| 1. |
Globe Telecom Inc. |
| |

|
Php2.8 billion 5-Year Floating-Rate Corporate Notes. |

|
Issue date: October 2006 |

|
BDO Capital acted as Joint Issue Manager and Underwriter. |
|
| 2. |
Banco de Oro Universal Bank |
| |

|
Long-Term Negotiable Certificates of Deposits Series 3 |

|
Issue size of Php5.0 billion |

|
Issue date: October 2006 |

|
BDO Capital acted as Selling Agent
|
|
| 3. |
Manila North Tollways Corporation |
| |

|
Php5.5 billion 7-Year Fixed-Rate Corporate Notes |

|
Issue date: November 2006 |

|
BDO Capital acted as Joint Bookrunner and Lead Manager.
|
|
| 4. |
KSA Realty Corporation |
| |

|
Php1.7 billion 7-Year Term Loan Facility
|

|
Issue date: November 2006 |

|
BDO Capital acted as Sole Arranger. |
|
| 5. |
South Luzon Tollway Corporation |
| |

|
Php3.1 billion 10-Year Syndicated Term Loan |

|
Issue date: December 2006 |

|
BDO Capital acted as Lead Arranger. |
|
| 6. |
Manila Electric Company |
| |

|
Php12.0 billion 7-Year Fixed and Floating-Rate Corporate Notes |

|
Issue date: December 2006 |

|
BDO Capital acted as Financial Advisor, Joint Issue Manager and Underwriter. |
|
| 7. |
Aboitiz Equity Ventures Inc. |
| |

|
Php1.5 billion Preferred |

|
Issue date: December 2006 |

|
BDO Capital acted as Underwriter |
|
| 8. |
San Carlos Bioenergy, Inc. |
| |

|
Php1.778 billion 12-Year Syndicated Term Loan |

|
Issue date: December 2006 |

|
BDO Capital acted as Co-Arranger. |
|
| 9. |
Republic of the Philippines |
| |

|
5-Year Retail Treasury Bonds |

|
Issue size of Php7.7 billion |

|
Issue date: December 2006 |

|
BDO Capital acted as Selling Agent
|
|
| 10. |
DMCI-MPIC Water Company, Inc. |
| |

|
US$240.0 million Acquisition Facility |

|
Financial close: January 2007 |

|
BDO Capital acted as Debt Advisor and Sole Arranger |
|
| 11. |
FP Capital Limited |
| |

|
5-Year Revolving Credit Facility Guaranteed by First Pacific Company Ltd. |

|
Issue size of US$300.0 million |

|
Financial close: March 2007 |

|
BDO Capital acted as Mandated Lead Arranger |
|
| 12. |
BDO Private Bank |
| |

|
Zero-Coupon Long-Term Negotiable Certificates of Deposits |

|
Issue size of Php2.19 billion |

|
Issue date: June 2007 |

|
BDO Capital acted as Selling Agent |
|
| 13. |
Republic of the Philippines |
| |

|
3- and 5-Year Retail Treasury Bonds |

|
Issue size of Php70.0 billion |

|
Issue date: August 2007 |

|
BDO Capital acted as Selling Agent |
|
| 14. |
SM Investments Corporation |
| |

|
Php4.5 billion 5-Year Redeemable Preferred Shares Issue |

|
Issue date: August 2007 |
|
| 15. |
San Miguel Corporation |
| |

|
US$1.2 billion Syndicated |

|
Financial closing and drawdown: September 2007 |

|
BDO Capital acted as a Mandated Lead Arranger |
|