Tuesday, August 7, 2007

Exercise of over-allotment option

Aboitiz Power Corporation (APC) was informed by UBS AG (UBS), the Sole Global Coordinator and Bookrunner of the international offering of APC's common shares, that pursuant to the provisions of the international Underwriting Agreement dated June 30, 2007, UBS exercised its over-allotment option for an additional 48,533,565 common shares of APC at the price of PhP 5.90 per share.

Source/Reference: Disclosure of Aboitiz Power Corporation to the PSE dated August 03, 2007

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