April 30, 2015

DISCLOSURE DEPARTMENT

The Philippine Stock Exchange

3/F Tower One and Exchange Plaza

Ayala Triangle, Ayala Avenue

Makati City

Attention: JANET A. ENCARNACION

Head, Disclosure Department

Gentlemen:

We reply to your request for clarification on the news article entitled “DMCI sets core profit guidance at up to P13 billion for this year” posted in BusinessWorld Online on April 29, 2015. The article reported in part that:

“INFRASTRUCTURE conglomerate DMCI Holdings, Inc. has set a core profit target of P12 billion to P13 billion for 2015, recovering from last year’s weak earnings results, its chairman said.

The higher end of that target range would be equivalent to a 26% gain from the core profit of P10.3 billion it reported last year, based on DMCI’s annual financial report.

. . . .

Speaking on the sidelines of the company’s stockholders’ meeting in Mandaluyong City late on Tuesday, DMCI Holdings Chairman and President Isidro A. Consunji said the core net income target is “between P12 and 13 billion this year.”

. . . .”

We wish to clarify the following information contained in the above news report:

1. The Company has set a core profit target of P12 billion to P13 billion for 2015. Compared to last year, we are expecting stronger profit results from our core businesses, particularly power and construction. The new 2x150 MW power plant is scheduled to go online this year, which would allow us to generate and sell additional electricity. Aside from the recently awarded LRT Line 2 Masinag Extension Contract, D.M. Consunji, Inc. has secured a new infrastructure project, the details of which will be disclosed once the requisite clearance from the project proponent has been secured.

2. The Company did not hold an Annual Stockholders’ Meeting (ASM) last Tuesday as mentioned in the above report. As clearly stated in its By-Laws, the Company’s ASM shall be held on the last Wednesday of July of each year. The Board of Directors will formally announce the date and venue of the ASM in a disclosure under SEC Form 17-C.

We hope this clarifies the matter.

Thank you.