April 4, 2016

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 clarifications on the following news articles:

1. “DMCI unveils plan to expand overseas” posted in The Standard (Internet Edition) on April 1, 2016, which reported in part that:

“DMCI Holdings Inc., the holding company of the Consunji family, plans to expand overseas over the next five years.

DMCI chairman and president Isidro Consunji said the company was looking at Vietnam, Myanmar and East Timor as possible investment sites for its core businesses, including water and construction.

The group is in talks with Marubeni Corp. of Japan as a possible joint venture partner for overseas venture, he said.

Consunji said aside from looking overseas for investment opportunities, the company still saw a lot of growth opportunities in the Philippines, given its steady economic growth. . . . .”

2. “DMCI in talks with Meralco, Marubeni on coal power plant” posted in The Standard (Internet Edition) on April 3, 2. “DMCI in talks with Meralco, Marubeni on coal power plant” posted in The Standard (Internet Edition) on April 3, 2016, which reported in part that:

“DMCI Holdings Inc., the listed holding company of the Consunji family, is in talks with Manila Electric Co. and Marubeni Corp. of Japan to build a 700­megawatt coal power plant in Batangas province.

DMCI chairman and president Isidro Consunji said his company was in preliminary discussions with the two groups and hoped to finalize an agreement within the year.

Initial negotiations point to DMCI and Meraclo owning 40 percent each in a consortium that will build and operate the planned coal power plant, with Marubeni holding the balance.

The proposed power plant project is the second phase of the planned expansion of the Calaca coal­fired plant facility. . . . .”

REPLY:

We wish to confirm the following:

1. The Company is keen on pursuing construction and water infrastructure opportunities within the region. Exploratory talks are underway with a number of possible partners, one of which is Marubeni Corporation of Japan.

2. The Company is in talks with a number of entities for possible coal power joint ventures. These entities include, but are not limited to, Marubeni Corporation and Meralco.

Thank you.