SALCON POWER CORPORATIONLIST OF TOP 100 STOCKHOLDERSAS OF JUNE 30, 2004

NAME OF STOCKHOLDER NO. OF SHARES % To Total

1 SALCON HOLDINGS PHILS., INC. 588,102,367 37.4709%2 PCD NOMINEE CORPORATION (FILIPINO) 497,826,832 31.7190%3 INTREPID HOLDINGS, INC. 108,778,957 6.9308%4 JAD HOLDINGS, INC. 108,778,957 6.9308%5 SALCON POWER CORPORATION 74,494,997 4.7464%6 ATC ENGINEERING SDN. BHD. 66,892,741 4.2621%7 ROWELL PLASTIC CORPORATION 38,864,638 2.4763%8 RAYFIELD HOLDINGS, INC. 32,563,928 2.0748%9 SHANGHAI SHANGNAN THERMAL POWER 13,709,845 0.8735%

10 NI, MALI 10,000,000 0.6371%11 ALH MANAGEMENT, INC. 8,000,000 0.5097%12 PCD NOMINEE CORPORATION (NON-FILIPINO) 6,402,000 0.4079%13 ACTIM SDN BHD 4,590,000 0.2925%14 CHAN, KOK CHOONG 4,490,649 0.2861%15 TANCHIP, TOMAS 1,000,000 0.0637%

TIU, CECILE CHUA 1,000,000 0.0637%16 KRUG, STANLEY 571,429 0.0364%17 FENIX, JR., ALBERTO P. 444,638 0.0283%18 NILO, AUGUSTO PERALTA 444,632 0.0283%19 LANDMARK HOLDINGS CORPORATION 200,000 0.0127%20 MARTIREZ, YOLANDA A. 142,305 0.0091%21 GAMEZ, CORAZON L. 141,305 0.0090%22 QUIOKELES, HAMELITO ALQUIZAR 100,000 0.0064%

YU, JUAN G. &/OR GRACE C. YU 100,000 0.0064%23 BACALAN, ANTONIETTA ABELLA 60,000 0.0038%24 BALISACAN, ARSENIO M. 56,000 0.0036%

INOCANDO, LORENZO D. 56,000 0.0036%TAN SWEE KIM 56,000 0.0036%

25 BERONIO, ESTER GAGABUAN 54,000 0.0034%26 FERNANDEZ, NAPOLEON GONZALES 50,000 0.0032%

LEE, MA. LEA B. 50,000 0.0032%27 TURA, NOEL PARAGOSO 46,000 0.0029%28 LOQUELLANO, FE F. 30,000 0.0019%

SEVILLA, MA. LOURDES M. 30,000 0.0019%29 GO, ROBERTO C. 20,000 0.0013%

LLOYD, REGINALD BRYAN 20,000 0.0013%MARTIREZ, VICENTE S. 20,000 0.0013%PIZA, SHARON FAYE A. 20,000 0.0013%

ROXAS, JOSEPH T. 20,000 0.0013%TAN, ALBERTO A. 20,000 0.0013%TAN, ALSTON P. 20,000 0.0013%TAN, ALVIN P. 20,000 0.0013%TAN, MADELINE P. 20,000 0.0013%TAN, MAXIMA P. 20,000 0.0013%UY, ROBERTO L. 20,000 0.0013%VALEROSO, GINALYN CATAYTAY 20,000 0.0013%

30 REMOROZA, ELENITA PETRONILA A. 15,000 0.0010%31 LABRA, ROMULO F. 14,000 0.0009%32 BARICUATRO, SATURNINA BULADACO 13,000 0.0008%33 ANTEQUISA, CARINO V. 11,000 0.0007%

BONSUBRE, ANITA ABELLANA 11,000 0.0007%DASMARINAS, EASTER Y 11,000 0.0007%MUNOZ, ELRICO V. 11,000 0.0007%SABELLA, TERESITA Y. 11,000 0.0007%

34 ALFEREZ, RONILO N. 10,000 0.0006%ANANA, AMALIA G. 10,000 0.0006%CALAMBA, ARMANDO S. 10,000 0.0006%CANSINO, FLORITA L. 10,000 0.0006%CHAN, SOU CHONG BETTY 10,000 0.0006%DANCEL, JOSEPHINE VILLAREAL 10,000 0.0006%LARA, SAU MIN CHAN 10,000 0.0006%NI, QIANG MING 10,000 0.0006%QUITO, RANIEL S. 10,000 0.0006%SIMON, GEORGE S. 10,000 0.0006%UY, CARINA C. 10,000 0.0006%VARILLA, ANNA KATRINA M. 10,000 0.0006%ZHAO, ZUO PING 10,000 0.0006%

35 ALVAREZ, INOCENCIA TOMARSE 9,000 0.0006%DOROTHEO, ELSA GALINDEZ 9,000 0.0006%ENTENDEZ, ROSSANO MIRANDA 9,000 0.0006%

36 CAPARAS, LIBRADO T. 8,000 0.0005%PAGOBO, GILBERT AGUILAR 8,000 0.0005%SALE, REUEL B. 8,000 0.0005%VILLARIN, GIL T. 8,000 0.0005%

37 DE GUZMAN, CECILIA YOUNG 7,000 0.0004%38 BALLESTEROS, ALFREDO SICHON 6,000 0.0004%

BATAUSA, JERRY Q. 6,000 0.0004%ZHOU, ZHONG YING 6,000 0.0004%

39 ARIBAL, MA. VICTORIA J. 5,000 0.0003%CENTENO, LIRIOS 5,000 0.0003%DELA CRUZ, EMILIO M. 5,000 0.0003%DOROTHEO, STEPHANIE ANNE GALIN 5,000 0.0003%

FUCANAN, SOCRATES B. 5,000 0.0003%FUCANAN, ZIPHORA P. 5,000 0.0003%MAGNO, SONIA MILLORA 5,000 0.0003%MUNESES, MARK T. 5,000 0.0003%MUNESES, YVONNE THERESE M. 5,000 0.0003%MU¥ESES, FLAVIANO B. 5,000 0.0003%NUÑEZ, CHARITO TRAQUEÑA 5,000 0.0003%SALGADOS, MISAEL MEJORADA 5,000 0.0003%SATURINAS, MA. ASUNCION R. 5,000 0.0003%SIA, FRANCIS YAP 5,000 0.0003%TUBALLA, ANTHONY CREDO 5,000 0.0003%UY, CLAUDITH F. 5,000 0.0003%UY, RICHARD T. 5,000 0.0003%WONG, OLIMPIA D. 5,000 0.0003%

40 CORNEL, FIDELA C. 4,000 0.0003%CURATO, FROILAND D. 4,000 0.0003%DALUPAN, ARTURO TAMPOS 4,000 0.0003%NILAYAN, JOVEE S. 4,000 0.0003%RECIO, JOHANNES LARGA 4,000 0.0003%SAYON, DANTE D. 4,000 0.0003%TAMPUS, EVELYN ESPINA 4,000 0.0003%

41 ABAJA, ERLINDA CUNAHAP 3,000 0.0002%AYTONA, EMMA NICOL 3,000 0.0002%AYTONA, NOEL ALCANTARA 3,000 0.0002%BELGIRA, ROMULO VILLAMOR 3,000 0.0002%CASTIN, JOCELYN PIÑAS 3,000 0.0002%DURAN, LIDIA GARCIA 3,000 0.0002%GARCIA, NAOMI OÑAS 3,000 0.0002%GENON, ROGELIO ANTOPINA 3,000 0.0002%GUIEB, MILAFLOR SARMIENTO 3,000 0.0002%LIM, JESSY B. 3,000 0.0002%LIM, LYNN IVEN P. 3,000 0.0002%LIM, VIVIEN V. 3,000 0.0002%MANATO, LOURDES ASIS 3,000 0.0002%MELO, LERNA T. 3,000 0.0002%MUTIA, PRISCO SUBRADO 3,000 0.0002%PANONG, MA. ANTOINETTE N. 3,000 0.0002%PEREZ, ANA LIZA LUNGBOY 3,000 0.0002%RAMO, JUAN EUDES V. 3,000 0.0002%RUBIN, MARIA CHONA MONTECLAR 3,000 0.0002%SISON, ESTRELLITA LEUTERIO 3,000 0.0002%TAYOTO, EMILY CUNAHAP 3,000 0.0002%TORREFALMA, JULIANA A. 3,000 0.0002%VALERIO, AILEEN GUILLERMO 3,000 0.0002%

VARILLA, VINCENT M. 3,000 0.0002%VARQUEZ, CECILIO S. 3,000 0.0002%

42 ABLIR, BRIGETTE ALCANCIA 2,000 0.0001%ACMA, DARIO JEFFREY B. 2,000 0.0001%AGAYLAR, DJHOANNA C. 2,000 0.0001%BAJADE, JR, DANNY BETONIO 2,000 0.0001%BALAKID, DOVEE MARIE B. 2,000 0.0001%BANTILAN, EMMANUEL 2,000 0.0001%BERNALDEZ, GENARA T. 2,000 0.0001%BONGCAC, JOSIE T. 2,000 0.0001%BUCAYON, ROMMEL ABELARDO 2,000 0.0001%CABABASADA, ADAM C. 2,000 0.0001%CABACTULAN, ALLAN S. 2,000 0.0001%CABRERA, CORAZON C. 2,000 0.0001%CASTRO, HERMES E. 2,000 0.0001%CAYACAP, RICHARD B. 2,000 0.0001%CHUA, JULIE QUA 2,000 0.0001%CHUA, JULIE QUA 2,000 0.0001%CORNEL, JR., TIBURCIO C. 2,000 0.0001%COROMPIDO, DIOSDADO BAURA 2,000 0.0001%DAGANDARA, JOHANN T. 2,000 0.0001%DELA CUESTA, EDWIN L. 2,000 0.0001%DELA CUESTA, VIRGINIA M. 2,000 0.0001%DUMLAO, ARTURO PARAGAS 2,000 0.0001%ENGCOY, CLEOMELIA S. 2,000 0.0001%EVACITAS JR., FRANCISCO CHAN 2,000 0.0001%FLORES, JOSEPH MEDEL HATAMOSA 2,000 0.0001%GALANGUE, JOLAN REYES 2,000 0.0001%GALDIANO, ANITA OPELINIA 2,000 0.0001%GANTUANGCO, JR., CLEMENTE M. 2,000 0.0001%GAW, SALLY ELIZABETH SUI 2,000 0.0001%GUANGCO, MARY CLAIRE L. 2,000 0.0001%GUTIERREZ, MELCHOR ARVIN I. 2,000 0.0001%INSIK JR., MONICO FLORES 2,000 0.0001%JARALVE, LEONORA O. 2,000 0.0001%LAGUE, FELIX CADUYAC 2,000 0.0001%LAPUT, MARY PRETCHELL S. 2,000 0.0001%LAUG, WELLYN RAMONA O. 2,000 0.0001%LIRIO, WENELITA BERANGO 2,000 0.0001%LUAGUE, RODOLFO DUMDUM 2,000 0.0001%LUCIÑADA, TRUDY CLUTARIO 2,000 0.0001%MAGNO, MA. CIELITO CENTENO 2,000 0.0001%MALAGUM, LEBETH B. 2,000 0.0001%MEHOY, ALMIE C. 2,000 0.0001%

MERCADO, CATHERINE ROA 2,000 0.0001%MONTEJO, TADEO CARPIO 2,000 0.0001%NERI, ARLENE R. 2,000 0.0001%ORTIZ, LEMWEL CABLING 2,000 0.0001%PALMA, MYRA S. 2,000 0.0001%PERGAMINO, ADRION C. 2,000 0.0001%PIMENTEL, FLORINDA PEROCHO 2,000 0.0001%PLANDO, EDDIE 2,000 0.0001%POLINGA, ROMEO A. 2,000 0.0001%RAPAY, ROSELITO SAPLAGIO 2,000 0.0001%REYES, CRESENCIO GLORIA 2,000 0.0001%REYES, JESUS GLORIA 2,000 0.0001%RUBIO, IVY LUCILLE V. 2,000 0.0001%SALINO, CHERRY F. 2,000 0.0001%SANCHEZ, HERMINIO CRUZ 2,000 0.0001%SANTIAGO, JOANNA TORIBIO 2,000 0.0001%TACBAYA, JACOB F. 2,000 0.0001%TEMPLADO, REBECCA GARCIA 2,000 0.0001%URBIZTONDO, ALMA S. 2,000 0.0001%VARILLA, FRANCISCA M. &/OR 2,000 0.0001%

43 ALINCASTRE, LEOVIGILDA CENTENO 1,500 0.0001%ATIENZA, AVA MERCADO 1,500 0.0001%BARRANTA, DOLORES MARQUINEZ 1,500 0.0001%DAY-YO, MAX DUKIL 1,500 0.0001%GARCIA, PHILIP FUNK 1,500 0.0001%JIMENEZ, JR., MANUEL PENAFLOR 1,500 0.0001%MACAWILE, VIVENCIO TABULAO 1,500 0.0001%ROASA, MA. CARIDAD DIAZ 1,500 0.0001%ROJO, RICARDO AVORQUE 1,500 0.0001%TAMONDONG, AURORA DUMALIANG 1,500 0.0001%VILLAREAL, ROLANDO FLORES 1,500 0.0001%

44 ABA-A, AVELINO B. 1,000 0.0001%ABA-A, MELODINA M. 1,000 0.0001%ABANO, ALBERT SUSANITO N. 1,000 0.0001%ABANO, THELMA M. 1,000 0.0001%ABARRIENTOS, JANE ARMENTA 1,000 0.0001%ABOS, EVELYN V. 1,000 0.0001%ACASO, JOHANNA 1,000 0.0001%ACERON, ARNULFO A. 1,000 0.0001%ACERON, GLEN MARK F. 1,000 0.0001%AGUIMAN, CARMELITO R. 1,000 0.0001%AGUIMAN, MYRNA B. 1,000 0.0001%ALAS, JOSEPH KHING C. 1,000 0.0001%ALAS, JULIA C. 1,000 0.0001%

ALATIIT, II., ANGELIX PASCO 1,000 0.0001%ALFANTE, MARIA GINA J. 1,000 0.0001%ALIGAM, ERICA R. 1,000 0.0001%ALIGAM, EXEQUIEL B. 1,000 0.0001%ALVAREZ, RODERICK ALAIN 1,000 0.0001%AMIZOLA, PERCY M. 1,000 0.0001%AMIZOLA, ROSITA D. 1,000 0.0001%AMORA, JULITA C. 1,000 0.0001%AMORA, PABLO A. 1,000 0.0001%AMPARO, ARSENIO J. 1,000 0.0001%AMPARO, CONCORDIA J. 1,000 0.0001%AMPER, ADOLFO B. 1,000 0.0001%AMPER, LUZMINDA I. 1,000 0.0001%ANAVISO, ALFREDO COSMOD 1,000 0.0001%ANAVISO, BELEN BOISER 1,000 0.0001%ANDES, FLORESITA PINEDA 1,000 0.0001%ANGCLA, GLICERIA A. 1,000 0.0001%ANGCLA, NATHANIEL LUNGAY 1,000 0.0001%ANTONIO, ROLANDO V. 1,000 0.0001%ANUTA, EUFROCINA CABIJE 1,000 0.0001%ANUTA, SHIRLEY CABIJE 1,000 0.0001%APALE, MAIDA KAYE A. 1,000 0.0001%APARECE, LUZMINDA A. 1,000 0.0001%APARECE, RAMESES E. 1,000 0.0001%ARANGO, ADELIA R. 1,000 0.0001%ARANGO, RONALD B. 1,000 0.0001%ARCE, JR., NAZARIO G. 1,000 0.0001%ARCE, LEILA A. 1,000 0.0001%ARREZA, CONSUELO L. 1,000 0.0001%ARREZA, JR., ALFREDO Y. 1,000 0.0001%ASARES, MERLINDA C. 1,000 0.0001%ASARES, PANFILO M. 1,000 0.0001%AUXILIO, JESUS BELARMINO M. 1,000 0.0001%AUXILIO, ROSALYN R. 1,000 0.0001%AYOP, INOCENCIA A. 1,000 0.0001%AYOP, PAULINO P. 1,000 0.0001%A¥ORA, EVARISTA M. 1,000 0.0001%A¥ORA, GENEROSO C. 1,000 0.0001%A¥ORA, JUANITO C. 1,000 0.0001%A¥ORA, SIXTO L. 1,000 0.0001%BAAY, JORGE M. 1,000 0.0001%BAAY, ZOSIMO M. 1,000 0.0001%BACALAN, ANTONIETTA A. 1,000 0.0001%BACALAN, RAMON T. 1,000 0.0001%

BADENAS, KAREN L. 1,000 0.0001%BADENAS, MARICAR L. 1,000 0.0001%BAGUE, KARINA G. 1,000 0.0001%BAGUE, MA. KAROL G. 1,000 0.0001%BALABA, CARMELITA T. 1,000 0.0001%BALAGULAN, NEMESIA C. 1,000 0.0001%BALAGULAN, ROMMEL VINCENT C. 1,000 0.0001%BALANE, GLORIA C. 1,000 0.0001%BALANE, ILUMINADA C. 1,000 0.0001%BALMACEDA, JUANITO SORIA 1,000 0.0001%BALMACEDA, NESTOR SORIA 1,000 0.0001%BALORIO, EVARISTO B. 1,000 0.0001%BALORIO, MERLY D. 1,000 0.0001%BASELERES, DIONISIO T. 1,000 0.0001%BASELERES, ROSARIO M. 1,000 0.0001%BASILLA, HENRY FLORES 1,000 0.0001%BATINGAL, ALLAN T. 1,000 0.0001%BATINGAL, CRESTITA G. 1,000 0.0001%BELEN, RUSTUM BALLARES 1,000 0.0001%BERNALDEZ, FELIX T. 1,000 0.0001%BERNARDO, ORLANDO MAPUE 1,000 0.0001%BERONIO, APOLONIA G. 1,000 0.0001%BERONIO, ESTER G. 1,000 0.0001%BERSABAL, DEANREO B. 1,000 0.0001%BERSABAL, ZENAIDA C. 1,000 0.0001%BESIRA, JACINTO J. 1,000 0.0001%BESIRA, MA. NIMFA T. 1,000 0.0001%BILBAO, LORALIE R. 1,000 0.0001%BILBAO, MARIO D. 1,000 0.0001%BOISER, DIONISIO V. 1,000 0.0001%BOISER, MARINA JANE U. 1,000 0.0001%BONGOSIA, LOU BRIAN G. 1,000 0.0001%BONGOSIA, NILA IDA G. 1,000 0.0001%BUENO, FELICIANO A. 1,000 0.0001%BULOS, ALFREDO N. 1,000 0.0001%BULOS, FLORIDA T. 1,000 0.0001%BUSACO, LEONARDO T. 1,000 0.0001%BUSACO, SHELAMAE MASAPEQUENA 1,000 0.0001%BUYO, LYDIA O. 1,000 0.0001%BUYO, RUNERIO A. 1,000 0.0001%CABALLERO, LEONARDA H. 1,000 0.0001%CABALLERO, LEROY H. 1,000 0.0001%CABRERA, DIONISIO N. 1,000 0.0001%CABRERA, MARILOU R. 1,000 0.0001%

CAJES, CASIANA C. 1,000 0.0001%CAJES, LUCIANO N. 1,000 0.0001%CALAGO, JUANITA I. 1,000 0.0001%CANIZARES, ISMAEL CASAS 1,000 0.0001%CANIZARES, JULWENA SARIGUMBA 1,000 0.0001%CAPARAS, DELIA J. 1,000 0.0001%CASALDO, ESPHELAN G. 1,000 0.0001%CATAYTAY, NEMESIANA S. 1,000 0.0001%CHIONG, DENNIS G. 1,000 0.0001%CHIONG, NERISSA S. 1,000 0.0001%CHUA, JERRY QUA 1,000 0.0001%CIMAFRANCA, JR., RAMIRO S. 1,000 0.0001%CIMAFRANCA, TERESITA S. 1,000 0.0001%CODINA, ALGEN B. 1,000 0.0001%CODINA, MARIA ELIZABETH C. 1,000 0.0001%CRUZ, CLARITA B. 1,000 0.0001%CURATO, ROBERTO O. 1,000 0.0001%CURIBA, CONCEPCION M. 1,000 0.0001%CURIBA, ZOSIMO C. 1,000 0.0001%CUSTODIO, BLESELA B. 1,000 0.0001%CUSTODIO, NILO ORTIZ 1,000 0.0001%DAGANATO, SUSANA S. 1,000 0.0001%DAGANATO, TEODORICO E. 1,000 0.0001%DAGANGON, ALMA L. 1,000 0.0001%DAGANGON, NENITA L. 1,000 0.0001%DALAGAN, CYNTHIA ASUNTO 1,000 0.0001%DANGO, MRILYN UY 1,000 0.0001%DANGO, ROLANDO MATILDO 1,000 0.0001%DE GUZMAN, RICARDO ATABUG 1,000 0.0001%DE JESUS, ANGEL JOSE G. 1,000 0.0001%DE LEON, JR., LEONARDO M. 1,000 0.0001%DE LEON, MITZI D. 1,000 0.0001%DECASA, CORAZON A. 1,000 0.0001%DEL PILAR, NECIFORO D. 1,000 0.0001%DEL PILAR, REMEDIOS B. 1,000 0.0001%DELOS REYES, JOELLE L. 1,000 0.0001%DELOS REYES, ROMEO C. 1,000 0.0001%DEMATA, EDWARD B. 1,000 0.0001%DEMATA, ELSA L. 1,000 0.0001%DEPUTADO, LUIS LOWELL A. 1,000 0.0001%DIGAL III, JUANITO G. 1,000 0.0001%DIGAL, MELINDA G. 1,000 0.0001%DIPUTADO, JENNIFER C. 1,000 0.0001%DOMINGO, JR., CONRADO BRIGINO 1,000 0.0001%

DUMALE, MARIO D. 1,000 0.0001%DUMALE, ROSE EILEEN J. 1,000 0.0001%ECHEVERRIA, EDUARDO M. 1,000 0.0001%ECHEVERRIA, EDUARDO MERAMBEL 1,000 0.0001%ECHEVERRIA, ELIODORO S. 1,000 0.0001%EDQUIBAL, CHONA P. 1,000 0.0001%EDQUIBAL, GEMALLI P. 1,000 0.0001%ELIVERA, BRYAN ROEL T. 1,000 0.0001%ELIVERA, DARRELL S. 1,000 0.0001%ELIVERA, HAYDEE T. 1,000 0.0001%ELUDO, DANTE JARIOL 1,000 0.0001%ELUDO, DIOSDADO JARIOL 1,000 0.0001%ENOBIO, NICETAS D. 1,000 0.0001%ENOBIO,RENERIO T. 1,000 0.0001%ENRIQUEZ, MARINO T. 1,000 0.0001%ENRIQUEZ, PRISCILLA T. 1,000 0.0001%ENTENDEZ, DALISAY RAMOS 1,000 0.0001%ESPINOSA, JOEL B. 1,000 0.0001%ESPINOSA,IMELDA B. 1,000 0.0001%ESTOCADO, DIEGO S. 1,000 0.0001%ESTOCADO, MYRNA T. 1,000 0.0001%ESTOMO, HELEN D. 1,000 0.0001%ESTOMO, JOEL B. 1,000 0.0001%ESTOPEREZ, FORTUNATO A. 1,000 0.0001%ESTOPEREZ, JULIUS B. 1,000 0.0001%ESTRELLAS, LESLIE D. 1,000 0.0001%EVACITAS, FLORENCE C. 1,000 0.0001%EVACITAS, JR., FRANCISCO C. 1,000 0.0001%EVANGELISTA, ALAN T. 1,000 0.0001%EVANGELISTA, CASEY JASCHA E. 1,000 0.0001%EVANGELISTA, ERIC 1,000 0.0001%EVANGELISTA, ESTER L. 1,000 0.0001%EVANGELISTA, MA. FE R. 1,000 0.0001%FANCUVILLA, AMELIA M. 1,000 0.0001%FANCUVILLA, ARNULFO C. 1,000 0.0001%FAVILA, AIRIN R. 1,000 0.0001%FAVILA, JR., CLAUDIO B. 1,000 0.0001%FLORES, FE L. 1,000 0.0001%FLORES, JOSEPH MEDEL H. 1,000 0.0001%FLORES, MAGNA C. 1,000 0.0001%FLORES, ROCCO G. 1,000 0.0001%FRANCISCO, ISAGANE M. 1,000 0.0001%FRIEREZ, JESUS R. 1,000 0.0001%GABUCO, GEMMA A. 1,000 0.0001%

GABUCO, LANI A. 1,000 0.0001%GALIA, JOHN S. 1,000 0.0001%GALIA, MARY ANN E. 1,000 0.0001%GALLARES, ELLEN GRACE Z. 1,000 0.0001%GALLARES, NEMESIANO TOLENTINO 1,000 0.0001%GALLOCANTA, CERINA D. 1,000 0.0001%GALLOCANTA, HERMES P. 1,000 0.0001%GARSUTA, CANISIO J. 1,000 0.0001%GARSUTA, EPIFANIA L. 1,000 0.0001%GASATAN, MARIETTA S. 1,000 0.0001%GENON, MARY GRACE N. 1,000 0.0001%GENON, ROGELIO A. 1,000 0.0001%GO, ARNOLD E. 1,000 0.0001%GOMEZ, HECTOR C. 1,000 0.0001%GOMEZ, YVONNE I. 1,000 0.0001%GULTIANO, EUFRONIA E. 1,000 0.0001%GULTIANO, JR., RESTITUTO B. 1,000 0.0001%GUMAPAC, NENA GLORIA B. 1,000 0.0001%HORARIO, EVENEZER AGAM 1,000 0.0001%IBALE, ANALIZA B. 1,000 0.0001%IBALE, ANALIZA B. ITF JANNIEL 1,000 0.0001%ILANDAG, ARNIEL M. 1,000 0.0001%ILANDAG, BELINDA R. 1,000 0.0001%IMAN, MARIA FEJILEA P. 1,000 0.0001%IMAN, OLEGARIO D. 1,000 0.0001%INSEK, ARCHIE R. 1,000 0.0001%INSIK, JR., MONICO F. 1,000 0.0001%ISIP, CYNTHIA V. 1,000 0.0001%ISIP, LUISITO S. 1,000 0.0001%JALA, ROMEO RESCALAR 1,000 0.0001%JALA, ELISEA L. 1,000 0.0001%JAMERO, BERNARDA G. 1,000 0.0001%JAMORA, MILA G. 1,000 0.0001%JAWEL, ESTRELLITO IAN A. 1,000 0.0001%JIMENEZ, DIVINA E. 1,000 0.0001%JIMENEZ, JOSE ARAMIS C. 1,000 0.0001%KARAAN, JR., MOISES C. 1,000 0.0001%KARAAN, SHARON CLAIRE I. 1,000 0.0001%LACEA, EVA E. 1,000 0.0001%LACEA, JOSEPH M. 1,000 0.0001%LACIERDA, JOYCE JAMES C. 1,000 0.0001%LACIERDA, JR., SILVANO C. 1,000 0.0001%LAGAT, EDNA I. 1,000 0.0001%LAGAT, PEDRO L. 1,000 0.0001%

LAPUT, EMILIO C. 1,000 0.0001%LAPUT, EVELYN L. 1,000 0.0001%LASTIMADA, CARMENCITA A. 1,000 0.0001%LASTIMADA, RAUL V. 1,000 0.0001%LAVARES, AMBROSIO TORRES 1,000 0.0001%LENDIO, CESAR B. 1,000 0.0001%LENDIO, SULPICIO A. 1,000 0.0001%LIGAD, MARIA VICTORIA JUSTINIA 1,000 0.0001%LIGAD, VICTORIA J. 1,000 0.0001%LIM, ALBERT A. 1,000 0.0001%LIM, HILDA B. 1,000 0.0001%LIM, SUSANA Q. 1,000 0.0001%LIM, ZEU KALINAO G. 1,000 0.0001%LISONDRA, AMEDEL L. 1,000 0.0001%LOPEZ, JOSE ERWIN M. 1,000 0.0001%LOPEZ, MA. LOURDES N. 1,000 0.0001%LUAGUE, MERCEDITAS C. 1,000 0.0001%LUAGUE, RODOLFO D. 1,000 0.0001%LUMANTAO, ARESTON M. 1,000 0.0001%LUMANTAO, SEVERINO R. 1,000 0.0001%LUMAYAG, GILBERTO MA. R. 1,000 0.0001%LUMAYAG, NELIA B. 1,000 0.0001%LUMBACA, MERLINDA R. 1,000 0.0001%LUMUTHANG, AGNES R. 1,000 0.0001%LUMUTHANG, RODNEY A. 1,000 0.0001%MAAMO, MANUELINO H. 1,000 0.0001%MADERA, LOURDES R. 1,000 0.0001%MAGLAHUS, BARBARA Q. 1,000 0.0001%MAGLAHUS, BERRY CLEE Q. 1,000 0.0001%MAGLAJOS, EVANGELINE M. 1,000 0.0001%MAGLAJOS, REINALDO A. 1,000 0.0001%MANANGAN, OSCAR FERRER 1,000 0.0001%MANIGQUE, DIOMEDES M. 1,000 0.0001%MANIGQUE, NORMA C. 1,000 0.0001%MARA, EDITHA B. 1,000 0.0001%MARA, FERNANDO J. 1,000 0.0001%MARTIN, NORA 1,000 0.0001%MARTINEZ, ERNIE AMADOS 1,000 0.0001%MARTINEZ, ROSITA GALLARDO 1,000 0.0001%MATABALAN, YVETTE BEDE ASUNTO 1,000 0.0001%MATULAC, ROJIE MASACOTE 1,000 0.0001%MAYOR, REMEDIOS NUÑEZ 1,000 0.0001%MEDALLA, GESELLE B. 1,000 0.0001%MEJIAS, CAYETANO B. 1,000 0.0001%

MEJIAS, ENRIQUETA L. 1,000 0.0001%MELENCIO, ANTONIO GUMBA 1,000 0.0001%MELISIMO, ARGEO J. 1,000 0.0001%MELISIMO, TEODISIA G. 1,000 0.0001%MENDOZA, MICHAEL ONA 1,000 0.0001%MERENCILLO, ANGELITA M. 1,000 0.0001%MERENCILLO, LONGINO B. 1,000 0.0001%MONERA, JAN MICHAEL 1,000 0.0001%MONSOD, TERESITA CLEMENTE 1,000 0.0001%MONTAS, HILDEBRANDO MIRABUENOS 1,000 0.0001%MONTEJO, MARIETTA C. 1,000 0.0001%MONTEJO, TADEO C. 1,000 0.0001%MONTILDE, FLORA MADERA 1,000 0.0001%MONTILDE, RONALDO B. 1,000 0.0001%MONTUYA, DOLORES R. 1,000 0.0001%MONTUYA, REY RAFAEL D. 1,000 0.0001%MORGIA, MANUEL D. 1,000 0.0001%MORGIA, SPENCER S. 1,000 0.0001%MUTIA, BENEDICT M. 1,000 0.0001%MUTIA, SUMILA C. 1,000 0.0001%NAMOR, CONCORDIA P. 1,000 0.0001%NAMOR, JOSEPH P. 1,000 0.0001%NINOFRANCO, HERMISA A. 1,000 0.0001%NINOFRANCO, SERGIO B. 1,000 0.0001%NOLLA, JR., AGUSTIN A. 1,000 0.0001%ODARVE, LETICIA B. 1,000 0.0001%ODARVE, APPLE NI¥A B. 1,000 0.0001%OGATES, GEMMA L. 1,000 0.0001%OGATES, REYNALDO B. 1,000 0.0001%OJASTRO, RAMIL C. 1,000 0.0001%OLANO, EDELIZA Q. 1,000 0.0001%OLANO, ROLANDO Q. 1,000 0.0001%OLAVIDES, EVANGELINE M. 1,000 0.0001%OLAVIDES, MELCHOR O. 1,000 0.0001%OMAPAS, EMILIANO 1,000 0.0001%OMAPAS, GEREMIAS T. 1,000 0.0001%ORDIDOR, ALVARO D. 1,000 0.0001%ORDIDOR, GIRLIE G. 1,000 0.0001%ORDIDOR, JUSTINIANA D. 1,000 0.0001%ORDIDOR, MARIBEL D. 1,000 0.0001%ORIMACO, EUFEMIA L. 1,000 0.0001%ORIMACO, MARESIL L. 1,000 0.0001%OROT, MANUEL B. 1,000 0.0001%OROT, MIRNA G. 1,000 0.0001%

ORTIZ, MARLENE M. 1,000 0.0001%PACOT, CARLOS W. 1,000 0.0001%PACOT, MARIA ANNA PIQUERO 1,000 0.0001%PAGA, REMEDIOS ALMOJANO 1,000 0.0001%PAGOBO, GILBERT A. 1,000 0.0001%PAGOBO, MA. LEONORA P. 1,000 0.0001%PALOMARES, JR., JUANITO JERRY 1,000 0.0001%PALOMARES, MICHAELA P. 1,000 0.0001%PAMPLONA, DARIO J. 1,000 0.0001%PAMPLONA, HERMOGENA M. 1,000 0.0001%PAREDES, ORESTE A. 1,000 0.0001%PAREDES, VISITACION U. 1,000 0.0001%PAWAY II, FORTUNATO 1,000 0.0001%PAWAY, NENITA O. 1,000 0.0001%PEGUIT, LOURDES P. 1,000 0.0001%PEGUIT, LYDEE GIE P. 1,000 0.0001%PELIGRO, CONCEPCION O. 1,000 0.0001%PELIGRO, JOSE NELSON B. 1,000 0.0001%PEÑALOSA, MELECIO PINDOS 1,000 0.0001%PIQUERO, MA. LOURDES P. 1,000 0.0001%PIQUERO, VITO V. 1,000 0.0001%PLANDO, DINAH A. 1,000 0.0001%PLANDO, EDDIE 1,000 0.0001%PONDAR, DAHLIA A. 1,000 0.0001%POQUITA, JR., DOMINGO L. 1,000 0.0001%POQUITA, MARNIE L. 1,000 0.0001%PORCIUNCULA, MA. FLORA MAY SEV 1,000 0.0001%QUEZON, CECILIA NIU. 1,000 0.0001%QUEZON, MANUEL M. 1,000 0.0001%QUIACHON, FELIX G. 1,000 0.0001%QUIACHON, VERONICA S. 1,000 0.0001%QUIOKELES, CARMEN R. 1,000 0.0001%QUIOKELES, HAMELITO A. 1,000 0.0001%RAAGAS, CANDELARIA C. 1,000 0.0001%RAAGAS, JOSE FLORENTINO M. 1,000 0.0001%RAAGAS, MA. CORAZON R. 1,000 0.0001%RAAGAS, RALPH U. 1,000 0.0001%RAMO, CONCEPCION U. 1,000 0.0001%RANIN, MA. MARVE N. 1,000 0.0001%RAYMUNDO, HILARIO HILIS 1,000 0.0001%RAYOS, BENJAMIN ANCHA 1,000 0.0001%REDILLAS, ABELIA G. 1,000 0.0001%REDILLAS, SOFRONIO D. 1,000 0.0001%REGIS, ROCELYN T. 1,000 0.0001%

REGIS, RUSTOM G. 1,000 0.0001%REGNER, EDILTRUDES R. 1,000 0.0001%REMPILLO, LORILAND ARCOS 1,000 0.0001%REMULTA, CRISOLOGO L. 1,000 0.0001%REMULTA, LINA R. 1,000 0.0001%RESTIFICAR, MYRMA MINESES 1,000 0.0001%REYES, JR., FELICULO A. 1,000 0.0001%REYES, LUCILA M. 1,000 0.0001%REYNES, PIER F. 1,000 0.0001%RIN, ALLAN MESA 1,000 0.0001%ROSELLOSA, BENJAMIN L. 1,000 0.0001%ROSELLOSA, JUNE CAESAR 1,000 0.0001%RUBIN, MARIA CECILIA M. 1,000 0.0001%RUBIN, MARIA CHONA M. 1,000 0.0001%RUIZ, CIRINA ALMEDILLA 1,000 0.0001%RUIZ, JESSE FELIAS 1,000 0.0001%RUSIANA, JACINTA T. 1,000 0.0001%RUSIANA, JOSE BRENDAN D. 1,000 0.0001%SALAAN, EDWIN N. 1,000 0.0001%SALAAN, JULIO N. 1,000 0.0001%SALAMAT, JUANITA P. 1,000 0.0001%SALAMAT, NESTOR C. 1,000 0.0001%SALCES, ARNELL H. 1,000 0.0001%SALCES, DONALD H. 1,000 0.0001%SALIGUMBA, BENIGNA P. 1,000 0.0001%SALIGUMBA, CALIXTO L. 1,000 0.0001%SALOMA, JOSEPH A. 1,000 0.0001%SALOMA, JULIETA N. 1,000 0.0001%SANDULAN, RODULFO DANO 1,000 0.0001%SANDULAN, SATURNINA DAYO 1,000 0.0001%SAQUIAN III, FELIPE 1,000 0.0001%SAQUIAN, MARLYN P. 1,000 0.0001%SARABIA, SERENO S. 1,000 0.0001%SARABIA, TRINIDAD D. 1,000 0.0001%SARIGUMBA, LEONECITO N. 1,000 0.0001%SARIGUMBA, MARIA LILI CLOTILDE 1,000 0.0001%SAYON, DANTE D. 1,000 0.0001%SAYON, JASMIN C. CUA 1,000 0.0001%SENDRIJAS, JUANITA P. 1,000 0.0001%SENDRIJAS, REDEMPTA P. 1,000 0.0001%SIASON, ABSALON FONTELO 1,000 0.0001%SIASON, REGINA CORDOVA 1,000 0.0001%SIGLOS, CHANDA U. 1,000 0.0001%SIGLOS, RAMIL E. 1,000 0.0001%

SULLANO, FELIX M. 1,000 0.0001%SULLANO, GREGORIA D. 1,000 0.0001%SULLANO, PONCIANA B. 1,000 0.0001%SULLANO, SABINO B. 1,000 0.0001%SURIC, NICEFORO P. 1,000 0.0001%SURIC, VICTORIA E. 1,000 0.0001%TABARES, MARY JOCELYN T. 1,000 0.0001%TABARES, NOOH F. 1,000 0.0001%TABIGUE, JR., OLIVER GARCIA 1,000 0.0001%TABIGUE, MYRLINDA BRAVO 1,000 0.0001%TAEZA, NIÑA ANGELICA SABINIANO 1,000 0.0001%TAGAAN, GINA PERIGRINA B. 1,000 0.0001%TAGAAN, ROMULO L. 1,000 0.0001%TAGHOY, ANGELICA A. 1,000 0.0001%TAGHOY, TERESITA A. 1,000 0.0001%TAJANLANGIT, FELIPE O. 1,000 0.0001%TAJANLANGIT, TERESITA C. 1,000 0.0001%TALAN, MARY BETH V. 1,000 0.0001%TALAN, TEDDY M. 1,000 0.0001%TALINGTING, JR, ALFREDO G. 1,000 0.0001%TAMBIS, LUZ 1,000 0.0001%TAMBIS, VICTOR L. 1,000 0.0001%TAMPUS, EVELYN E. 1,000 0.0001%TANCAWAN, CEFERINA C. 1,000 0.0001%TANGCAWAN, MELCHOR B. 1,000 0.0001%TANGGAWAN, MICHELLE C. 1,000 0.0001%TARE, ISAIAS G. 1,000 0.0001%TARE, JULITA H. 1,000 0.0001%TE, ALFREDO TAN 1,000 0.0001%TE, JEFFREY LIM 1,000 0.0001%TE, MARK PHILIP LIM 1,000 0.0001%TE, MICHAEL LIM 1,000 0.0001%TE, PLACIDO TAN 1,000 0.0001%TE, ROBINSON LIM 1,000 0.0001%TOLENTINO, ELADIO L. 1,000 0.0001%TOLENTINO, MA. DEBE G. 1,000 0.0001%TOLORES, DANILO LABACLADO 1,000 0.0001%TORCULAS, ANICETA G. 1,000 0.0001%TORCULAS, EDISIO A. 1,000 0.0001%TORERO, CONCEPCION P. 1,000 0.0001%TORERO, GENARO R. 1,000 0.0001%TORRECAMPO, BERNARDO L. 1,000 0.0001%TORRECAMPO, RODILLA L. 1,000 0.0001%TORREFALMA, JENNIFER A. 1,000 0.0001%

TORREGOSA, CHARITY LAO 1,000 0.0001%TORREGOSA, ERMELANDO P. 1,000 0.0001%TORREGOSA, ESMERALDA C. 1,000 0.0001%TORREGOSA, HOPE LAO 1,000 0.0001%TORREGOSA, JR., ISMAEL J. 1,000 0.0001%TORREGOSA, KARLO DONDEE LAO 1,000 0.0001%TORREGOSA, NINA LAO 1,000 0.0001%TORREGOSA,ADORACION L. 1,000 0.0001%TORRELLA, JEAN BRIZUELA 1,000 0.0001%TORREON, LORELIE D. 1,000 0.0001%TORREON,CATALINA D. 1,000 0.0001%UMADAC, ENRIQUITA B. 1,000 0.0001%UMADAC, ROBERT M. 1,000 0.0001%UMALICRUZ, ANALIZA A. 1,000 0.0001%VALEROSO, GINALYN D. 1,000 0.0001%VALLECERA, MARICEL Y. 1,000 0.0001%VELOSO, LOURDES BERNARDITA F. 1,000 0.0001%VELOSO, MARIA FE F. 1,000 0.0001%VILLARIN, GIL T. 1,000 0.0001%VILLARIN, ROCELYN M. 1,000 0.0001%VILLAS, ARTEMIO C. 1,000 0.0001%VILLAS, HERMILINDA S. 1,000 0.0001%ZABALA, RENERIA O. 1,000 0.0001%ZABALA, RENERIA O. 1,000 0.0001%ZAMORA, JOSEFINA PECOLADOS 1,000 0.0001%ZAMORA, RAYMOND L. 1,000 0.0001%

45 BELO, ENRIQUE M. 50 0.0000%DEEN, DANILO R. 50 0.0000%LIM CHAN LOK 50 0.0000%

46 CHIANG SUNG 20 0.0000%47 SY, RAMON Y. 2 0.0000%

WONG FONG FUI 2 0.0000%YEO KER KUANG 2 0.0000%

48 DE OCAMPO, ROBERTO F. 1 0.0000%GO, AUGUSTO W. 1 0.0000%TONG WENG LEONG 1 0.0000%VILLAREAL, DENNIS T. 1 0.0000%

30-JUN-2004 03-JUL-2004 11:57 PHIL. CENTRAL DEPOSITORY, INC. Page 1 eq_qebensec_r.sql/01 EQ Beneficial Owner Report by Security for 30-JUN-2004 11:57 Security : SPC Salcon Power Corporation Member Member Name and Address Resident Sub-Account Name Units B102AC Abacus Securities Corporation Y HOUSE 60,000 Unit 2904-A East Tower, PSE Centre Exchange Road, Ortigas Center Pasig City 1600 --------------- Total 60,000 B103AC ACCORD CAPITAL EQUITIES CORPORATION Y HOUSE 20,000 Unit 1101 Orient Square Building Emerald Avenue Ortigas Center Pasig City 1600 --------------- Total 20,000 B109AC BA Securities, Inc. Y HOUSE 5,000 Rm 401-403 CLMC Bldg, 256-259 EDSA Greenhills Mandaluyong City 1550 --------------- Total 5,000 B111AC Ansaldo, Godinez & Co., Inc. Y HOUSE 60,000 340 Nueva St., Binondo Manila 1006 --------------- Total 60,000 B112AC AB CAPITAL SECURITIES, INC. Y HOUSE 151,000 5/F Phinma Plaza 39 Plaza Drive, Rockwell Center Makati City 1200 --------------- Total 151,000

30-JUN-2004 03-JUL-2004 11:57 PHIL. CENTRAL DEPOSITORY, INC. Page 2 eq_qebensec_r.sql/01 EQ Beneficial Owner Report by Security for 30-JUN-2004 11:57 Security : SPC Salcon Power Corporation Member Member Name and Address Resident Sub-Account Name Units B115AC SB Equities, Inc. Y HOUSE 5,000 18/F, Security Bank Centre 6776 Ayala Avenue, Makati City 1226 --------------- Total 5,000 B121AC ING Securities (Phils.), Inc. Y LOCAL - 001 43,198,800 20/F Ayala Tower I, Ayala Ave. Cor. Paseo de Roxas, Makati City 1226 --------------- Total 43,198,800 B122AC Belson Securities, Inc. Y HOUSE 44,010,500 4th Floor Belson House 271 Edsa, Mandaluyong City 1554 --------------- Total 44,010,500 B126AC BPI Securities Corporation Y HOUSE 118,000 8/F BPI Head Office Bldg., Ayala Ave.,cor.Paseo de Roxas Makati City 1226 --------------- Total 118,000 B126FC BPI Securities Corporation Y HOUSE 13,000 8/F BPI Head Office Bldg., Ayala Ave.,cor.Paseo de Roxas Makati City 1226 --------------- Total 13,000

30-JUN-2004 03-JUL-2004 11:57 PHIL. CENTRAL DEPOSITORY, INC. Page 3 eq_qebensec_r.sql/01 EQ Beneficial Owner Report by Security for 30-JUN-2004 11:57 Security : SPC Salcon Power Corporation Member Member Name and Address Resident Sub-Account Name Units B128AC Campos, Lanuza & Company, Inc. Y HOUSE 577,000 Unit 2003B East Tower, PSE Center Exchange Road, Ortigas Center Pasig City 1605 --------------- Total 577,000 B129AC Sincere Securities Corporation Y HOUSE 245,000 1203-A East Tower, PSE Centre, Exchange Road, Ortigas Center, Pasig City 0 --------------- Total 245,000 B131AC PCIB Securities, Inc. Y HOUSE 22,000 8/F PCIB Tower 2, Dela Costa St., Makati City 1002 --------------- Total 22,000 B133AC CITISECURITIES, INC. Y HOUSE 5,000 Rm. 2701-B Tektite Tower Center Exchange Rd, Pasig City 1600 --------------- Total 5,000 B140AC IGC Securities INC. Y HOUSE 22,000 Suite 1006, Tower I & Exchange Plaza Ayala Triangle, Ayala Avenue Makati City 1200 --------------- Total 22,000 B143AC DAVID GO SECURITIES CORP. Y HOUSE 50,000 Rm. 309 Federation Center Bldg. Muelle de Binondo, Binondo, Manila

30-JUN-2004 03-JUL-2004 11:57 PHIL. CENTRAL DEPOSITORY, INC. Page 4 eq_qebensec_r.sql/01 EQ Beneficial Owner Report by Security for 30-JUN-2004 11:57 Security : SPC Salcon Power Corporation Member Member Name and Address Resident Sub-Account Name Units 1006 B143AC DAVID GO SECURITIES CORP. --------------- Rm. 309 Federation Center Bldg. Muelle de Binondo, Binondo, Manila 1006 Total 50,000 B147AC E. CHUA CHIACO SECURITIES, INC. Y HOUSE 704,000 113 Renta St., Binondo, Manila 1006 --------------- Total 704,000 B154AC Evergreen Stock Brokerage & Sec., Inc. Y HOUSE 343,000 Rm. 606 Ayala Tower I Ayala Triangle, Ayala Ave. Makati City 1200 --------------- Total 343,000 B167AC Aurora Securities, Inc. Y HOUSE 51,000 Rm. 1504, Horizon Condominium Meralco Ave., Ortigas Center Pasig City 1600 --------------- Total 51,000 B168AC Globalinks Securities & Stocks, Inc. Y HOUSE 120,000 # 706 Ayala Tower One Ayala Avenue Cor. Paseo de Roxas St. Makati City 1226 --------------- Total 120,000 B168AP Globalinks Securities & Stocks, Inc. Y HOUSE 200,000

30-JUN-2004 03-JUL-2004 11:57 PHIL. CENTRAL DEPOSITORY, INC. Page 5 eq_qebensec_r.sql/01 EQ Beneficial Owner Report by Security for 30-JUN-2004 11:57 Security : SPC Salcon Power Corporation Member Member Name and Address Resident Sub-Account Name Units # 706 Ayala Tower One Ayala Avenue Cor. Paseo de Roxas St. Makati City 1226 B168AP Globalinks Securities & Stocks, Inc. --------------- # 706 Ayala Tower One Ayala Avenue Cor. Paseo de Roxas St. Makati City 1226 Total 200,000 B170AC GOLDSTAR SECURITIES, INC. Y HOUSE 206,000 2201-B East Tower, PSE Centre Exchange Rd, Ortigas Center Pasig City 1600 --------------- Total 206,000 B180AC I. B. GIMENEZ SECURITIES, INC. Y HOUSE 456,000 2703A East Tower PSE Centre Exchange Road, Ortigas Centre, Pasig City 1600 --------------- Total 456,000 B181AC INVESTORS SECURITIES, INC. Y HOUSE 462,000 Unit 604-605 Tower One & Exchange Plaza Ayala Triangle, Ayala Ave. cor Paseo de Roxas Makati City 1200 --------------- Total 462,000 B183AC INTRA-INVEST SECURITIES, INC. Y HOUSE 10,000 11/F ACT Tower, 135 Sen. Gil Puyat Ave., Salcedo Vill., Makati City 1200

30-JUN-2004 03-JUL-2004 11:57 PHIL. CENTRAL DEPOSITORY, INC. Page 6 eq_qebensec_r.sql/01 EQ Beneficial Owner Report by Security for 30-JUN-2004 11:57 Security : SPC Salcon Power Corporation Member Member Name and Address Resident Sub-Account Name Units B183AC INTRA-INVEST SECURITIES, INC. --------------- 11/F ACT Tower, 135 Sen. Gil Puyat Ave., Salcedo Vill., Makati City 1200 Total 10,000 B187AC ASIAN CAPITAL EQUITIES, INC. Y HOUSE 82,000 6/F Tower 1 & Exchange Plaza Ayala Ave., cor Paseo de Roxas, Makati City 1226 --------------- Total 82,000 B188AC J.M. Barcelon & Co., Inc. Y HOUSE 48,000 #34 Casa Nueva Townhomes, Manga Road, corner Balite Drive, New Manila, Quezon City 1100 --------------- Total 48,000 B192AC Strategic Equities Corp. Y HOUSE 134,000 Unit 610-611 PSE Plaza, Tower I, Ayala Triangle, Ayala Ave., Makati City 1226 --------------- Total 134,000 B198AC Lucky Securities, Inc. Y HOUSE 10,000 Unit 1402-B PSE Center Exchange Road, Ortigas Center Pasig City 1600 --------------- Total 10,000 B200AC Mandarin Securities Corporation Y HOUSE 200,000

30-JUN-2004 03-JUL-2004 11:57 PHIL. CENTRAL DEPOSITORY, INC. Page 7 eq_qebensec_r.sql/01 EQ Beneficial Owner Report by Security for 30-JUN-2004 11:57 Security : SPC Salcon Power Corporation Member Member Name and Address Resident Sub-Account Name Units 28/F LKG Tower 6801 Ayala Ave. Makati City 1200 B200AC Mandarin Securities Corporation --------------- 28/F LKG Tower 6801 Ayala Ave. Makati City 1200 Total 200,000 B208AC MDR Securities, Inc. Y HOUSE 30,000 Unit 1806, 8/F Medical Plaza Ortigas Bldg., Pasig City 1226 --------------- Total 30,000 B211AC New World Securities Co., Inc. Y HOUSE 151,000 Rm. 202 Fil-Am Resources Bldg. 231 Juan Luna St. Binondo, Manila 1006 --------------- Total 151,000 B215AC Optimum Securities Corporation Y HOUSE 10,000 No. 11 E. O. Bldg., United St. cor. 2nd St. Bo. Kapitolyo, Pasig City 1650 --------------- Total 10,000 B217AC RCBC Securities, Inc. Y HOUSE 10,000 Unit 1008 Tower I & Exchange Plaza Ayala Avenue, Makati City 1200

30-JUN-2004 03-JUL-2004 11:57 PHIL. CENTRAL DEPOSITORY, INC. Page 8 eq_qebensec_r.sql/01 EQ Beneficial Owner Report by Security for 30-JUN-2004 11:57 Security : SPC Salcon Power Corporation Member Member Name and Address Resident Sub-Account Name Units B217AC RCBC Securities, Inc. --------------- Unit 1008 Tower I & Exchange Plaza Ayala Avenue, Makati City 1200 Total 10,000 B219AC Papa Securities Corporation Y HOUSE 50,000 6/F, S & L Building Dela Rosa cor. Esteban Sts. Legaspi Village, Makati City 1200 --------------- Total 50,000 B220AC ATR Securities, Inc. Y HOUSE 401,066,532 17/F Tower One & Exchange Plaza, Ayala Triangle, Ayala Avenue Makati City 1226 --------------- Total 401,066,532 B220FC ATR Securities, Inc. Y HOUSE 6,243,000 17/F Tower One & Exchange Plaza, Ayala Triangle, Ayala Avenue Makati City 1226 --------------- Total 6,243,000 B225AC PREMIUM SECURITIES, INC. Y HOUSE 1,490,000 Unit 1415, Tower 1 & Exchange Plaza Ayala Avenue cor. Paseo de Roxas Makati City 1259 --------------- Total 1,490,000

30-JUN-2004 03-JUL-2004 11:57 PHIL. CENTRAL DEPOSITORY, INC. Page 9 eq_qebensec_r.sql/01 EQ Beneficial Owner Report by Security for 30-JUN-2004 11:57 Security : SPC Salcon Power Corporation Member Member Name and Address Resident Sub-Account Name Units B230AC QUALITY INVESTMENTS & SECURITIES CORPORATION Y HOUSE 3,000 Suite 1602 Tytana Plaza Oriente St, Binondo Manila 1006 --------------- Total 3,000 B233AC R. Coyiuto Securities, Inc. Y HOUSE 10,000 Penthouse, Prince Building, 117 Rada Street, Legaspi Vill., Makati City 0 --------------- Total 10,000 B235AC REGINA CAPITAL DEVELOPMENT CORPORATION Y HOUSE 5,000 Unit 806 Tower 1 & Exchange Plaza Ayala Triangle, Ayala Avenue Makati City 1226 --------------- Total 5,000 B237AC AAA Southeast Equities, Incorporated Y HOUSE 1,000 Ground Floor, Fortune Life Building #162 Legaspi St., Legaspi Village Makati City 1229 --------------- Total 1,000 B239AC RTG & COMPANY, INC. Y HOUSE 49,000 Unit 602 Tower 1 & Exchange Plaza Ayala Triangle, Makati City 1200 --------------- Total 49,000

30-JUN-2004 03-JUL-2004 11:57 PHIL. CENTRAL DEPOSITORY, INC. Page 10 eq_qebensec_r.sql/01 EQ Beneficial Owner Report by Security for 30-JUN-2004 11:57 Security : SPC Salcon Power Corporation Member Member Name and Address Resident Sub-Account Name Units B240AC S.J. Roxas & Co.,Inc. Y HOUSE 142,000 Unit 612 Tower One, Ayala Triangle, Ayala Avenue, Makati City 0 --------------- Total 142,000 B243AC Fidelity Securities, Inc. Y HOUSE 150,000 2103-B PSE Centre, Exchange Road, Ortigas, Pasig City 1600 --------------- Total 150,000 B246AC Summit Securities, Inc. Y HOUSE 11,000 Unit 2102 B/C PSE Center Tektite Tower East Exchange Road, Ortigas Center Pasig City 1600 --------------- Total 11,000 B251AC TANSENGCO & CO., INC. Y HOUSE 65,000 Rm. 208 Padilla de los Reyes Bldg. Juan Luna St., Binondo, Manila 1006 --------------- Total 65,000 B252AC THE FIRST RESOURCES MANAGEMENT & SECURITIES CORP. Y HOUSE 505,000 Rms. 801-802, PSE Tower 1 Ayala Ave., cor. Paseo de Roxas,Ayala Triangle, Makati City 1200 --------------- Total 505,000 B253AC Tower Securities, Inc. Y HOUSE 129,000

30-JUN-2004 03-JUL-2004 11:57 PHIL. CENTRAL DEPOSITORY, INC. Page 11 eq_qebensec_r.sql/01 EQ Beneficial Owner Report by Security for 30-JUN-2004 11:57 Security : SPC Salcon Power Corporation Member Member Name and Address Resident Sub-Account Name Units 1802-C Tektite Tower I Exchange Road, Ortigas Centre Pasig City 1600 B253AC Tower Securities, Inc. --------------- 1802-C Tektite Tower I Exchange Road, Ortigas Centre Pasig City 1600 Total 129,000 B266AC Vicsal Securities & Stock Brokerage,Inc. Y HOUSE 550,000 658 C. Palanca St., Quiapo,Manila 1001 --------------- Total 550,000 B267AC FIRST METRO SECURITIES BROKERAGE CORPORATION Y HOUSE 2,000 Unit 1515, 15/F Ayala Tower One Ayala Triangle, Ayala Ave. cor Paseo de Roxas Makati City 1226 --------------- Total 2,000 B269AC Wealth Securities, Inc. Y HOUSE 42,000 2103 PSE Centre, Exchange Road Ortigas Centre, Pasig City 1600 --------------- Total 42,000 B270AC Westlink Global Equities, Inc. Y HOUSE 50,000 6/F Philippine Stock Exchange Plaza Ayala Avenue, Makati City 1200 ---------------

30-JUN-2004 03-JUL-2004 11:57 PHIL. CENTRAL DEPOSITORY, INC. Page 12 eq_qebensec_r.sql/01 EQ Beneficial Owner Report by Security for 30-JUN-2004 11:57 Security : SPC Salcon Power Corporation Member Member Name and Address Resident Sub-Account Name Units B270AC Westlink Global Equities, Inc. Total 50,000 6/F Philippine Stock Exchange Plaza Ayala Avenue, Makati City 1200 B275AC Yao & Zialcita, Inc. Y HOUSE 1,000,000 Yao Bldg., 577 A. Bonifacio Drive, Port Area,Manila 1018 --------------- Total 1,000,000 B278AC Yu & Company, Inc. Y HOUSE 10,000 Unit E 1606-B Tektite Tower 1 Exhange Road, Ortigas Center Pasig City 1600 --------------- Total 10,000 B283AC Eagle Equities, Inc. Y HOUSE 258,000 179 Kaimito St. Valle Verde II, Pasig City 1600 --------------- Total 258,000 B286AC SOLAR SECURITIES, INC. Y HOUSE 260,000 Unit 3002-A East Tower, Phil. Stock Exchange Centre, Exchange Road, Ortigas Complex, Pasig City 1605 --------------- Total 260,000 B288AC G.D. TAN & COMPANY, INC. Y HOUSE 348,000 Unit 2203-A East Tower, PSE Center Exchange Road, Ortigas Center, Pasig City 1600

30-JUN-2004 03-JUL-2004 11:57 PHIL. CENTRAL DEPOSITORY, INC. Page 13 eq_qebensec_r.sql/01 EQ Beneficial Owner Report by Security for 30-JUN-2004 11:57 Security : SPC Salcon Power Corporation Member Member Name and Address Resident Sub-Account Name Units B288AC G.D. TAN & COMPANY, INC. --------------- Unit 2203-A East Tower, PSE Center Exchange Road, Ortigas Center, Pasig City 1600 Total 348,000 =============== Grand Total 504,228,832

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