Energy Development Corporation

38th Floor, One Corporate Centre Building, Julia Vargas corner Meralco Avenue

Ortigas Center, Pasig 1605, Philippines

Trunklines: +63 (2) 667-7332 (PLDT) / +63 (2) 755-2332 (Globe)

June 5, 2014

JANET A. ENCARNACION

HEAD, Disclosures Department

The Philippine Stock Exchange, Inc. Philippine Stock Exchange Plaza

Ayala Triangle, Ayala Avenue, Makati City

Dear Ms. Encarnacion:

We advise the Exchange that Bacman Unit 2 has successfully completed its reliability runs and is delivering electricity into the grid. The unit, however, remains subject to close monitoring and/or to additional tests.
The targeted delivery dates of the brand new turbine rotor and diaphragms from Toshiba for both Bacman Units 1& 2 remain to be - the first unit by 4Q 2014, while the second unit on 1Q 2015.

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