Corporate Presentation

Dr. Victor S. Limlingan Managing Director

DMCI Holdings, Incorporated

June 2013

Construction

Founded in 1954, it is

acknowledged as one of the

leaders in the Philippine

construction industry

Among the largest

construction companies

in the Philippines

Built more than 500 buildings

and structures

Built national landmarks

Pioneered construction

techniques in the Philippines

One of the first to use precast,

pre-stressed and high-strength

ready-mixed concrete

Construction

Infrastructure

Buildings

LRT North Extension

Alabang Skyway

TPLEX

168 Residences

Shangri-la Boracay

The Fairmont Hotel

NPC Dingle Power Plant

Mirant Panay Power Plant

Construction

Power Plants

Utilities

La Mesa treatment plant

Maynilad pipe laying works

High-rise condominiums

Townhouses House & Lot

Mid-rise condominiums

Residential Leisure

Site Development Plan

Real Estate

Location

Semirara Island is a part of the Caluya group of islands in Caluya, Antique. It is located in Region VI - Western Visayas - under the province of Antique.

Semirara Island, Caluya Province of Antique Land Area = 55 sq. km. or 5,500 hectares Three (3) Barangays Nine (9) Sitios Population - 12,000 (estimate) Livelihood – Fishing & Farming

Island Profile

Before (1996)

Production (‘000 MT) 806

Revenue (Php Mn) 654

Net Income (Php Mn) (2,335)

FOB Price (Php) 997

Purchase Price (Php Mn) (66% equity)

672

Mining Coal Mining

*Based on Semirara’s Market Price as of June 2013

After

(as of December 2012)

Production (‘000 MT)

7,657

Revenue (Php Mn)

14,450

Net Income (Php Mn) Total Consolidated

3,088

FOB Price (Php) 2,453

Market Value* (Php Mn)

(56% equity) 47,082

Maynilad is the largest water concessionaire in terms of customer base

Maynilad holds a 25-year exclusive concession to provide water in the West Zone (starting 1997). Extension of 15 years approved by MWSS

Maynilad covers 9 cities and 3 municipalities in the Metro Manila area

Areas with heavy concentrations of industrial and commercial activities

Maynilad’s coverage area is approximately 540 sq. km. includes 1 city and 5 municipalities in Cavite province. Cavite is one of the most rapidly industrializing provinces in the Philippines Maynilad currently supplies approximately over 2,400 million litres per day of water to approximately 7.4 million of the area’s 9.3 million population

Laguna de Bay

Manila Bay

BULACAN

Water

Before (December 2007)

Billed Volume (mcm) 286

Revenue (Php Mn)

100%

7,377

Net Income (Php Mn)

100%

1,666

NRW (%) 66.0

Purchase (Php Mn) (42% equity)

3,000

Water

After (as of December 2012)

Billed Volume (mcm) 428

Revenue (Php Mn)

100%

15,834

Net Income (Php Mn)

100%

6,386

NRW (%) Ave. 43.47

Market Value* (Php Mn) (42% equity)

34,294

*Reduced to 25% on Feb. 2013 due to sale of 16% interest to Marubeni for a total amount of Php 13 billion

600MW Coal-Fired Power

Plant Calaca, Batangas

Capacity : 300 MW x 2 Thermal Coal fired

Plant Location : San Rafael, Calaca, Batangas Market (Offtaker) : WESM (Open Market) Other electricity distributors

(Meralco, etc.) Project Cost : USD 361.7 million Sources of Funds : 45% Equity 55% Debt Equity Structure : 100% Semirara

Power

Before (Dec. 2009 )

Generation (GWh) 181

Revenue (Php Mn) 444

Net Income (Php Mn) 59

Purchase (Php Mn) (100% owned by SCC)

16,290

Power

After (3Q 2012)

Generation (GWh) 2,463

Revenue (Php Mn) 9,700

Net Income (Php Mn) Total Consolidated

3,280

Market Value (Php Mn) (100% owned by SCC)

64,600

*Based on UBS estimated NAV (as of January 2013)

From its initial capital of Php250 million, DMCI Mining has been able to generate net income of more than Php500 million and P900 million for 2010 and 2011 respectively. Though subject to the ups and downs of the nickel commodities market, DMCI Mining believes its mining experience and engineering heritage allows it to operate efficiently providing some buffer to adverse market conditions.

DMCI Mining Corp. has been in operation since May 2007 and has been operating mainly in the province of Zambales in the Philippines. Its current operations are in direct shipping ore mining for nickel tenement owners Benguet and European Nickel for their Zambales nickel mines.

Profile

Project Location

The nickel mining business operating results are Direct Shipping Ore (DSO) contracts with Benguet Corp. and Acoje mines.

Financials

Operate in industries where

engineering expertise provides a

competitive strategic advantage

Operate in industries where political

clout is not a significant factor

If you must, partner with one who has

political clout

DMCI Holdings:

Previous Strategy

Given the policy of the present

administration, consider industries

where political clout used to be a

significant factor

Expand into mining

Participate as proponent in PPP projects

Present Strategy

Harvest

Water Utility (Maynilad)

Hold

Coal (Semirara)

Real Estate (DMCI Homes)

Expand

Mining (European Nickel)

Power (Calaca)

Construction ( MRT 7, Naia Expressway, Nlex-Slex

Connector Roads)

Diversify

Infrastructure (LRT 1 Extension)

Portfolio Strategy

OFFER TO ACQUIRE ENK SHARES

Joint Offer with D&A

Income Ltd (D&A)

who owns 29.8% of

ENK shares

Offer to acquire all

shares of ENK PLC

Sharing Agreement 60 - 40 (DMCI - D&A)

Offer Price GBP 0.19 per share

(38.9% premium of the

average stock price)

Offer Value GBP 49.8 million

Acquisitions

OFFER TO ACQUIRE ENK SHARES

Joint Offer with D&A

Income Ltd (D&A)

who owns 29.8% of

ENK shares

Offer to acquire all

shares of ENK PLC

Sharing Agreement 60 - 40 (DMCI - D&A)

Offer Price GBP 0.19 per share

(38.9% premium of the

average stock price)

Offer Value GBP 49.8 million

Acquisitions

Sem-Calaca Site

Note: Masinloc, MakBan , Pagbilao and Sual under TSC until Dec 25, 2012

MERALCO Contract Prices with Coal-Fired Plants

Note: Masinloc, Pagbilao and Sual Effective upon expiration of TSC (Dec 26, 2012)

MRT 7

Naia Expressway

MPIC Connector Road

MPIC Connector Road [Image 2]

MPIC Connector Road [Image 2]

Pledge to Investors

DMCI will seek a fair, not an over

valuation of its shares

DMCI will focus on the long-term,

not the short-term

DMCI will respect the rights of its

Minority Stockholders