12 October THE PHILIPPINE STOCK EXCHANGE, INC. Philippine Stock Exchange Plaza Ayala Triangle, Ayala Avenue Makati City, 1226 Philippines

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1 12 October 2012 THE PHILIPPINE STOCK EXCHANGE, INC. Philippine Stock Exchange Plaza Ayala Triangle, Ayala Avenue Makati City, 1226 Philippines Attention : JANET A. ENCARNACION Head, Disclosure Department Subject : Madam, In compliance with the Revised PSE Disclosure Rules, we hereby submit the List of Top 100 Stockholders of Rockwell Land Corporation ( Rockwell Land ) as of 30 September Very truly yours, Ellen V. Almodiel Vice-President for Finance and Chief Finance Officer Rockwell Information Center, Rockwell Center, Makati, Philippines Phone (632) Fax (632)

2 Rank Name No. of Shares Percentage 1 PCD NOMINEE CORPORATION (FILIPINO) 5,932,296, % 2 BOARD OF ADMINISTRATOR - ESOP 35,493, % 3 LOPEZ,MANUEL M.,&/OR MA. TERESA L. LOPEZ 4,084, % 4 LUBRICA, JOSEFINA S. 3,953, % 5 LOPEZ, MANUEL M. 2,243, % 6 CONCEPCION,RAUL JOSEPH,&/OR RAUL ANTHONY CONCEPCION &/OR RAUL PATRICK 2,182, % CONCEPCION &/OR RAUL STEPHEN CONCEPCION &/OR RICA C. ARANETA 7 YAN, LUCIO W. 1,136, % 8 CHENG, CHARLOTTE CUA 886, % 9 AVESCO MARKETING CORPORATION 801, % 10 B. P. INSURANCE AGENCY, INC. 792, % 11 MAKATI SUPERMARKET CORPORATION 677, % 12 FRANCISCO, JESUS P. 676, % 13 CROSLO HOLDINGS CORPORATION 584, % 14 TAN, SIMEON Y. 458, % 15 TANTUCO,GUILLERMO N.,&/OR CLARITA C. TANTUCO 456, % 16 CARLOS, JOSE IGNACIO A. 455, % 17 FLORDELIZA, VIRGILIO C. 385, % 18 AQUINO,ANTONINO T.,&/OR EVELINA S. AQUINO 377, % 19 BP INSURANCE AGENCY, INC. 328, % 20 CONCEPCION, RAUL JOSEPH 316, % 21 TAN,JIMMY DYTOC 310, % 22 FORESIGHT REALTY & DEVELOPMENT CORPORATION 305, % 23 TAN, JIMMY D. 304, % 24 TAN, LOZANO A. 281, % 25 ENRIQUEZ, ALBERT N. 280, % 26 GALLINERO, TEODORO O. 264, % 27 TAN, TERESITA O. 257, % 28 ONG TIONG 255, % 29 GRUET, VICTOR B. 241, % 30 TORRES, LOURDY D. 223, % 31 QUETUA, RODOLFO N. 217, % 32 CONCEPCION,RAUL T.,ITF RAUL JOSEPH/RAUL ANTHONY/RAUL PATRICK/RAUL STEPHEN 213, % &/OR RICA C. ARANETA 33 TAN, JAN KRISTINE 210, % 34 TAN, JENNIFER JONES 210, % 35 VALDERRAMA,RODOLFO,&/OR TERESITA T. VALDERRAMA 210, % 36 ENRIQUEZ, ALBERT 208, % 37 SANCHEZ, EMMANUEL R. 199, % 38 ONG, VICTORIA 198, % 39 ARGUELLES, THERESA LA'O 188, % 40 INDUSTRIAL UNDERWRITERS AND COMMERCIAL CORPORATION 179, % 41 KEH, BENITO T. 177, % 42 REYES, TEODORO L. 175, % 43 YAN,LUCIO W.,&/OR CLARA YAN 169, % 44 QUIASON, CAMILO D. 161, % 45 MADRIGAL II, VICENTE A.S. 158, % 46 SANTIAGO, ROGELIO L. 157, % 47 YAN, LUCIO 155, % 48 ZERRUDO, ERNESTO J. 152, % 49 TY CHUA, JOSEPHINE 149, % 50 CO, EUGENE S. 144, % 51 GOLDEN ARCHES DEVELOPMENT CORPORATION 144, % 52 ALMAZORA, ROBERTO R. 143, % 53 CARLOS, MARIO C. 140, % 54 CINCO, EDMUND P. 133, % 55 VALENZUELA,ORLANDO G. 130, % 56 ICM EMPLOYEES RETIREMENT PLAN 129, %

3 57 GAMOLO, SEGUNDO D. 128, % 58 SARMIENTO, NOLI M. 126, % 59 TANJANGCO, ANTONIO S. 123, % 60 TAN, MARK E. 119, % 61 LOPEZ, OSCAR M. 119, % 62 CRUSEM, CRISPULO I. 118, % 63 AUGUSTINIAN SISTERS OF OUR LADY OF CONSOLATION 118, % 64 DE LAS ALAS, WILHELMINA A. 118, % 65 SUN, RODOLFO C. 117, % 66 PUNZALAN JR., MARCIAL C. 116, % 67 DAVID GO SECURITIES CORP. 116, % 68 ACAYAN, RAMON F. 115, % 69 POSA, MARIO P. 115, % 70 YAP, GEORGE TAN 111, % 71 MISSIONARY SISTERS OF THE IMMACULATE HEART OF MARY, INC. 110, % 72 YANG, GEORGE T. 108, % 73 PHIMCO EMPLOYEES' PROVIDENT FUND 107, % 74 PARAGAS, ROSARIO Q. 107, % 75 ONG, WEE CHI P. 106, % 76 MENDOZA,ALBERTO,&/OR JEANIE MENDOZA 103, % 77 OCAMPO, JOSEFINA C. 103, % 78 LI, LUISA C. 102, % 79 ABASTILLAS, JOSE L. 101, % 80 GARAYBLAS,PIO MA. VICTOR HABACON 100, % 81 COLLANTES, FRANCISCO D. 99, % 82 CONSTANTINO,JE EL M. 98, % 83 BERNARDO, WILFRIDO D.G. 98, % 84 GO,GEORGE Q.,&/OR SHIRLEY D. GO 95, % 85 PONCE, J. VIVENCIO G. 95, % 86 SEE, ENG HUY C. 95, % 87 AGUILA,LIRIO P.,&/OR MA. THERESA AGUILA 95, % 88 GABRIEL, ANTONIA P. 95, % 89 CUAPIACO, JEFFRY L. 94, % 90 CRUZ, ELIZABETH T. 94, % 91 RIVERA, ABRAHAM T. 94, % 92 LIM, RICARDO L. 93, % 93 FACTORAN, FULGENCIO 93, % 94 VIRTUCIO, GREGORIO C. 91, % 95 HAO, EDDIE L. 89, % 96 GUTIERREZ, MA. JUDY S. 88, % 97 MOTORTRADE NATIONWIDE CORPORATION 88, % 98 RIVERA, CLEMENS M. 87, % 99 BICOMONG, ANGELITO E. 87, % 100 PALARIS, HILARIO S. 86, % TOTAL SHARES (TOP 100) 6,000,345, % TOTAL SHARES (REST OF STOCKHOLDERS) 101,416, % TOTAL ISSUED AND OUTSTANDING SHARES 6,101,762, %

4 PCD BENEFICIAL OWNERS REPORT Participant's Name No. of Shares Percentage MBTC - TRUST BANKING GROUP 5,306,572, % FIRST ORIENT SECURITIES, INC. 226,263, % BANCO DE ORO - TRUST BANKING GROUP 195,046, % PCCI SECURITIES BROKERS CORP. 20,983, % LAND BANK OF THE PHILIPPINES 12,896, % BPI SECURITIES CORPORATION 6,333, % COL Financial Group, Inc. 4,719, % THE HONGKONG AND SHANGHAI BANKING CORP. LTD. -CLIENTS' ACCT. 4,369, % ABACUS SECURITIES CORPORATION 3,715, % SUMMIT SECURITIES, INC. 2,276, % RTG & COMPANY, INC. 2,046, % TOWER SECURITIES, INC. 1,541, % BDO SECURITIES CORPORATION 1,417, % ACCORD CAPITAL EQUITIES CORPORATION 1,338, % ANSALDO, GODINEZ & CO., INC. 1,275, % STANDARD SECURITIES CORPORATION 1,248, % WEALTH SECURITIES, INC. 1,245, % E. CHUA CHIACO SECURITIES, INC. 1,196, % VENTURE SECURITIES, INC. 1,172, % SB EQUITIES,INC. 1,106, % BELSON SECURITIES, INC. 1,094, % FIRST METRO SECURITIES BROKERAGE CORP. 943, % B. H. CHUA SECURITIES CORPORATION 937, % WEALTH SECURITIES, INC. 919, % ANGPING & ASSOCIATES SECURITIES, INC. 865, % UCPB SECURITIES, INC. 841, % YAO & ZIALCITA, INC. 840, % R. COYIUTO SECURITIES, INC. 725, % YU & COMPANY, INC. 681, % OPTIMUM SECURITIES CORPORATION 661, % FRANCISCO ORTIGAS SECURITIES, INC. 622, % GLOBALINKS SECURITIES & STOCKS, INC. 614, % PAPA SECURITIES CORPORATION 604, % SunSecurities, Inc. 594, % EASTERN SECURITIES DEVELOPMENT CORPORATION 591, % I. ACKERMAN & CO., INC. 577, % EVERGREEN STOCK BROKERAGE & SEC., INC. 575, % AB CAPITAL SECURITIES, INC. 565, % CITISECURITIES, INC. 553, % ATR-KIM ENG SECURITIES, INC. 547, % ASTRA SECURITIES CORPORATION 529, % QUALITY INVESTMENTS & SECURITIES CORPORATION 504, % RCBC SECURITIES, INC. 471, % A. T. DE CASTRO SECURITIES CORP. 443, % SOLAR SECURITIES, INC. 441, % PCIB SECURITIES, INC. 439, % CENTURY SECURITIES CORPORATION 394, % R. S. LIM & CO., INC. 385, % INVESTORS SECURITIES, INC, 337, % NIEVES SECURITIES, INC. 334, % REGINA CAPITAL DEVELOPMENT CORPORATION 333, % TANSENGCO & CO., INC. 331, % G.D. TAN & COMPANY, INC. 320, % INTRA-INVEST SECURITIES, INC. 307, % A & A SECURITIES, INC. 297, % PREMIUM SECURITIES, INC. 292, % PAN ASIA SECURITIES CORP. 286, %

5 EQUITIWORLD SECURITIES, INC. 282, % DAVID GO SECURITIES CORP. 281, % LUCKY SECURITIES, INC. 278, % BANCO DE ORO - TRUST BANKING GROUP 274, % SARANGANI SECURITIES, INC. 271, % MERIDIAN SECURITIES, INC. 263, % IMPERIAL,DE GUZMAN,ABALOS & CO.,INC. 261, % PNB SECURITIES, INC. 260, % UNICAPITAL SECURITIES INC. 256, % IGC SECURITIES INC. 245, % R. NUBLA SECURITIES, INC. 243, % WESTLINK GLOBAL EQUITIES, INC. 240, % CAMPOS, LANUZA & COMPANY, INC. 228, % BA SECURITIES, INC. 225, % MERCANTILE SECURITIES CORP. 208, % DW CAPITAL INC. 207, % TRITON SECURITIES CORP. 193, % J.M. BARCELON & CO., INC. 184, % GOLDSTAR SECURITIES, INC. 181, % UNITED FUND, INC. 179, % RCBC TRUST & INVESTMENT DIVISION 171, % NEW WORLD SECURITIES CO., INC. 162, % S.J. ROXAS & CO., INC. 154, % LUYS SECURITIES COMPANY, INC. 154, % THE FIRST RESOURCES MANAGEMENT & SECURITIES CORP. 148, % HDI SECURITIES, INC. 144, % UNICAPITAL SECURITIES INC. 140, % I. B. GIMENEZ SECURITIES, INC. 129, % DIVERSIFIED SECURITIES, INC. 125, % SECURITIES SPECIALISTS, INC. 125, % ASIA PACIFIC CAPITAL EQUITIES & SECURITIES CORP. 124, % ING BANK, N.V. MNL (TRUST DEPT.) FOR THE ACCT OF PNB LIFE INS, INC. 123, % TRI-STATE SECURITIES, INC. 119, % R & L INVESTMENTS, INC. 117, % THE MANUFACTURERS LIFE INSURANCE CO. (PHILS.), INC. 115, % SALISBURY BKT SECURITIES CORPORATION 114, % EAGLE EQUITIES, INC. 108, % BERNAD SECURITIES, INC. 106, % JAKA SECURITIES CORP. 106, % AB CAPITAL & INVESTMENT CORP. - TRUST & INVESTMENT DIV. 103, % F. YAP SECURITIES, INC. 98, % STRATEGIC EQUITIES CORP. 98, % MANULIFE CHINABANK LIFE ASSURANCE CORP. 96, % MDR SECURITIES, INC. 95, % MOUNT PEAK SECURITIES, INC. 90, % ASIASEC EQUITIES, INC. 89, % MANDARIN SECURITIES CORPORATION 85, % RCBC TRUST & INVESTMENT DIVISION 81, % H. E. BENNETT SECURITIES, INC. 79, % ALPHA SECURITIES CORP. 79, % AURORA SECURITIES, INC. 71, % ALAKOR SECURITIES CORPORATION 66, % VSEC.COM, INC. 66, % Asia Insurance (Philippines) Corporation 63, % BANK OF COMMERCE - TRUST SERVICES GROUP 63, % CITIBANK N.A. 56, % DEUTSCHE REGIS PARTNERS, INC. 54, % DEUTSCHE BANK AG MANILA BRANCH A/C CLIENTS DEUB20 54, % RCBC TRUST & INVESTMENT DIVISION - VARIOUS TAXABLE ACCTS 50, %

6 RCBC TRUST & INVESTMENT DIVISION 50, % GUILD SECURITIES, INC. 47, % GOLDEN TOWER SECURITIES & HOLDINGS, INC. 47, % SEABOARD-EASTERN INSURANCE COMPANY, INC. 41, % E.SECURITIES, INC. ITF VARIOUS CLIENTS 41, % LOPEZ, LOCSIN, LEDESMA & CO., INC. 38, % DA MARKET SECURITIES, INC. 38, % ARMSTRONG SECURITIES, INC. 34, % JSG SECURITIES, INC. 32, % FORTUNE GENERAL INSURANCE CORPORATION 31, % RCBC TRUST & INVESTMENT DIVISION 29, % BENEFICIAL LIFE INSURANCE CO., INC. 28, % TRANS-ASIA SECURITIES, INC. 26, % STRATEGIC EQUITIES CORP. 25, % FIDELITY SECURITIES, INC. 23, % CITIBANK N.A. 23, % AAA SOUTHEAST EQUITIES, INCORPORATED 23, % UPCC SECURITIES CORP. 23, % WEALTH SECURITIES, INC. 22, % CITIBANK FAO PHILAM EQUITABLE LIFE INSURANCE CO. 20, % VICSAL SECURITIES & STOCK BROKERAGE, INC. 20, % THE HONGKONG AND SHANGHAI BANKING CORP. LTD. -CLIENTS' ACCT. 20, % KING'S POWER SECURITIES, INC. 18, % DBP-DAIWA CAPITAL MARKETS PHILPPINES, INC. 18, % EVERGREEN STOCK BROKERAGE & SEC., INC. 17, % ATC SECURITIES, INC. 16, % RCBC TRUST & INVESTMENT DIVISION 15, % ASIAN CAPITAL EQUITIES, INC. 15, % WONG SECURITIES CORPORATION 14, % COHERCO SECURITIES, INC. 14, % HK SECURITIES, INC. 13, % NATIONAL REINSURANCE CORPORATION OF THE PHILIPPINES 13, % PRYCE SECURITIES, INC. 13, % STANDARD CHARTERED BANK 11, % ALL ASIA SECURITIES MANAGEMENT CORP. 10, % EAST WEST CAPITAL CORPORATION 10, % DEUTSCHE REGIS PARTNERS, INC. 10, % APEX PHILIPPINES EQUITIES CORPORATION 10, % SINCERE SECURITIES CORPORATION 9, % FIRST INTEGRATED CAPITAL SECURITIES, INC. 9, % RCBC TRUST & INVESTMENT DIVISION 9, % CUALOPING SECURITIES CORPORATION 8, % LITONJUA SECURITIES, INC. 8, % EASTWEST BANKING CORPORATION - TRUST DIVISION 7, % RCBC TRUST & INVESTMENT DIVISION 5, % SUPREME STOCKBROKERS, INC 5, % RCBC TRUST & INVESTMENT DIVISION 5, % RCBC TRUST & INVESTMENT DIVISION 5, % LARRGO SECURITIES CO., INC. 5, % VALUE QUEST SECURITIES CORPORATION 4, % RCBC TRUST & INVESTMENT DIVISION 4, % RCBC TRUST & INVESTMENT DIVISION 4, % BENJAMIN CO CA & CO., INC. 3, % RCBC TRUST & INVESTMENT DIVISION 3, % UBS SECURITIES PHILIPPINES, INC. 3, % PLATINUM SECURITIES, INC. 3, % PHILIPPINE EQUITY PARTNERS, INC. 2, % RCBC TRUST & INVESTMENT DIVISION 2, % TRENDLINE SECURITIES CORPORATION 2, %

7 INSURANCE OF THE PHIL. ISLANDS CO., INC. 1, % RCBC TRUST & INVESTMENT DIVISION 1, % PHILIPPINE EQUITY PARTNERS, INC. 1, % MARIAN SECURITIES, INC. 1, % RCBC TRUST & INVESTMENTS DIVISION 1, % MARINO OLONDRIZ Y CIA % S.J. ROXAS & CO.,INC % MANILA ELECTRIC COMPANY % ROCKWELL LAND CORPORATION % ABACUS SECURITIES CORPORATION % HIGHLAND SECURITIES PHIL., INC % LIPPO SECURITIES, INC % EQUITABLE SECURIITES (PHILS.) INC % PHILEO ALLIED SECURITIES (PHILIPPINES), INC % UNITED COCONUT PLANTERS BANK-TRUST BANKING % SOCIAL SECURITY SYSTEM % CITIBANK N.A % THE HONGKONG & SHANGHAI BANKING CORP. LTD. -OWN ACCOUNT % MBTC-TBG AS INV MGR FLG MANAGEMENT & DEVT. CORP % TOTAL 5,827,424, %

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