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BULIG BISAYA | The Ayala group is responding to the crisis in the aftermath of Typhoon Yolanda through the restoration of vital services such as telecommunications and banking, provision of potable water, as well as relief and rebuilding operations carried out by its companies and employees in cooperation with government agencies and partner organizations.

MTP LANDS IN BANTAYAN. In addition to providing Baso Water in Leyte, Manila Water (through its subsidiary Cebu Manila Water Development and in coordination with the LGU), has also deployed its Mobile Treatment Plant to Bantayan Island with a population of more than 74,000. The MTP is manned by a team of 8 and is stationed at Barangay Ticad. Since Saturday, it has produced 38,400 liters of potable water sourced from seawater.

ONE BIG AYALA VOLUNTEER NIGHT NOV 22 FRIDAY 6PM. Aside from donating cash and in kind, employees in the Ayala group have been participating in relief goods repacking since last week. On Friday, the Ayala group will gather as one. Contact your HR department to sign up for the One Big Ayala Volunteer Night. Ayala, Bulig Bisaya!

BPI FOUNDATION, BPI REMITTANCE WAIVED FEE UNTIL NOVEMBER 30. BPI has waived remittance fees for donations sent through BPI Europe and BPI Remittance Centers. Beneficiary institutions are Ayala Foundation, BPI Foundation, ABS-CBN Foundation Sagip Kapamilya, Caritas Manila, and the Philippine National Red Cross. For the list of branches and remittance centers, go to www.bpiexpressonline.com.

HOT MEALS FOR EVACUEES, RESIDENTS / AFI, ABC CEBU, GLOBE REACH OUT. With funds from AFI, Ayala Business Club Cebu prepared packed meals for Leytehanons arriving in Cebu. Volunteers from ABC Cebu, Honda, and Stream distributed meals to evacuees who arrived yesterday, Nov 18, at the Rafael Ramos Naval Base.

In Capiz, Globe set up a mobile kitchen providing hot meals for 1,000 people. It also distributed hot meals in Concepcion and Sara, Iloilo, last week.

CORPORATE ROUNDUP
– 80% Globe network in the Visayas restored #BangonPIinoy
– P750k IMI employees’ pledges and savings from cancelled events
– P3.6M Donations raised among BPI employees as of Nov 18 10AM
– P4.5M Donations raised among AC, Liveit, Aviation, and HRMall employees and savings from events as of Nov 19
– P931k Ayala Auto associates’ donations and company savings
– P5M Ayala Land’s initial donation coming from event savings across all strategic business units (SBUs)
– 89 out of 92 BPI and BPI Family Savings Bank branches in affected areas now operational with the reopening in Ormoc and Baybay. Only 3 Tacloban branches are closed

Bulig Bisaya | The Ayala group is responding to the crisis in the aftermath of Typhoon Yolanda through the restoration of vital services such as telecommunications and banking, provision of potable water, as well as relief and rebuilding operations carried out by its companies and employees in cooperation with government agencies and partner organizations.

Ayala Land
Using Iloilo and Cebu as its base of operations, Ayala Land is reaching out to communities in Central and Eastern Visayas. An ALI team was joined by medical doctors from University Physicians Medical Center to provide first aid in Iloilo.

Ayala Malls continue to accept donations and the first batch of relief goods has been delivered to Red Cross . Meanwhile, FamilyMart pledged P10 million worth of relief goods and has set up donation boxes in all stores in Japan.

El Nido Resorts is transporting relief goods through Island Transvoyager planes to Northern Palawan.

Ayala Land has postponed the opening of the light and sound show at Ayala Triangle Gardens to November 20. All Christmas concerts and events at Ayala Malls are now fundraising events.

Said ALI President and CEO Antonino Aquino: “We are concentrating assistance efforts in the northern part of Iloilo where the devastation is just as severe as in other areas, but has not received national attention. We will focus on rehabilitating the coastal towns of Carles and Estancia so that families in the dangerous elevations will be relocated to a safe area. We will also be engaged in helping fishermen resume their livelihood by providing fishing gear that was lost.”

Globe Telecom
Globe has restored close to 70% of affected cell sites in the Visayas. Tacloban now has 2 working cellsites. It has also restored cellular service in most of Southern Leyte, Bohol, Cebu, Guimaras, Negros Oriental, and Negros Occidental. Coverage has improved in Western Samar, Aklan, Capiz, and Antique.

Relief goods and hot meals are being distributed by Globe in Panay, Northern Cebu, and Leyte. It also made donations of prepaid load to LGUs, DepEd, and Red Cross.

Subscribers may convert Globe Rewards points as peso donations. Libreng Tawag, Libreng Charging, and Libreng Internet centers continue to serve the public, including evacuees arriving at Villamor Air Base.

The public may drop off relief goods at Globe’s iPhone 5S and 5C launch tomorrow at the NBC Tent in Bonifacio Global City. Subscribers who will claim their new phones may donate money through GCash.

Integrated Micro-Electronics, Inc.
IMI customers have also donated to Ayala Foundation. Employees are participating in donation drives and repacking of relief goods.

Manila Water
Manila Water is deploying its Mobile Treatment Plant to Bantayan Island; it arrives in Cebu today or early morning tomorrow. It produced 6,500 cups of Baso Water today, bringing its total to more than 25,000 since Tuesday. After the initial shipment to Leyte, Baso Water will now be coursed through DSWD/Red Cross.

Ayala Foundation / Ayala Business Club Cebu
Ayala Foundation has released P200,000 to Ayala Business Club Cebu to provide meals for evacuees from Tacloban who continue to arrive in Cebu City. The evacuees are now sheltered at the Mactan Air Base, Cebu City Coliseum, and Barangay Tinago Sports Complex.

Ayala Corporation’s (Ayala) net income in the nine months ended September rose by 20% year on year to P10.4 billion. Netting out the impact of the accelerated depreciation as a result of the network modernization of Globe Telecom, core net income rose at an even higher rate of 32% to P12.3 billion. The growth was driven by its real estate and banking units, the steady performance of its water business, and the sustained improvement in profitability of its international businesses. The strong performance of these business units resulted in equity earnings reaching P13.9 billion, 26% higher year on year.

Ayala President and Chief Operating Officer Fernando Zobel de Ayala commented, “Overall, we are pleased that all our key business units are able to sustain their strong earnings growth trajectory. The economy continues to support much of this momentum with both consumer and business confidence largely upbeat. This has, in turn, allowed our business units to continue to expand aggressively in their respective sectors and tap new customers particularly in underserved markets. We remain committed to invest in the country’s growth prospects as we support infrastructure development in the country. This is particularly critical in light of the massive destruction caused by the recent earthquakes in Cebu and Bohol as well as super typhoon Yolanda. The Ayala group has been engaged in relief and rehabilitation efforts at various levels across its business units.”

For year-to-date ended September, Bank of the Philippine Islands (BPI), contributed nearly half of equity earnings as its net income registered a 19% jump year-on-year to P15.8 billion. BPI’s performance was underpinned by a 12% growth in revenue as net interest income and non-interest income improved, while operating expenses increased by a much slower pace of 6.7%. Total bank deposits continued to expand reaching P889 billion by the end of the period. Business activity was brisk across corporate, middle market, and consumer segments, which reflected in the bank’s healthy 15% loan growth. Notwithstanding the expansion in loans, non-performing loan ratio improved further to 2.1%. BPI remains well capitalized with a Capital Adequacy Ratio (CAR) of 16.1%. It recently announced its plan to raise P25 billion in a stock rights offering, proceeds of which will be used to support the bank’s strategic growth initiatives. The bank’s performance over the nine-month period resulted in a Return on Equity of 20.5%.

Its real estate unit, Ayala Land, Inc. (Ayala Land) continued to maintain strong momentum. Year-to-date earnings rose by 30% to P8.6 billion, putting it on the verge of exceeding its five-year target to hit P10 billion in net income by 2014. Consolidated revenue reached P57.7 billion, up 38% compared to the same period last year driven by the upbeat performance of all key business lines. Residential revenue rose by 23% due to strong bookings across all residential brands. The company’s five residential brands altogether launched 11,787 units in the first nine months, with average monthly sales take-up reaching an all-time high. Commercial leasing revenue grew by 22% to P13.1 billion, while its services business generated P17.2 billion in revenue, 18% higher year-on-year. Ayala Land continues to expand in many parts of the country as it develops new townships across key metros. This ensures a pipeline of development projects that will sustain its growth in the years ahead.

Its water business, Manila Water, registered P4.3 billion in net income in the first nine months which was 9% higher versus the same period last year. Revenue rose by 6% to P11.5 billion driven by moderate billed volume growth, improvement in average tariff resulting from the CPI adjustment, and higher contribution from the operating subsidiaries. As of the end of September, Manila Water has been able to provide 917,000 water service connections from 889,000 in September last year in the East Zone, while it continues to make investments to ensure consistent water supply to nearly 100% of its customers. It also continues to invest in its new businesses outside the East Zone, particularly in Boracay, Clark, and Laguna where it has increased water connections to reach more customers while significantly reducing non-revenue water. Manila Water is also in the process of constructing its bulk water supply project in Cebu which is targeted to start operations in June 2014. In the meantime, the company’s international operations under Thu Duc Water BOO and Kenh Dong WS JSC have also contributed positively, accounting for 5% of net income. The Company is still awaiting final result of its 2013 Rate Rebasing exercise via an Arbitration process as stipulated in Concession Agreement in the East Zone. The Company has elevated the Rate Rebasing Determination in the East Zone to the Appeals Panel duly constituted under the Concession Agreement.

In the meantime, Manila Water is actively engaged in the relief efforts to help victims of Typhoon Yolanda. It has dispatched 9,000 Baso Water or potable water in sealed plastic cups together with relief goods for distribution to the typhoon victims particularly in badly hit towns of Tanauan, Dulag, Tolosa, and Palo in Tacloban. The company is also working closely with government authorities for possible deployment of a mobile water treatment plant to provide clean and potable water to severely affected communities.

Ayala’s telecom unit, Globe, sustained its growth momentum with consolidated service revenue up 10% to P67 billion driven largely by its mobile business. Mobile revenue expanded by 8% with postpaid delivering a solid growth of 20%, while prepaid held steadily. Revenue from the broadband and fixed line data segments also contributed to the top line growth. Globe’s mobile subscribers reached 36.5 million, a 14% expansion year-on-year. The continued growth in the postpaid subscriber base is attributed to the success of its customizable plans, the bundling schemes for the latest smartphone devices, as well as the expanded sales channels led by the Globe concept stores. Globe’s broadband subscribers also grew by 15% year-on-year to 1.9 million with broadband revenue expanding by 22% from a year ago. Fixed line data also sustained momentum with revenue up 12%. Globe’s reported net income reached P3.5 billion. Excluding the impact of the accelerated depreciation as a result of its ongoing network modernization program, core net income grew by 9% to P9.5 billion.

Globe sustained multiple damages to its cellsites in the Visayas region following the devastation brought by Typhoon Yolanda. Ongoing restoration efforts have yielded close to 50% of its communication lines in the Visayas which was serviceable as of November 11. A total of 520 2G/3G sites have been reactivated since the onslaught of the typhoon. Globe restored one serviceable site in Tacloban, the hardest hit province in the region. Globe is accelerating repair and rehabilitation efforts in partnership with key government institutions including the Phil. Air Force and the Phil. Navy to transport heavy network equipment, fiber optic cables and communication poles. Aside from Tacloban, some of the critical sites restored were in the provinces of Iloilo, Ormoc, Roxas, Leyte, and Boracay. Parallel to these efforts, Globe is also mobilizing Libreng Tawag and Libreng Charging stations to augment communication needs of residents in the typhoon-ravaged areas.

Ayala’s international businesses have sustained improvements in profitability.

Its electronics unit, Integrated Microelectronics, Inc. (IMI) reported net income in the first nine months of US$5.3 million, up 6% versus the same period last year, while revenue rose by 10% to US$547.1 million. IMI continued to grow steadily despite the weak global economic environment as it benefitted from the diversification strategy it undertook in previous years.

In the meantime, its business process outsourcing unit, LiveIt, achieved continued growth in revenue and profitability. For the first nine months of the year share of revenue increased by 14% year-on-year to US$288 million while share of earnings before interest, tax, depreciation and amortization (EBITDA) grew by 19% year-on-year to US$26.4 million.

The Ayala group has invested nearly P76 billion of its P 135.8 billion capital expenditure program allotted for this year. At the parent level, Ayala has committed P10 billion in investments thus far which includes its acquisition of an additional 10% stake in BPI and its initiatives in various power generation projects.

The company recently announced the issuance of P10 billion preferred shares, proceeds of which will be used to pre-pay higher costing debt and ensure sufficient funding source for its planned investments. At the end of September Ayala parent company had nearly P33 billion in cash and a low net gearing level with net debt to equity of 0.28 to 1.

The above statement pertains to the disclosure made today, November 14, 2013, to the SEC, PSE, PDex, by Ayala CFO Chito Gonzalez.

BULIG BISAYA | The Ayala group is responding to the crisis in the aftermath of Typhoon Yolanda through the restoration of vital services such as telecommunications and banking, as well as relief operations carried out by its companies and employees in cooperation with government agencies and partner organizations.

GROUPWIDE UPDATES

• The Ayala group has made an initial donation of P10 million to DSWD and various organizations.
• Business partners of Ayala companies have also pledged to donate in cash and in kind, including Mitsubishi Corporation (JPY 20,000,000, or approximately US$200,000 through Ayala Foundation); SingTel (S$50,000 for Globe’s relief operations); Optus (150 satellite phones); Amdocs (water purifying equipment); and Milestone Group (AU$5,000). Pledges are also coming in from employees of these partner companies including those of CII in Vietnam and Milestone.
• Ayala Aviation continues to transport personnel and relief goods from Manila/Cebu to Tacloban in support of the Ayala group’s relief efforts led by BPI and Globe, in coordination with Ayala Business Club (ABC) Cebu.
• Close to 60% of base stations in affected areas have been restored as of 6AM today. In the Visayas alone, 53% of 3G-enabled sites and 40% of 2G sites are now operational.
• In addition to Libreng Tawag, Libreng Charging, and Libreng Internet services already provided by Globe, the company has also deployed Cellsite on Wheels (COW) to Tacloban and Borongan.
• Addressing other areas, Ayala Land sent medical doctors to Iloilo. Manila Water shipped 150 boxes (8,560 cups) of Baso Water to Leyte to benefit the towns of Tanauan, Tolosa, Dulag, and Palo. Included in the shipment are 20 boxes of food, 20 boxes of bottled water, 30 boxes of clothes, and a sack of rice from its employees. ABC Cebu will send a generator set to Northern Cebu.
• For customers in Leyte, Samar, Cebu, Aklan, Antique, and Capiz, Globe is offering 25 free SMS per day that may be used for local and international messages, starting today until November 17. The initiative is in coordination with other telcos.
• In the Central Eastern Visayas area, 5 BPI branches remain closed, all in Leyte (3 in Tacloban, 1 in Ormoc, 1 in Baybay); all other BPI branches in Cebu, Batangas/Palawan, and Panay, and BPI Family Savings Bank branches in the VisMin area are operational with a few on offline mode.
• Ayala Foundation is taking the lead in mobilizing employees and the public for donations in cash and in kind.

DROP OFF POINTS FOR IN-KIND DONATIONS

Metro Manila

• Tower One and Exchange Plaza, Ayala Avenue, Makati City – Suite E2, Ground Floor
• Ayala Malls (Glorietta, Greenbelt, TrinoMa) – Concierge
• Manila Water – Headquarters in Quezon City, and 8 business area offices (Balara, Cubao, Marikina, Pasig, Mandaluyong, Makati, Taguig, and Rizal)
• BPI Building, Ayala Avenue, Makati City – BPI Head Office Canteen c/o BPI Foundation between 7 AM and 4:30 PM (Wednesday) and until 2 PM, November 14 (Thursday)

Cebu

• Ayala Center Cebu – Concierge

DONATE CASH FOR RELIEF EFFORTS

• Ayala Foundation’s Laging Handa and other channels – www.ayalafoundation.org
• BPI – Log on to www.bpiexpressonline.com > Payments & Reloading > eDonations
• Globe GCash – Dial *143#, select GCASH > Others > Donate. Or use the GCash mobile app on Android and Blackberry or go to www.globe.com.ph/gcashonline
• ADeals.ph – Purchase “donation vouchers” to be coursed through Ayala Foundation

For donations from outside the Philippines:

Ayala Foundation

Wire transfer to: Ayala Foundation, Inc
Account Number: 0014-0463-48
SWIFT Code: BOPIPHMM
Bank of the Philippine Islands
6768 Ayala Avenue cor. Paseo de Roxas Makati City 1226 Philippines

Or donate online at:
http://feedthehungryphil.org/ayala-foundation-inc/

BPI Foundation

Waived remittance fee until November 30, 2013 for donations sent through BPI Remittance Centers or BPI Europe Plc to:

BPI Foundation CA 0011-1530-89
Reference Number: YOLANDA-[Indicate Donor Name]
SWIFT Code: BOPIPHMM

For other advisories, follow @Ayala_1834 (Twitter) and Ayala Corporation(Facebook).

Bulig Bisaya | The Ayala group is responding to the crisis in the aftermath of Typhoon Yolanda through the restoration of vital services such as telecommunications and banking, provision of potable water, as well as relief and rebuilding operations carried out by its companies and employees in cooperation with government agencies and partner organizations.

“At this stage, our company and myself personally… we’re focused mostly on restoration, we’re focused on relief, we’re focused on evacuating our own Globe corporate people.” – Ernest Cu, Globe President and CEO, in an interview with CNBC Asia on November 14

Ayala Foundation has received P2.1M in actual donations and P21.8M in pledges. Of these funds, P200,000 has been used by ABC Cebu for food packs for Tacloban evacuees and P60,000 was given to support DSWD’s logistical needs. In partnership with the World Food Programme, P2.15M will be deployed to provide assistance to about 4,000 families.

Ayala Land’s Alay 25 sa Visayas aims to raise P25 million or more to provide relief and temporary shelter to the homeless. On November 20, donation boxes will be available at the Ayala Triangle Gardens during the start of the lights and sound show. Ayala Malls will also present 8 Christmas concerts for the benefit of typhoon victims.

Globe has restored 70% of the network in the Visayas. Libreng Tawag and Libreng Charging are available in 54 sites. Libreng Internet is also available in San Jose, Antique, and Villamor Air Base.

Manila Water is producing an additional 15,000 to 20,000 Baso Water until Saturday. Its Mobile Treatment Plant (MTP) is now in Cebu City awaiting deployment to Bantayan Island. The company is also providing trucking services to transport relief goods from the repacking center at Ateneo de Manila University to Villamor Air Base or the Manila pier.

For updates on social media:
Facebook, Flicker – Ayala Corporation
Twitter – @Ayala_1834
Instagram – Ayala_Corporation

GROUPWIDE UPDATES

• Donation and fundraising drives among employees have been activated across Ayala companies in cooperation with DSWD, Red Cross, and other partner organizations.
• Globe continues to substantially improve mobile connectivity in the Visayas region. As of 6AM, November 12, Globe has restored 54% of base stations in afffected areas. Restoration of affected sites including those in southern Luzon and Mindanao involved 870 base stations.
• Globe has also increased the number of Libreng Tawag and Libreng Charging operations in the Visayas, to 12 and 28 stations, respectively. The company is also providing Libreng Internet broperations in Antique, in coordination with the Red Cross. Relief operations were also undertaken in Ormoc, Iloilo, Bantayan, Roxas, and Antique.
• Of the 92 BPI and BFSB branches in southern Luzon and VisMin, five remain closed; for the rest, it’s business as usual except for 12 branches operating offline due to the absence of communication lines. Regular monitoring of all ATMs is done to ensure their availability; about 64% of ATMs in affected areas are working.
• Manila Water produces Baso Water (potable water in sealed plastic cups) and distributes these to affected areas.
• Ayala Aviation’s plane and choppers fly daily from Manila/Cebu to support the Ayala group’s relief efforts in Leyte.
• Ayala Foundation has partnered with ADeals.ph to allow member-users of the Ayala Malls portal to make a donation to help victims of the typhoon.

HOW TO HELP
Donate cash through these channels:

Ayala Foundation Laging Handa | Go to www.ayalafoundation.org
Globe GCash | Dial *143# and select GCash, enter your MPIN and select Red Cross
BPI eDonations | Log on to www.bpiexpressonline.com, choose Payments & Reloading>eDonations

Donate in kind and bring the items to:
Tower One and Exchange Plaza – Ground floor, Room E2
Ayala Malls – Concierge

Volunteer
The DSWD National Resource Operation Center is open 24/7 for relief goods repacking at Chapel Road, Pasay City (near Airport Terminal 2). Contact 851-2681 or 852-8081 for scheduling.

Need updates or help? Use these hashtags on Facebook or Twitter: #YolandaPH #ReliefPH #RescuePH

With reports from Ayala, BPI, Globe, Manila Water, and Ayala Foundation

GIC Private Limited (GIC) and Ayala Corporation have acquired DBS Bank Ltd’s (DBS) remaining ownership interest in Ayala DBS Holdings, Inc. (ADHI). The stake is equivalent to a 9.9% indirect ownership stake in the Bank of the Philippine Islands (BPI). Through this transaction, GIC and Ayala will effectively acquire 5.6% and 4.3% in BPI, respectively.

GIC and Ayala purchased unlisted ADHI shares for a total transaction value of P29.6 billion. GIC’s investment is recognition of BPI’s long-term value and the Philippine economy’s strong fundamentals and growth prospects. Ayala’s total ownership in BPI will increase from 44.0% to 48.3%.

DBS CEO Piyush Gupta said, “DBS has been a strategic investor in BPI since 1999. This divestment is in line with DBS’ focus on its core markets. We are pleased to have been part of BPI’s growth in the Philippines over the last decade and have a productive relationship with the Ayala Group. We believe that the transaction will have a positive outcome for all parties.”

Ayala Chairman and CEO Jaime Augusto Zobel de Ayala said, “We thank DBS for the 14 years of partnership and support in BPI which undoubtedly contributed to BPI’s continued position as the premier financial institution in the Philippines.” Mr. Zobel added, “Moving forward, we are delighted to have GIC as part of the shareholder group of BPI. GIC and Ayala both have a solid track record for making long-term investments and this partnership speaks to an alignment of values and goals as shareholders. The entry of GIC also ensures the continuity of a stable and committed shareholder base for BPI.”

Ayala President and COO Fernando Zobel de Ayala noted, “This acquisition is both a value and earnings accretive investment for Ayala. BPI has been a significant growth driver for Ayala over the years and we believe its earnings growth momentum will continue in step with the expansion of the Philippine economy.”

Last week, BPI announced it will raise capital of up to P25 billion by way of a rights offering. AC and GIC, through ADHI, intend to support this initiative.

About Ayala Corporation
Ayala is one of the largest conglomerates in the Philippines. Founded in 1834, Ayala maintains leadership positions in real estate, financial services, telecommunications, water infrastructure, electronics manufacturing services, automotive dealerships, and business process outsourcing. Recently, it expanded into other strategic sectors such as power and transport infrastructure. Ayala’s listed units have a combined market capitalization of P1.4 trillion, accounting for about 20 percent of the Philippine Stock Exchange Index’s market cap.

Ayala’s strong financial position and low gearing level provide more than adequate room to take on investments in new growth areas while optimizing the value of its existing portfolio. At the parent level, cash at the end of June amounted to nearly P36 billion, with the debt at close to P70 billion. Its net debt to equity ratio remains comfortable at 0.25 to 1. Last week, the company announced it raised P10 billion in an offering of preferred shares.

About GIC
GIC is among the world’s largest fund management companies. It was established in 1981 to manage Singapore’s foreign reserves. GIC strives to achieve good long-term returns on assets under its management, so as to preserve and enhance Singapore’s reserves. Since its inception, GIC has grown from managing a few billion dollars to well above US$100 billion today. GIC’s investment framework capitalises on its strengths which include the ability to take a long-term investment perspective, a global presence, capabilities to invest in cross-asset opportunities, and a skilled and experienced team. It has investments across 40 countries and in assets such as equities, fixed income, real estate and private equity. GIC has been investing in emerging markets for over twenty years. GIC is headquartered in Singapore with a network of offices in nine cities worldwide.

Media Contact :

Ayala :

Emily De Lara

Tel: +632 908 3456

Analysts Contact:

Ayala:

Nona Torres

Tel: +632 908 3446

GIC:

Ms. Mah Lay Choon

Senior Vice President

Corporate Governance & Communications

GIC Pte Ltd

DID: +65 6889 6841

Mobile: +65 98389425

Celest Jovenir

Tel: +632 908 3394

On November 8, Typhoon Yolanda (Haiyan), a Category 5/Signal #4 typhoon, made six landfalls in the Philippines over most of the Visayas region and parts of southern Luzon and Mindanao. In its aftermath, the Ayala group mobilized people and resources to reach out to affected communities.

GROUPWIDE UPDATES

As of 3AM, November 11, Globe has restored 50% of its communication services in the Visayas
To serve the communication needs of residents, Globe sent a mobile cell site to Tacloban on Sunday in coordination with the Philippine Navy. It also put up Libreng Tawag booths in the severely battered areas of Iloilo, Antique and Romblon and has opened its manned cell sites in Southern Leyte, Bohol, and Antique. Twenty four Libreng Charging stations have been set up in areas with no commercial power in Southern Leyte and Bohol. For the list of locations, visit facebook.com/globePH.
Manila Water’s Mobile Treatment Plant is ready for deployment to provide clean and potable water to residents of affected areas in the Visayas. In the meantime, Baso Water (potable water in sealed plastic cups) will be produced and distributed.
Ayala Aviation’s plane and choppers fly daily from Manila/Cebu to support the Ayala group’s relief efforts in Leyte.
AFI Visayas office is coordinating with partners on the ground for distribution of donations.
Globe is undertaking its first wave of relief operations today in these areas: Iloilo, Roxas, Antique in Panay Island; Malapascua and Bantayan in Northern Cebu; and Ormoc, Leyte.

HOW TO HELP
Donate cash through these channels:

Ayala Foundation Laging Handa | Go to www.ayalafoundation.org
Globe GCash | Dial *143# and select GCash, enter your MPIN and select Red Cross
BPI eDonations | Log on to www.bpiexpressonline.com, choose Payments & Reloading>eDonations

Donate in kind and bring the items to:
Tower One and Exchange Plaza – Ground floor, Room E2
Ayala Malls – Concierge

Volunteer
The DSWD National Resource Operation Center is open 24/7 for relief goods repacking at Chapel Road, Pasay City (near Airport Terminal 2). Contact 851-2681 or 852-8081 for scheduling.

Need updates or help? Use these hashtags on Facebook or Twitter: #YolandaPH #ReliefPH #RescuePH

With initial reports from Ayala, Globe, Manila Water, and Ayala Foundation

Fernando Zobel de Ayala, president and COO of Ayala Corporation, and Weiming Soh, Volkswagen president for commercial operations in Greater China/ASEAN, led the celebration marking the return of Volkswagen to the Philippines.

More than 400 guests, including members of the Volkswagen China/ASEAN Executive Committee and board directors and senior officers of the Ayala group, attended the brand launch held on September 27 at Ayala’s headquarters at Tower One in Makati.

The brand launch was followed by the People’s Car Celebration on September 28 to 29 at Greenbelt, where the public participated in a number of interactive exhibits and viewed nine models of Volkswagen. The celebration culminated in the raffle of the first-ever 21st Century Beetle in the Philippines.

Ayala Automotive Holdings Corporation is the official distributor of Volkswagen passenger vehicles in the Philippines. Its first dealership in Bonifacio Global City is now open.

Northern Luzon UPC Asia Corporation (NLUPC) has officially commenced construction of the 81-megawatt Caparispisan Wind Energy Project in the municipality of Pagudpud, Ilocos Norte. NLUPC is the joint-venture company established in July by Ayala’s energy investment arm AC Energy Holdings Inc, the Philippine Investment Alliance for Infrastructure (PINAI), and UPC Philippines Wind Holdco. The company is tasked with developing wind power projects in the province of Ilocos Norte.

The groundbreaking ceremony held on September 3 in Sitio Ayoyo was attended by representatives of the national and local governments led by Department of Energy Assistant Secretary Daniel Ariaso (on behalf of Secretary Jericho Petilla), Ilocos Norte Governor Imee Marcos, Pagudpud Mayor Marlon Sales, and Vice Mayor Rex Benemerito. They were met by heads of the project proponents and partners, including AC Energy President Eric Francia and CFO Ned Goseco, UPC Chairman Brian Caffyn and Managing Director Troels Carstensen, and Macquarie Managing Director Michael Rodriguez on behalf of PINAI.

“Ilocos can really solidify itself as the wind capital of the Philippines,” said Francia to members of the local communities who witnessed the event. “We are very proud to be a partner of the government, both provincial and local, to make this a reality and to maximize the resources that you are very much blessed with in this part of the country.”

Governor Marcos expressed full confidence in the project’s impact on the province not only in power generation but also by way of jobs creation and corporate social responsibility programs. “Certainly the area of energy, particularly wind, has been a genuine windfall for the province and we welcome all the resources, technology, and the production of energy in the province,” she said. “You can count on us for full support.

There are many synergies that can be derived, indeed, if public and private partnerships can be launched. We are hopeful that this will provide yet another template and another pioneering effort for Ilocos Norte in renewable energy.”

Ariaso underscored the importance of the support of host communities in the success of renewable energy projects: “The impact may not necessarily be early, so it is for all of us, especially the LGUs, to help the project through.”

The Caparispisan wind farm, which may have up to 32 wind turbines, is NLUPC’s first project. It has an investment value of up to $250 million, and the initial phase is expected to be connected to the grid by mid-2014. Aside from the Caparispisan wind farm, the joint venture company has a portfolio of over 200 megawatts in wind energy projects under development.

Since 2011, AC Energy has committed over $400 million of equity in conventional and renewable energy technologies. PINAI is a P26-billion fund comprised of the GSIS, Dutch pension fund asset manager APG, the Asian Development Bank, and the Macquarie Group. UPC Philippines is a wholly owned company of UPC Renewables Partners, which has nearly 20 years of experience in developing and operating wind farms in Europe, USA, and Asia.