Manuel V. Pangilinan

Executive Chairman First Pacific Company Limited President & CEO Philippine Long Distance Telephone Company

Born in the Philippines in July 1946, Mr Pangilinan graduated cum laude from the Ateneo de Manila University, the Philippines, with a Bachelor of Arts degree in Economics. He received his MBA degree in 1968 from the Wharton School of Finance and Commerce at the University of Pennsylvania, where he was a Procter & Gamble Fellow.

After graduating from Wharton, he worked in Manila for Philippine Investment Management Consultants Inc. (the PHINMA Group) and in Hong Kong with Bancom International Limited and American Express Bank.

Mr Pangilinan founded First Pacific in 1981 and served as Managing Director until 1999, when

he was appointed Executive Chairman. Within the First Pacific Group, he holds the positions of Chairman of FPB Bank Holdings Company Limited and First Pacific Davies Holdings Limited in Hong Kong; and of Metro Pacific Corporation, Smart Communications, Inc. and Fort Bonifacio Development Corporation in the Philippines.

In November 1998, following First Pacific's acquisition of a significant stake in PLDT, he was named as the Company's President & CEO. He also serves as Vice Chairman of Berli Jucker Public Company Limited in Thailand.

Outside the First Pacific Group, he is a member of Bankers Trust's Asian Advisory Board, a member of the Board of Overseers of The Wharton School in the United States, and is a trustee of Ateneo de Manila University and San Beda College in the Philippines. He also serves as Chairman of the Hong Kong Bayanihan Trust, which provides vocational, social and cultural activities for Hong Kong's foreign domestic helpers.