In connection with the initial public offering of EWBC, Deutsche Bank AG has exercised the over-allotment option on 5 June 2012.

Below are the details of trades carried out by Deutsche Bank AG during the entire stabilization period from 7 May 2012 to 5 June 2012:

Total number of shares from stabilization trades on 15 May 2012:82,100 shares
Average price of stabilization trades :PHP 18.50
Total number of exercised over-allotment option shares on 5 June 2012:36,715,300 shares
Exercised Price:PHP 18.50

This notice is being made in compliance with the requirement of the Philippine Securities and Exchange Commission.