First Pacific : Overseas Regulatory Announcement: Disclosure filed by Metro Pacific Investments Corporation ("MPIC") with the Philippine Stock Exchange, in relation to the SEC Form 17-C relating to Notice of Award received by Metro Pacific Tollways Development Corporation for Cebu Cordova Bridge Project

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for a

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

OVERSEAS REGULATORY ANNOUNCEMENT

Please refer to the attached disclosure filed by Metro Pacific Investments Corporation ("MPIC") with the Philippine Stock Exchange, in relation to the SEC Form 17-C relating to Notice of Award received by Metro Pacific Tollways Development Corporation for Cebu Cordova Bridge Project.

Dated this the 13th day of January, 2016

As at the date of this announcement, the board of directors of First Pacific Company Limited comprises the following directors:

Executive Directors:

Manuel V. Pangilinan, Managing Director and CEO

Edward A. Tortorici Robert C. Nicholson

Non-executive Directors: Anthoni Salim, Chairman Benny S. Santoso

Tedy Djuhar

Napoleon L. Nazareno

Independent Non-executive Directors: Prof. Edward K.Y. Chen, GBS, CBE, JP Margaret Leung Ko May Yee, SBS, JP Philip Fan Yan Hok

Madeleine Lee Suh Shin

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C00029-2016

SECURITIES AND EXCHANGE COMMISSION

SEC FORM 17-C

CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

   Jan 4, 2016

2. SEC Identification Number

   CS200604494

3. BIR Tax Identification No.

   244-520-457-000

4. Exact name of issuer as specified in its charter

   METRO PACIFIC INVESTMENTS CORPORATION

5. Province, country or other jurisdiction of incorporation

   METRO MANILA, PHILIPPINES

6. Industry Classification Code(SEC Use Only)

   
   

7. Address of principal office

   10th Floor, MGO BUILDING, LEGAZPI COR. DELA ROSA STREETS, LEGAZPI VILLAGE, MAKATI CITY, METRO MANILA, PHILIPPINES

   Postal Code

   0721

8. Issuer's telephone number, including area code

   [phone]

9. Former name or former address, if changed since last report

   NA

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

    Titleof Each Class Number of Shares of Common Stock Outstanding and Amount of Debt

    Outstanding

    Common Shares of Stock

11. Indicate the item numbers reported herein

9

27,885,373,752

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all

: corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to

: the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be

' addressed directly to the Corporate Information Officer of the disclosing party.

M E TR O PACIFIC

----INVESTMENTS

Metro Pacific Investments Corporation MPI

PSE Disclosure Form 4-30 - Material Information/Transactions

References: SRC Rule 17 (SEC Form 17-C) and Sections 4.1 and 4.4 of the Revised Disclosure Rules

1

Subject of the Disclosure

• Notice of Award for Cebu Cordova Bridge Project

  . Background/Description of the Disclosure

  Please be informed that Metro Pacific Tollways Development Corporation ("Company"), a subsidiary of Metro Pacific Investments Corporation, has received the Notices of Award from both the City of Cebu and the Municipality of Cordova for the financing, design, construction, implementation, operation and

• maintenance of an 8.25 km tollroad to be known as the Cebu-Cordova Bridge (the "Project"), subject to

• compliance with conditions precedent.

The Notices of Award were issued by the City of Cebu and the Municipality of Cordova in favour of the Company after not having received any Expression of Interest to submit comparative proposals on or

. before December 7, 2015, the deadline indicated in the duly published Invitation to Bid and Submit

• Comparative Proposals for the Project.

The Project, which will be implemented through an unincorporated joint venture among the Company, the City of Cebu and Municipality of Cordova, is envisioned to decongest the traffic in the two existing bridges (Marcelo Fernan Bridge and Mandaue Bridge) between Mactan and Cebu, due to the worsening traffic condition in the area. It includes the construction of the connections to Cebu City and Cordova, the main

i bridge structure, viaduct, causeway, roadway and toll facilities. It is located around 7.5 kilometers south of

I the Mandaue Bridge and will take off from the Cebu South Coastal Road crossing the Mactan channel to

! Mactan Island. The Project is estimated to cost not more than Php27.9 billion, which includes the

• i construction cost with inflation over a four-year period, the toll facilities and operating system, the right-of­

! way cost, and financing costs. Funding will be sourced from a combination of loans from local banks and I equity contribution. The construction of the project is targeted to start sometime in 2017 and is estimated to be completed by 2020.

Other Relevant Information

NA

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i

Filed on behalf by:

I Name

I

! Designation

Melody del Rosario Vice President