14 April 2015 Philippine Stock Exchange 3/F, The Philippine Stock Exchange, Inc. Tower One and Exchange Plaza, Ayala Ave., Makati City Attention: Ms. Janet A. Encarnacion Head - Disclosure Department Philippine Dealing & Exchange Corporation 6766 Ayala Avenue corner Paseo de Roxas, Makati City Attention: Ms. Vina Vanessa S. Salonga Head, Issuer Compliance and Disclosure Department Subject: Report on the Top 100 Shareholders Gentlemen: This is in connection with your Revised Disclosure Rules requiring Cebu Holdings, Inc. to submit a report on the Top 100 Shareholders of the Company. In compliance therewith, we are submitting herewith the list of Top 100 Shareholders of the Company for the Quarter-Ending 31 March 2015. Thank you. Very truly yours, Michelle Marie T. Valbuena Compliance Manager Office of the Corporate Secretary Stock Transfer Service Inc. CEBU HOLDINGS, INC. List of Top 100 Stockholders As of 03/31/2015 Page No. 1 Rank Sth. No. Name Citizenship Holdings Rank -----------------------------------------------------------------------------------------------------------------------1 0004880000 AYALA LAND, INC. Filipino 956,241,737 49.80% 2 0042530700 PCD NOMINEE CORP. (NON-FILIPINO) Foreign 448,724,285 23.37% 3 0042530600 PCD NOMINEE CORP. (FILIPINO) Filipino 264,435,737 13.77% 4 0022550001 FIRST METRO INVESTMENT CORPORATION Filipino 186,695,363 09.72% 5 0036130000 MAKATI SUPERMARKET CORPORATION Filipino 3,013,265 00.16% 6 0098460096 BPI CAPITAL CORPORATION Filipino 2,000,000 00.10% 7 0032200000 LAGUNA PROPERTIES HOLDINGS, INC. Filipino 1,875,000 00.10% 8 0032250925 ALFONSO LAO Filipino 1,750,000 00.09% 9 0032980600 JOSE C. LEE Filipino 1,000,000 00.05% 10 0041820000 AURORA E. PANLILIO Filipino 937,500 00.05% 11 0029070000 VICENTE JAYME JR. Filipino 767,500 00.04% 12 0003477000 FERMIN P. ANGCAO Filipino 670,000 00.03% 13 0052240001 VICTOR G. SY Filipino 625,000 00.03% 14 0050723000 JOSE E. SUAREZ Filipino 618,750 00.03% 15 0098460097 MAXIMINO S. UY Filipino 470,000 00.02% 16 0036178000 ALEJANDRA R. MALAYA Filipino 385,000 00.02% 17 0037530510 ALBERTO MENDOZA &/OR JEANIE C. MENDOZA Filipino 376,250 00.02% 18 0037057000 SALVADOR MARIPOSA Filipino 375,000 00.02% 19 0055210000 MERCEDES A. TUASON Filipino 375,000 00.02% 20 0053440000 VINCENT Y. TAN Filipino 375,000 00.02% 21 0011975500 CAROLYN CHUA Filipino 375,000 00.02% 22 0053240005 ROBERT TAN Filipino 358,750 00.02% 23 0012393000 TEODORA CHUA &/OR IRENE C. LIMTAO Filipino 350,000 00.02% 24 0019181000 EDAN CORPORATION Filipino 347,500 00.02% 25 0043156000 PHILIPPINE INTERNATIONAL LIFE INSURANCE CO., INC. Filipino 344,750 00.02% 26 0041730000 PAN MALAYAN MANAGEMENT AND INVESTMENT CORP. Filipino 337,500 00.02% User ID: TPV Time: 04/08/2015 15:19:44 Stock Transfer Service Inc. CEBU HOLDINGS, INC. List of Top 100 Stockholders As of 03/31/2015 Page No. 2 Rank Sth. No. Name Citizenship Holdings Rank -----------------------------------------------------------------------------------------------------------------------27 0098460209 JUAN G. YU &/OR JOHN PETER C. YU Filipino 333,000 00.02% 28 0098460103 MARINA S. MAGALLANES OR SOFIA MONICA S. MAGALLANES Filipino 320,000 00.02% 29 0032810001 ANTHONY SAMUEL LEE Filipino 312,500 00.02% 30 0041332000 PACIFIC PLAN, INC. Filipino 300,000 00.02% 31 0058790000 WEALTH SECURITIES, INC. Filipino 295,000 00.02% 32 0037530500 ALBERTO MENDOZA &/OR LAWRENCE MENDOZA Filipino 281,250 00.01% 33 0052167000 ROSA C. SY &/OR MARY C. SY Filipino 280,000 00.01% 34 0019130000 EBC SECURITIES CORPORATION Filipino 271,875 00.01% 35 0023480000 G & L SECURITIES COMPANY, INC. Filipino 262,963 00.01% 36 0031949000 WILLIAM Q. KWONG Filipino 250,000 00.01% 37 0039630000 SHERISA P. NUESA AND/OR WILFREDO E. NUESA Filipino 237,500 00.01% 38 0052970000 TAN HUY BIN Filipino 217,500 00.01% 39 0011726200 CHOA EK YONG Filipino 212,500 00.01% 40 0012500000 ERNESTO CHUAKAW Filipino 210,000 00.01% 41 0004920000 VICENTE R. AYLLON Filipino 206,250 00.01% 42 0019110000 EASTERN SECURITIES DEV'T. CORP. Filipino 205,062 00.01% 43 00S0205500 SULFICIO O. TAGUD JR. Filipino 197,310 00.01% 44 0017800000 VICTOR J. DEL ROSARIO Filipino 196,875 00.01% 45 0095854100 EMERITO CALDERON Filipino 193,125 00.01% 46 0043340000 AQUILINO L. PIMENTEL III Filipino 187,500 00.01% 47 0032227700 LAM CHING CHOR Filipino 187,500 00.01% 48 0014851000 ALICE CHEN CUA Filipino 187,500 00.01% 49 0043250000 PHILIPPINE SECURITIES CORPORATION Filipino 187,500 00.01% 50 0002820000 BAYANI M. ALONTE Filipino 187,500 00.01% 51 00SS100296 CAESAR S. SYLIANTENG Filipino 182,862 00.01% 52 0004197000 ENRIQUE ARCENAS &/OR VICTOR ARCENAS Filipino 167,000 00.01% User ID: TPV Time: 04/08/2015 15:19:44 Stock Transfer Service Inc. CEBU HOLDINGS, INC. List of Top 100 Stockholders As of 03/31/2015 Page No. 3 Rank Sth. No. Name Citizenship Holdings Rank -----------------------------------------------------------------------------------------------------------------------53 0018940000 ENRIQUE DY Filipino 157,500 00.01% 54 0045100000 ANGELITA M. RAMOS Filipino 150,000 00.01% 55 0059606000 AGAPITO C. YOUNG Filipino 150,000 00.01% 56 00SS100174 BENJAMIN S. JALANDONI Filipino 146,158 00.01% 57 00S0195000 JOSE O. SOBERANO Filipino 145,878 00.01% 58 0016840000 CONRADO CONSTANTINO V. DE JESUS Filipino 140,625 00.01% 59 0043160000 PHIL. REMNANTS CO., INC. Filipino 135,000 00.01% 60 0045070000 RAMON F. VILLAVICENCIO Filipino 131,250 00.01% 61 0047108000 ATTY. EDMUND Y. RUARO Filipino 131,250 00.01% 62 0041787000 ATTY. FRANCISCO S. PANGILINAN Filipino 125,250 00.01% 63 0025045000 JUNE UY GO Filipino 125,000 00.01% 64 0040685700 TOMMY ONG Filipino 125,000 00.01% 65 0005090000 NOLI B. BAJADA Filipino 120,125 00.01% 66 00SS100109 EBC SECURITIES CORPORATION Filipino 117,455 00.01% 67 0028345000 INTSIA HOLDINGS, INC. Filipino 112,500 00.01% 68 0055290000 EMILIO J. TUMBOCON Filipino 112,500 00.01% 69 0033624000 ALICIA LIM &/OR JOY LIM &/OR RICHARD T. LIM Filipino 112,500 00.01% 70 0026092000 ARTURO A. GUANZON Filipino 111,250 00.01% 71 00SS100325 PILAR G. VAZQUEZ Filipino 109,618 00.01% 72 00SS100178 VICENTE JAYME JR. Filipino 109,618 00.01% 73 0013740000 CONNELL SECURITIES, INC. Filipino 109,250 00.01% 74 0011513500 STEPHANIE Y. CHENG &/OR VICENTE Y. CHENG Filipino 106,250 00.01% 75 0033732000 EDWIN LIM Filipino 101,250 00.01% 76 0053560000 LUIS S. TANJANGCO Filipino 101,250 00.01% 77 0098460083 VERONA S. AGUSTINES Filipino 100,000 00.01% 78 0011978510 FERNANDO O. CHUA Filipino 100,000 00.01% User ID: TPV Time: 04/08/2015 15:19:44 Stock Transfer Service Inc. CEBU HOLDINGS, INC. List of Top 100 Stockholders As of 03/31/2015 Page No. 4 Rank Sth. No. Name Citizenship Holdings Rank -----------------------------------------------------------------------------------------------------------------------79 0033949000 JENNIFER C. LIM &/OR JEFFREY C. LIM Filipino 100,000 00.01% 80 0056397000 MAXIMINO S. UY &/OR HUE HUA LIM Filipino 100,000 00.01% 81 0098460140 VERONA S. AGUSTINES Filipino 100,000 00.01% 82 0002250000 VERGEL A. AGUILAR Filipino 94,375 00.00% 83 0018660000 VIOLETA C. DRILON &/OR FRANKLIN M. DRILON Filipino 93,750 00.00% 84 0025180000 RICARDO S. GO Filipino 93,750 00.00% 85 0054130000 AGAPITO J. TIANGCO Filipino 93,750 00.00% 86 0054593000 GERRY C. TOLENTINO Filipino 93,750 00.00% 87 0053017000 MRS. JOYCE TAN &/OR MR. DAVY TAN Filipino 93,750 00.00% 88 0054040000 MARGARITO B. TEVES Filipino 93,750 00.00% 89 0054411000 ATHENA TIU OR DISNEY TIU Filipino 93,750 00.00% 90 0044840000 ALLLEN SALAS QUIMPO Filipino 93,750 00.00% 91 0042200000 JEROME V. PARAS Filipino 93,750 00.00% 92 0019080000 E. ZOBEL, INC. Filipino 93,750 00.00% 93 0053050000 LEOVIE G. TAN Filipino 93,750 00.00% 94 0038150000 RAMON V. MITRA Filipino 93,750 00.00% 95 0043140000 A. TIMOTHY PETERSON American 93,750 00.00% 96 0010159000 JOSE CASTELLANO Filipino 93,750 00.00% 97 0006540000 LUIS D. BELTRAN Filipino 93,750 00.00% 98 0018650000 VIOLETA C. DRILON Filipino 93,750 00.00% 99 0059190000 YANG HUA HUANG Chinese 93,750 00.00% Filipino 93,750 00.00% 100 0054095000 CHOA THIAN User ID: TPV Time: 04/08/2015 15:19:44 Stock Transfer Service Inc. CEBU HOLDINGS, INC. List of Top 100 Stockholders As of 03/31/2015 Page No. 5 Rank Sth. 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