limited Holdings, Inc. Others (about 14%) (about 6%) (about 23%) (about 10%) (about 47%) Philippines Long Distance Telephone Company (fixed-line operator) Smart Communications, Inc. Digital Telecommunications Philippines, Inc. (wholly owned mobile subsidiary of PLDT) 4. Company Information (including 2010 financial data) Philippine Long Distance Telephone Company Philippines’ largest telecom and parent of Smart Communications, Inc. President and CEO: Napoleon L. Nazareno Headquarters: Manila, Republic of the Philippines Business: Provider of fixed-line and wireless telecommunications in Philippines Consolidated operating revenue in 2010: 144.5 billion PHP (US$3.3 billion) Consolidated net income in 2010: 42 billion PHP (US$966 million) Smart Communications, Inc. Philippines’ largest wireless telecom and wholly owned subsidiary of PLDT Chief Executive Officer: Napoleon L. Nazareno Headquarters: Manila, Republic of the Philippines Business: Provider of wireless telecommunications in the Philippines Operating revenue in 2010: 95.2 billion PHP (US$2.2 billion) Digital Telecommunications Philippines, Inc. Philippines’ 3rd largest fixed-line/wireless telecom and parent of Sun Cellular Chief Executive Officer: James L. Go Headquarters: Manila, Republic of the Philippines Business: Provider of fixed-line and wireless telecommunications in the Philippines Consolidated operating revenue in 2010: 16.5 billion PHP (US$379 million) Consolidated net income in 2010: 500 million PHP (US$11 million) JG SUMMIT Holdings, Inc. One of the biggest conglomerates in the Philippines Chief Executive Officer: James L. Go Headquarters: Manila, Republic of the Philippines Business: Business conglomerate Consolidated operating revenue in 2010: 121.7 billion PHP (US$2.8 billion) Consolidated net income in 2010: 16.3 billion PHP (US$375 million) First Pacific Company Limited Biggest share holder of PLDT Chief Executive Officer: Manuel V. Pangilinan Headquarters: Hong Kong Business: Investment and management in the fields of communications, foods and natural resources with operations located across Asia Consolidated operating revenue in 2010: US$4.6 billion Consolidated net income in 2010: US$400 million Note: Above financial data published in conformity with U.S. GAAP. PHP43.48=USD1.00, as of April 28, 2011. .