GMA NETWORK, INC.

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Audience Shares

Based on Total Day (6am -12mn) - Households in TV Homes Source: Nielsen Phils TAM (Arianna)

Effective January 2014, Mega Manila and Urban Luzon account for 60% and 77% of all Urban TV Households, respectively.

38.8 37.8

27.7

30.0

9.8 9.2 9.9

34.2 34.1

Mega.Manila Urban.Luzon NUTAM

GMA ABS TV5

3rd Quarter 2014 Audience Shares

RATINGS UPDATE - Radio

#1 FM Radio station in Cebu and Iloilo

#3 FM Radio station in Mega Manila

#1 AM Radio station in Mega Manila

#2 FM Radio station in Bacolod and Dagupan

#2 AM Radio station in Cebu

SOURCE: Nielsen Media RAM Period covering (Sept 24-30 for Manila, Aug 23-29 for Cebu, Aug 29-Sept 3 for Iloilo, Aug 25-31 for Bacolod and Sept 9-15 for Dagupan)

Building a Global Brand ...

Almost 274 thousand subscriptions as of September 2014

Over 89 thousand subscriptions as of September 2014

5%YoY

9%YoY

International Pay TV Channels

Over 19 thousand subscriptions as of September 2014

90%YoY

Almost 38 thousand subscriptions as of September 2014

25%YoY

Building a Global Brand ...

Gold Record Award (combined physical and digital sales – over 11,000 units)

Release date: June 1, 2014

Sales as of September 30, 2014

Program Syndication and Licensing ������������������ ���

Cambodia Sold Free TV Rights of Akin Pa Rin Ang Bukas Vietnam Sold Free and Basic Pay TV Rights of Bukod Kang Pinagpala, Indio, Hiram Na Puso, Prinsesa Ng Buhay Ko, Mga Basang Sisiw, Ang Kakambal Ni Eliana, Maghihintay Pa Rin, Dormitoryo and Akin Pa Rin Ang Bukas Malaysia, Singapore and Brunei Sold Basic Pay TV Rights of Babangon Ako't Dudurugin Kita, Magdusa Ka, Una Kang Naging Akin, Kaya Kong Abutin Ang Langit, Kasalanan Ba Ang Ibigin Ka? and Kung Aagawin Mo Ang Langit Malaysia and Brunei Sold Online and Mobile Rights of Kaputol Ng Isang Awit Nigeria Sold Basic Pay TV Rights of Dyesebel Worldwide Various News Footage

Building a Global Brand ...

Awards and Recognition Building a Global Brand ... AWARDS:

JULY Philippine Association for National Advertisers PANAta Marketing Effectiveness Awards GMPI won in the External Communications – Programs - Brand category for its Del Monte Kitchenomics Branded Content and Integrated Mobile App. The mobile app allows users to download recipes featured in the Del Monte Kitchenomics program just by scanning any Del Monte logo, seamlessly integrating the branded content with the user’s experience with the products.

AUGUST Spark Awards for Media Excellence 2014 GMPI garnered 7 recognitions, including 3 Golds and 1 Silver, at the Spark Awards which celebrates the best practices in media solutions, products and services:

• Del Monte Kitchenomics (2 Golds and 1 Silver for Best App, Best Use of Branded Content and Best Media Solution – Integrated Media) • GMA Christmas Short Films Campaign (Gold for Best Media Solution) • GMPI Team (Bronze for Best Creative Team) • GMPI’s Asim Kilig for Knorr Sinigang (Bronze for Best Media Solution) • Kapuso Milyonaryo (Bronze for Most Improved Offering)

SEPTEMBER

2014 CEO Excel Award Jessica Soho was recognized for her leadership and management role in communications excellence. The International Association of Business Communicators (IABC) Philippines confers the CEO Excel Award to top-level business and organization heads. 2014 NAMIC Excellence in Multicultural Marketing Awards (EMMA) GMA International was recognized for its “Manny Pacquiao T-Shirts Gift-with-Purchase” and “Celebrity Shout Out” promos which won second place in the Print and Social Media category, respectively, while the “Balikbayan/Repatriate Box Discount Card Gift-with-Purchase” promo finished third in the Grassroots category. NAMIC is an international organization that recognizes superior multicultural marketing practices in the cable industry.

Consolidated Financial Report For the Nine Months Ended September 30, 2014 GMA Network, Inc. November 14, 2014

CONSOLIDATED NET REVENUES Comparative Quarterly Highlights (vs. previous quarter)

(In Millions PhP)

• Net revenues increased by 8% vs. Q2 ’14.

Subscription and others +12%

Airtime revenues +7%

2,598

355316

2,786

0

1,000

2,000

3,000

4,000

Q3 '14 Q2 '14

2,915 3,141

Total Revenues +8%

AIRTIME REVENUES Comparative Quarterly Highlights (vs. previous quarter)

(In Millions PhP)

*Net airtime revenues up by 7%.

Q3 ’14 Q2’14 Inc (Dec)

TV

Channel 7/RTV 2,584 2,420 7%

Channel 11 (GNTV) 92 82 12%

Radio 110 95 15%

2,786 2,598 7%

SUBSCRIPTION AND OTHER REVENUES Comparative Quarterly Highlights (vs. previous quarter)

(In Millions PhP)

** Subscriber count

Q3 ’14 Q2 ’14 Inc (Dec)

International 264 270 (2%)

Subsidiaries and others 90 46 95%

Total 355 316 12%

Q3 ’14 Q2 ’14 Inc (Dec)

GPTV 273,883 271,201 1%

GLTV 89,136 88,579 1%

Average Forex 44.01 44.06 (0.1%)

* Revenues from International operations, subsidiaries and others increased by 12% vs. previous quarter.

FINANCIAL HIGHLIGHTS Comparative Quarterly Highlights (vs. previous quarter)

(In Millions PhP)

Revenues +8%

Expenses +2%

EBITDA +31%

Net Income +66%

422 254972 743

2,5902,544

3,1412,915

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

Q3 '14 Q2 '14

EBITDA and Net Income increased by 31% and 66%, respectively, against Q2’14.

CONSOLIDATED NET REVENUES For the Third Quarters Ended September 30, 2014 and 2013

(In Millions PhP)

• Net revenues increased 4% vs. same quarter last year.

Subscription and others +6%

Airtime revenues +4%

2,691

355 336

2,786

0

1,000

2,000

3,000

4,000

Q3 '14 Q3 '13

3,027 3,141

Total Revenues +4%

AIRTIME REVENUES For the Third Quarters Ended September 30, 2014 and 2013

(In Millions PhP)

* Net airtime revenues up by 4%

Q3 ’14 Q3 ’13 Inc (Dec)

TV

Channel 7/RTV 2,584 2,528 2%

Channel 11 (GNTV) 92 82 13%

Radio 110 82 34%

Total 2,786 2,691 4%

SUBSCRIPTION AND OTHER REVENUES For the Third Quarters Ended September 30, 2014 and 2013

(In Millions PhP)

** Subscriber count

Q3 ’14 Q3 ’13 Inc (Dec)

International 264 254 4%

Subsidiaries and others 90 82 10%

Total 355 336 6%

Q3 ’14 Q3 ’13 Inc (Dec)

GPTV 273,883 261,167 5%

GLTV 89,136 81,597 9%

Average Forex 44.01 43.98 0.1%

FINANCIAL HIGHLIGHTS For the Third Quarters Ended September 30, 2014 and 2013

(In Millions PhP)

Revenues +4%

Expenses +3%

EBITDA +15%

Net Income +20%

422 353972 846

2,590 2,516

3,141 3,027

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

Q3 '14 Q3 '13

EBITDA and Net Income climbed by 15% and 20%, respectively, vs. the same quarter last year.

CONSOLIDATED REVENUES For the Nine Months Ended September 30, 2014 and 2013

(In Millions PhP)

• Net revenues declined by 9% vs. 9M 2013 inclusive of pol ads and by 1% after carving out election-related advertising revenues worth P724M in 2013

Subscription and others +10%

Airtime revenues -11%

979 893

8,8597,927

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

10,000

9M '14 9M '13

9,752 8,906

Total Revenues -9%

AIRTIME REVENUES For the Nine Months Ended September 30, 2014 and 2013

(In Millions PhP)

9M ’14 9M ’13 Inc (Dec)

TV

Channel 7/RTV 7,411 8,346 (11%)

Channel 11 (GNTV) 234 204 14%

Radio 283 309 (8%)

7,927 8,859 (11%) Less: Non-recurring Pol Ads - 724 (100%)

Total 7,927 8,135 (3%)

SUBSCRIPTION AND OTHER REVENUES For the Nine Months Ended September 30, 2014 and 2013

(In Millions PhP)

* Subscriber count

9M ’14 9M ’13 Inc (Dec)

International 792 725 9%

Subsidiaries and others 187 168 12%

Total 979 893 10%

9M ’14 9M ’13 Inc (Dec)

GPTV 273,883 261,167 5%

GLTV 89,136 81,597 9%

Average Forex 44.34 42.34 5%

4,034 4,257

3,463 3,344

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9M '14 9M '13

CONSOLIDATED OPERATING EXPENSES For the Nine Months Ended September 30, 2014 and 2013

(In Millions PhP)

56% 54% Prod costs -5%

GAEX 4%

• Total OPEX dropped by 1% year-on-year.

7,601 7,497

FINANCIAL HIGHLIGHTS For the Nine Months Ended September 30, 2014 and 2013

(In Millions PhP)

Revenues -9%

Expenses -1%

EBITDA -19%

Net Income -33%

1,001 1,4882,538 3,138

7,4977,601

8,9069,752

02,0004,0006,0008,000

10,00012,00014,00016,00018,00020,00022,00024,000

9M '14 9M '13

EBITDA and Net Income were down by 19% and 33%, respectively

628832

600 428

896 956

673

967

98

0

200

400

600

800

1000

1200

2007 2008 2009 2010 2011 2012 2013 2014

CAPITAL EXPENDITURES (In Millions PhP)

Capital Expenditure availments amounted to P967 million as of September 30, 2014.

REMAINING

1,065

9M

CONSOLIDATED BALANCE SHEETS (In Millions PhP)

8,444 7,4870

5,000

10,000

15,000

9M '14 9M '13

Current Assets

14,266 13,035

0

5,000

10,000

15,000

9M '14 9M '13

Total Assets

5,745

8,478

4,603

8,398

0

5,000

10,000

15,000

9M '14 9M '13

Total Liabilities Equity

1.84 2.04

0.00

1.00

2.00

3.00

9M '14 9M '13

Current Ratio

4,601 3,6740

5,000

10,000

15,000

9M '14 9M '13

Current Liabilities

Thank you!

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