ABS-CBN Corporation Sgt. Esguerra Avenue, Quezon City, Philippines

15 November 2012 Securities and Exchange Commission Attn: Director Justina F. Callangan Corporate Finance Department SEC Building, EDSA, Mandaluyong City Philippine Stock Exchange, Inc. Attn: Ms. Janet A. Encarnacion

Head, Disclosure Department 3rd Floor, Philippine Stock Exchange Plaza Ayala Triangle, Ayala Avenue, Makati City

Subject: Investor Briefing Materials Gentlemen / Ladies:

Please find attached materials presented in our briefing this afternoon Very truly yours, Paul Michael V. Villanueva Compliance Officer for Corporate Governance

PRESS RELEASE

Release Date : FOR IMMEDIATE RELEASE Reference : Paul Michael Villanueva, Head, Treasury and Compliance Officer

Tel : 415.2272 local 4322 Email : mike_villanueva@abs-cbn.com

ABS-CBN’s recurring income for nine months up by 10% fuelled by strong advertising revenues and consumer sales Quezon City, Philippines (November 15, 2012) – The consolidated net income of ABS-CBN Corporation (“ABS-CBN” or the “Company”) (PSE: ABS, ABSP), the country’s largest multimedia conglomerate, registered P1.555 billion for the first nine months of 2012, down by 31% compared with P2.240 billion in the same period last year. Removing the effects of the gain from the sale of Sky Cable PDRs recognized in the first nine months of 2011 amounting to P825 million, net income increased by 10%. The growth in recurring income was fuelled by strong advertising revenues and consumer sales in the third quarter. ABS-CBN generated consolidated revenues of P24.0 billion from advertising and consumer sales for the first nine months, a 13% increase compared to the same period last year. ABS-CBN’s advertising revenues reached P14.5 billion in the first nine months of the year, an

increase of 8% from a year ago. Consumer sales for the nine month period amounted to P9.5

billion, posting a 21% increase. Sky Cable continues to be a major driver of growth with

revenues increasing by 29% to P4.1 billion. The growth in revenues is partly attributable to the

full quarter effect of the acquisition of Destiny Cable.

Total operating and other expenses increased by 14% year-on-year to P19.4 billion brought

about by increases in production costs, cost of sales and services , and general and

administrative expenses.

Capital expenditure and film and program rights acquisition for the nine month period amounted to P3.5 billion, 8% higher than the level of spending for the same period last year. ABS-CBN maintained its national audience share and ratings leadership for Urban and Rural

audiences with prime-time audience share averaging 49% in the third quarter of 2012, a 21

percentage point lead over GMA’s, based on the Kantar National TV Ratings.

For the third quarter, 16 of the company’s shows were in the Top 20 for Total Philippines

(Urban and Rural), with the following occupying the Top 10 slots: Walang Hanggan, Princess &

I, Maalaala Mo Kaya, TV Patrol (Weekday), Wansapanataym, Donaire vs. Mathebula, Pinoy Big

Brother Teen Edition, Rated K Handa na ba Kayo?, Kapamilya Deal or No Deal and Goin’ Bulilit.

ABS-CBN Film Productions, Inc. released 12 films in the first nine months of 2012. Six of them–

Enteng ng Ina Mo, Segunda Mano, Unofficially Yours, Kimmy Dora and the Temple of Kiyeme,

The Healing and The Mistress –topped P100 million in box office receipts, earning blockbuster

status by local standards. Enteng ng Ina Mo and The Mistress grossed more than P200 million.

--- About ABS-CBN Corporation ABS-CBN Corporation is the leading Philippine entertainment and information multimedia conglomerate. In the Philippines, ABS-CBN produces a wide variety of engaging world-class entertainment programs in several genres and balanced credible news programs that are aired on free-to-air TV via Channels 2 (VHF) and 23 (UHF) and a regional network of TV and radio stations nationwide. It also provides news and entertainment programming for nine channels on cable TV. The Company owns the leading film and music production and distribution outfit in the Philippines, and has interests in cable TV, Internet and mobile services, and glossy-magazine publishing. It brings its content to worldwide audiences via cable, satellite and the Internet, primarily through ABS-CBN Global’s The Filipino Channel (TFC).

Nine Months Ended September 30, 2012 Financial & Operating Results

The Chronicle Lounge 14/F Eugenio Lopez Jr. Communications Center

Eugenio Lopez Ave., Q.C. 15 November 2012

13%

Consolidated Gross Revenues

13,372 14,496

7,857 9,521

-

5,000

10,000

15,000

20,000

25,000

30,000

9M11 9M12Airtime Revenues Consumer Sales

21,229 24,017

in Php Millions

2

40%

60%

37%

63%

Without the incremental revenues from growth initiatives, revenues grew by 11%

Consolidated Advertising Revenues in Php Millions

8% YoY

0

3,000

6,000

9,000

12,000

15,000

9M2011 9M2012

13,372 14,496

3

43

49

3128

1211

ABS-CBN GMA TV 5

National Ratings – Total Philippines (Urban + Rural)

4

Total Day Audience Share Evening Primetime Audience Share

Kantar Media/TNS National Philippines TV Audience Shares

(3rd Quarter 2012)

Kantar Media/TNS National Philippines (Urban+Rural)

3Q 2012

Top 20 Programs

Rank Channel Program Ratings

1 ABS-CBN WALANG HANGGAN 37.92 ABS-CBN PRINCESS AND I 36.83 ABS-CBN MAALAALA MO KAYA... 35.7

4-5 ABS-CBN TV PATROL WEEKDAY 32.04-5 ABS-CBN WANSAPANATAYM 32.06 ABS-CBN DONAIRE VS MATHEBULA 27.57 ABS-CBN PINOY BIG BROTHER TEEN EDITION 4 SATURDAY 26.68 ABS-CBN RATED K HANDA NA BA KAYO? 26.39 ABS-CBN KAPAMILYA DEAL OR NO DEAL 25.1

10 ABS-CBN GOIN' BULILIT 23.711 ABS-CBN ARYANA 23.112 ABS-CBN BE CAREFUL WITH MY HEART 21.913 ABS-CBN LORENZO'S TIME 21.414 GMA PEPITO MANALOTO ANG TUNAY NA KUWENTO 21.1

15 ABS-CBN THE X FACTOR PHILIPPINES SATURDAY 20.316 ABS-CBN SARAH G LIVE 20.2

17-18 ABS-CBN TV PATROL WEEKEND SUNDAY 18.217-18 GMA KAP'S AMAZING STORIES 18.2

19-20 GMA KAPUSO MO, JESSICA SOHO 17.9

19-20 GMA 24 ORAS WEEKDAY 17.9

Consumer Sales in Php Millions

21% YoY

0

2,000

4,000

6,000

8,000

10,000

9M2011 9M2012

7,857

9,521

6

Without the incremental revenues from the growth initiatives, consumer sales increased by 15%.

Consumer Sales

7

7,857

3,5743,192

1,091

9,521

3,5614,127

1,833

0

2,000

4,000

6,000

8,000

10,000

Total ConsumerSales

ABS-CBN Global SkyCable Other Subs

9M2011 9M2012

in Php Millions

21% YoY

0% YoY 29% YoY

68% YoY

ABS-CBN Global

8

• REVENUES: 1% increase in terms of USD, flat in Php

• Viewer count remained flat year on year

• Continued growth in Canada, Asia Pacific, Australia and North America

Sky Cable

Strong revenue growth, up 29% YoY

• Without Destiny, revenues grew 12%

• Total broadband revenues grew 44%

• Total postpaid cable revenues grew by 29%

9

0

1,000

2,000

3,000

4,000

5,000

9M2011 9M2012

3,192 3,572

0 555

Sky Only Destiny

In Php Millions

29%

Sky Cable Revenues

ABS-CBN Film Productions 6 of 12 films released in January to September 2012 broke past the

Php 100 million mark in gross box office receipts

10

2 movies grossed more than Php 200 million

11

Operating & Other Expenses in Php Millions

*Without the one-time gain on sale of investments

17,11219,442

0

4,000

8,000

12,000

16,000

20,000

9M2011 9M2012

14%

*

Without the incremental costs from growth initiatives, Operating and Other Expenses grew by 9%.

6,951

5,099 5,046

16

7,626

6,1365,784

-104-1,000

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

Prod Cost COSS GAEX Others

9M2011

9M201212

Operating & Other Expenses in Php Millions

+10% YoY

+20% YoY +15% YoY

*

*Without the one-time gain on sale of investments

6,951

5,831

1,120

7,626

6,492

1,134

0

2,000

4,000

6,000

8,000

Production Cost Cash Non-cash

9M2011

9M2012

13

Production Cost in Php Millions

10% YoY

11% YoY

1% YoY

5,099

1,683

2,305

1,111

6,136

1,731

2,743

1,662

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

Total Cost of Salesand Services

ABS-CBN Global SkyCable Other Subs

9M2011 9M2012

14

Cost of Sales and Services in Php Millions

20% YoY

3% YoY

49% YoY

19% YoY

Without the incremental costs from growth initiatives, COSS grew by 11%.

5,0464,594

452

5,7845,342

442

0

1,000

2,000

3,000

4,000

5,000

6,000

General &Administrative

Expenses

Cash Non-Cash

9M2011 9M201215

General & Administrative Expenses in Php Millions

15% YoY

2% YoY

16% YoY

Without the incremental GAEX from growth initiatives, GAEX grew by 9%.

Consolidated Net Income in Php Millions

31% YoY

16

0

500

1,000

1,500

2,000

2,500

9M2011 9M2012

1,415 1,555

825

Gain from sale

of investments

2,240 Reported Income

10% YoY Recurring Income

Consolidated EBITDA in Php Millions

8% YoY

17

0

1,000

2,000

3,000

4,000

5,000

6,000

9M2011 9M2012

4,714 5,204

917

Gain from sale

of investments

5,631

Reported EBITDA

10% YoY Recurring EBITDA

Cash Capital Expenditure & Film Rights in Php Millions

0

1,000

2,000

3,000

4,000

9M2011 9M2012

3,247 3,505

18

8% YoY

Balance Sheet Accounts End September 30, 2012 vs. December 31, 2011

Total Assets Cash and Cash Equivalents Trade Receivables Day’s Sales Outstanding Total Interest Bearing Debt Shareholders’ Equity Net Debt-to-Equity Ratio

Php 51.0B Php6.8B Php7.5B 88 days Php15.8B Php21.0B 0.43x

14% 21% 18% 5 days 26% 3% 0.24x

Balance Sheet Accounts End September 30, 2012 vs. June 30, 2012

Total Assets Cash and Cash Equivalents Trade Receivables Day’s Sales Outstanding Total Interest Bearing Debt Shareholders’ Equity Net Debt-to-Equity Ratio

Php 51.0B Php6.8B Php7.5B 88 days Php15.8B Php21.0B 0.43x

4% 6% 4% 1day 7% 3% 0.04x

20

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