CEBU HOLDINGS, INCORPORATED - Cebu City

Cebu Holdings, Inc. (CHI) is engaged in real property ownership, marketing, management and development. It was registered with the Securities and Exchange Commission on December 9, 1988 and listed at the Philippine Stock Exchange on February 14, 1994. CHI is an affiliate company of Ayala Land, Inc. CHI's operations consist of rental of retail space, commercial land sales, office and residential condominium sales, sale of proprietary sports club shares, sale of residential subdivisions, lease of office space (e-office) via Cebu Property Ventures & Development Corporation, and hotel development/operations via Cebu Insular Hotel Co., Inc. CHI owns and manages the Cebu Business Park, a 50-hectare business and commercial subdivision in Cebu City. So far CHI has developed two office  

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condominiums in Cebu-the Cebu Holdings Center and Ayala Life-FGU Center Cebu, and two residential condominiums-Park Towers I and II. CHI has also developed the City Sports Club Cebu in partnership with Ayala Land, Inc. In 2005, CHI launched its seaside residential development community, Amara, in partnership with Cebu Coastal Highpoint Ventures, Inc. CHI's subsidiaries and associates are composed of CBP Theater Management; Inc., Cebu Leisure Company, Inc., Cebu Property Ventures & Development Corporation, and Cebu Insular Hotel Company, Inc. Source: SEC Form 17-A (2008)