The information contained in this document is strictly confidential. Neither DMCI Holdings, Inc. (“DMCI”), nor its advisors make any representation regarding, and assumes no responsibility or liability for, the accuracy or completeness of, or any errors or omissions in, any information contained herein. Such information is subject to change without notice, its accuracy is not guaranteed and it may not contain all material information concerning DMCI. In addition, this document contains certain financial information and results of operation, and may also contain certain projections, plans, strategies, and objectives of DMCI, that are not statements of historical fact which would be treated as forward looking statements within the meaning of applicable law. Forward looking statements are subject to risks and uncertainties that may cause actual events and DMCI's future results to be materially different than expected or indicated by such statements. No assurance can be given that the results anticipated by DMCI, or indicated by any such forward looking statements, will be achieved. This document is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration under the United States Securities Act of 1933, as amended (the “Securities Act”) or an exemption from such registration. This document is not an offer to sell securities or a solicitation of an offer to buy securities in any jurisdiction where such offer or sale is not permitted.

Disclaimer

Business Portfolio and Organizational Chart

5 6 11 24 16 7 1

-36

0

-5

4 30

81

26 51 38

106

177

216 220

426

-100

0

100

200

300

400

500

1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Net Income (in USD millions)

IPO preparations

IPO

Investments: AGP, URPHI, AHI, Subic,

Purchase of Semirara, Issued

Pref

Establishment of PDI

Low coal prices and write-off of Unong

Change in Semirara

Management

Increase in coal prices

Contribution of Homes

Semirara sell down

Purchase Maynilad

Purchase of Calaca

Asian Financial Crisis

Maturity of Prefs

Sub-prime

Calaca shutdown

Sale of AGP

Sale of Maynilad

Historical Timeline

CASH DIVIDENDS

2008 2009 2010 2011 2012 2013

Special - - - - 2,655 6,372

Regular 532 1,328 2,655 3,186 3,186 3,186

Dividend/Share 0.20 0.50 1.00 1.20 2.20 3.60

EPS 0.64 1.77 2.96 3.61 3.69 7.13

-

1.00

2.00

3.00

4.00

5.00

6.00

7.00

8.00

-

2,000

4,000

6,000

8,000

10,000

12,000

(Amounts in Php Million) (Amounts in Php)

*

*Includes one-time gain of USD188 Mn

Award 1: TPLEX Tarlac-Pangasinan-La Union-Expressway 15B Php*

CONSTRUCTION

Updates:

Award 2: NAIA Expressway 11B Php

At-Grade

Entertain

ment City

Construction Period: January 2014 – January 2015

Project inclusions: Architectural works, improvement of mechanical, electrical and

plumbing, and structural retrofitting

Award 3: NAIA Terminal 1 Rehab 1.3B Php

150 117

229

103 73 84

181

77

276

34

247 250 206

137 104 10

16 12

2009 2010 2011 2012 2013 H1 2014

Buildings Infrastructure Power Water

USD Mn

Construction Backlog

Under Negotiation: Connector Road (CITRA)* 25B Php

Prospects

Connector Road (MPIC) CALA Expressway C6 Expressway - Php50 bn MRT-7 - Php20Bn Power plants

RESIDENTIAL DEVELOPMENT

Sustain housing developments Target: 8-10% growth Possible development into other market segments – higher and lower end (pics)

Outlook:

COAL MINING

Coal and other Reserves

COAL MINING

Flat production – 7.9 million tons per year Highly dependent on coal prices More focus into power Continue CSR and Sustainability programs Look into other ground mining for other coal reserves

Outlook:

POWER ON-GRID

PROJECT UPDATE (Phase 1)

AREAS/ACTIVITY STATUS AS OF JUNE 30, 2014

1. EQUIPMENT MANUFACTURING

2. SHIPPING DELAYS

Engineering Progress – 100% (Completed) Procurement/Shipment – 95.4% (Completion in Aug.)

3. CONSTRUCTION / CIVIL WORKS Construction Progress – 66.1%

4. COMPLETION DATE 2015

Updates

PROJECT UPDATE (Phase 2)

1 x 350 MW CFB Power Plant

AREAS STATUS AS OF JUNE 30, 2014

1. BOI REGISTRATION

Approved by BOI with certain conditions to comply for final registration

2. ECC Conversion from “CFB” to “PC” technology in process

3. EPC EP supplier’s proposal under final stage of review and evaluation

4. PROJECT FINANCING Awaiting final award of EPC contractor

5. COMPLETION DATE 2018

Updates

Off-grid Power Updates:

PALAWAN (Diesel)

MINDORO (Bunker/Diesel)

MASBATE (Bunker/Diesel)

13MW Diesel Power Plant Supply agreement for 15 years Option to convert into coal for base power

25MW Diesel Power Plant Supply agreement for 15 years Option to convert into coal for base power

15MW Bunker/Diesel Power Plant Supply agreement for 20 years Option to convert into coal for base power

ENK Plc

Interest 100%

Location Sta. Cruz and Candelaria

Reserves JORC 69 million tonnes

Toledo Mining Corp.

Interest 100%

Location Berong, Long Point, Moorsom, and Ulugan in Palawan

Reserves Estimated non-JORC 397 million tonnes

NICKEL MINING

Berong Zambales

0

50,000

100,000

150,000

200,000

250,000

300,000

JAN FEB MAR APR MAY JUN

0 0

54,7

04

216,3

38

269,8

11

55,3

56

0 0 0 0

53

,24

3

53,4

50

Sh

ipm

en

t,

WM

T

Period

January to June 2014

Shipments

Current issues

Zambales

Issuance of Tree cutting permit pending with DENR Suspension Order of extraction of Nickel Ore and future expansion of mining areas due unsystematic mining and extraction method, received dated July 15, 2014

Berong In process new port application Sea-swells in certain months that make shipment difficult

Moving forward

Address regulatory issues Continue to improve production capability

http://www.bulacan.gov.ph/map/new.php

Organic growth – North (Bulacan)

WATER

Maragondon River Total Capacity: 596 MLD Water Permitees: NIA: 412.7 MLD MWIC: 113.7 MLD Others: 15.0 MLD

Indang River Total Capacity: 163* Water Permitees: MWCI: 13.0 MLD MWIC: 110.0 MLD P2K: 25.0 MLD

* For Validation

Organic growth – South (Cavite and Laguna)

*With water source options

ROAD

*Possible divestment

Construction Pursue construction works from PPP projects and power plants projects

Coal Mining Optimize production to support its own power plants

Power Expansions in Calaca and develop off-grid power plants

Housing Sustain housing developments

Water New connections in adjacent areas (Bulacan and Cavite)

Nickel Mining Improve operations in Berong and Zambales mines

3/F Dacon Bldg. 2281 Don Chino Roces Avenue, Makati City 1231, Philippines

Tel. (632) 888 3000 Fax: (632) 816 7362

Email: investor_inquiries@dmcinet.com

Website: https://www.dmciholdings.com