Announcement Of Cessation As Alternate Director 23 April 2010

Resignation Details
Name Of Person Perry L. Pe
Age 48
Is Effective Date Of Cessation Known? Yes
Effective Date Of Cessation 23/04/2010
Detailed Reason(s) for Cessation Ceased to be an alternate director to Mr Gabriel C. Singson who retired on 23 April 2010.
Is there any difference of opinion on material matters between the person and the Board of directors? No
If yes, please elaborate NA
Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? No
If yes, please elaborate NA
Any other relevant information to be provided to shareholders of the listed issuer? No
If yes, please elaborate NA
Date of Appointment to current position 13/06/2001
Job Title Alternate Director
Role and Responsibilities Alternate Director to Mr Gabriel C. Singson
Does the AC have a minimum of 3 members (taking into account this resignation)? Yes
Number of Independent Directors currently resident in Singapore (taking into account this cessation) 3
Number of Cessations of Appointments specified in Listing Rule 704(7) over the past 12 months 5
Shareholding in the listed issuer and its subsidiaries Nil
Family relationship with any director and/or substantial shareholder of the listed issuer or of any of its principal subsidiaries 1) Son-in-law of Dr. John Gokongwei, Jr. and
2) Brother-in-law of Mr Lance Y. Gokongwei.
Other Directorship
Past Directorship (for the last five years) 1) Singapore Land Limited
Present Directorship 1) Steniel Manufacturing Corporation - Chairman
2) Oriental Petroleum & Minerals Corp. - Director
3) Delphi Group, Inc. - Director
4) Araneta Properties, Inc. - Director
5) Ace Saatchi & Saatchi Philippines, Inc. - Director
6) Hands On Manila Foundation - Trustee