Shareholding Structure

Title of Class Common Shares

Name and address of record owner and relationship with issuer

MAI-I Resources Corporation

375-G Acacia St., Lahug, Cebu City

Stockholder

Name of Beneficial Ownership and Relationship with Record Owner

MAI-I Resources Corporation

Citizenship Filipino

Number of Shares Held 464,831,568

Percentage 45.42%

Title of Class Common Shares

Name and address of record owner and relationship with issuer

JEG Development Corporation

Blue Garden Commercial Complex, Wilson St.,Lahug, Cebu City

Stockholder

Name of Beneficial Ownership and Relationship with Record Owner

JEG Development Corporation

Citizenship Filipino

Number of Shares Held 311,524,642

Percentage 30.44%

Title of Class Common Shares

Name and address of record owner and relationship with issuer

Mirant Global Corporation

5F,CTC Building, 2232 Roxas Blvd., Pasay City

Stockholder

Name of Beneficial Ownership and Relationship with Record Owner

Mirant Global Corporation

Citizenship Filipino

Number of Shares Held 116,555,553

Percentage 11.39%

Title of Class Common Shares

Name and address of record owner and relationship with issuer

PCD Nominee (Filipino) Participants are stockholders of the Company

Name of Beneficial Ownership and Relationship with Record Owner

Various PCD participants

Citizenship Filipino

Number of Shares Held 68,456,249

Percentage 6.59%

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