Asian Alliance Investment Corporation

General Information:
Address: 22nd Floor, BDO  Equitable Bank Tower, 8751 Paseo de Roxas, Makati City
Telephone No: 886-0601 to 05
Fax No: 886-0611
Email Address: asianalliance@pldtdsl.net

Representative: Mr. Augusto Antonio C. Serafica, Jr.
Designation: Executive Director
Telephone No: (632) 886-0609
Email Address: aserafica@asianalliance.com.ph

Date of Incorporation: November 9, 1995

Products and Services:
     • Corporate Finance
       - Financial Advisory
       - Corporate Restructuring
       - Debt Restructuring
       - Mergers and Acquisitions              
     • Investment Banking
       - Equity and Debt Underwriting
       - Private Placement of Equity and Quasi Equity Offers
       - Loan Syndication and Arrangement
     • Treasury
       - Dealership
       - Money Market Placements
     • U.S. Equity Research Outsourcing

Selected Balance Sheet Items as of December 31, 2003

Total Assets

PhP 343.86 million

Total Liabilities

PhP 32.35 million

Total Stockholder's Equity

PhP 311.51 million

Ownership Structure
     Asian Alliance Investment Corp. is a wholly-owned subsidiary of Asian Alliance Holdings & Development Corp. whose shareholders include Crown Equities, Inc., Philippine Opportunities First, Ltd., CP Holdings Corp., Wealth Securities, Inc., Growth Equity Management, Inc., and Eastern Securities Development Corp.

Directors

Name

Position

George Y. SyCip

Chairman of the Board

Willy O. Ocier

Director

Carlos S. Palanca IV

Director

Roberto A. Atendido

Director

Manuel Z. Gonzalez

Director & Corporate Secretary

Officers

Name

Position

Roberto A. Atendido

President

Augusto C. Serafica

Executive Director, Corporate Finance

Ma. Teresa B. David

Executive Director, Treasury

Rikka S. Cervantes

Director, Corporate Finance

Michael B. Zialcita

Associate Director, Corporate Finance

Fitzgerald L. Aclan

Associate Director, Equity Research

Annafe Agnes I. Estagle

Senior Manager, Operations

Major Deals Completed

Macondray & Co., Ltd.
Arrangement of PhP 2.1 Billion Private Placement of Equity for the acquisition by the company of a majority interest in Del Monte Pacific Resources

SPI Technologies, Inc.
Issue Management and Underwriting of PhP 150 Million Zero Coupon Convertible Bonds

International School
Arrangement of a PhP 1.1 Billion Loan for the construction of the School's new campus in the Institutional Area of the Fort Bonifacio Global City

GE Life
PhP 320 million acquisition of the company's license and operations

Grace Park Industries, Inc.
US$10 million investment of a foreign equity fund into the Company's furniture business

Premiere Entertainment Productions, Inc.
Acquisition of 97% of the outstanding capital stock of Next Mobile, Inc.

Emerald Headway Distributors, Inc.
US$ 2.5 million acquisition by a foreign equity fund of a majority stake in the company

Cruz Telephone Company, Inc.
Settlement of the company's call traffic payable and the structuring of a Facilities Management Agreement with a major telephone carrier

Fil-Hispano Holdings Corporation
Acquisition of the call center business of Advanced Contact Solutions

Picop Resources, Inc.
PhP1.1 billion restructuring of the comany's outstanding loans with Land Bank of the Philippines