SM Investments Corp. Provides Capital Expenditure Guidance for the Year 2015

SM Investments Corporation is engaged in retail, banking and property businesses. The Company’s segments include Property, Retail, Banking and Portfolio Investments. The Property segment is involved in mall, residential and commercial development and hotel and convention center operations. The Retail Segment is engaged in the retail/wholesale trading of merchandise, such as dry goods, wearing apparel, food and other merchandise. The Banking segment includes its equity in net earnings in BDO Unibank, Inc. and China Banking Corporation. The Portfolio Investments segment includes 2GO, PGPC, Neo subsidiaries and associates, Atlas Consolidated Mining and Development Corporation, Belle Corporation, GBI and others. The mall segment develops, conducts, operates and maintains the business of modern commercial shopping centers and all related businesses. The residential and commercial segments are involved in the development and transformation of residential, commercial and others.