April 15, 2009 Ms. Justina F. Callangan Director, Corporate Finance Department Securities & Exchange Commission EDSA, Greenhills Mandaluyong City Atty. Pete M. Malabanan Head, Disclosure Department Philippine Stock Exchange PSE Center, Exchange Road Ortigas, Pasig City Madam/Sir: Pursuant to the rules, we would like to submit herein the report of our stock transfer agent on the Top 100 Stockholders of our company in relation to the detailed report submitted and obtained from the Philippine Depository Trust Corp. (PDTC) Thank you and best regards. Very truly yours, Atty. Socorro Ermac Cabreros Corporate Secretary

rpttopstockholdersold

COMPANY NAME : PHOENIX PETROLEUM PHILS., INC. Page 1 LIST OF TOP 100 STOCKHOLDERS As Of March 31, 2009

OUTSTANDING & OUTSTANDING & TOTAL PERCENTAGE ISSUED SHARES ISSUED SHARES HOLDINGS TO STOCKHOLDER'S NAME (FULLY PAID) (PARTIALLY PAID) (SUBSCRIBED) TOTAL NATIONALITY ADDRESS

PHOENIX PETROLEUM HOLDINGS INC. 102,050,000 0 102,050,000 54.282 FILIPINO STELLA HIZON REYES ROAD, BO. PAMPANGA, LANANG, DAVAO CITY 8000 PCD NOMINEE CORPORATION - (FILIPINO) 44,139,070 0 44,139,070 23.478 FILIPINO 37/F TOWER I, THE ENTERPRISE CENTER, 6766 AYALA AVE., COR PASEO DE ROXAS UDENNA CORPORATION (FORMERLY: UDENNA 25,674,993 0 25,674,993 13.657 FILIPINO STELLA HIZON REYES ROAD, BO. PAMPANGA, HOLDINGS CORPORATION) LANANG, DAVAO CITY 8000 UDENNA MANAGEMENT & RESOURCES CORP. 6,500,000 0 6,500,000 3.457 FILIPINO STELLA HIZON REYES ROAD, BO. PAMPANGA, LANANG, DAVAO CITY 8000 PCD NOMINEE CORPORATION - 5,764,070 0 5,764,070 3.066 OTHERS 37/F TOWER I, THE ENTERPRISE CENTER 6766 (NON-FILIPINO) AYALA AVE. COR. PASEO DE ROXAS, PAUL GERARD B. DEL ROSARIO 2,276,560 0 2,276,560 1.211 FILIPINO RM. 306 CITY TOWERS COND. 810 AURORA BLVD. Q.C. 1100 DENNIS A. UY 803,400 0 803,400 0.427 FILIPINO PENTHOUSE B, VALERO TOWER, 122 VALERO ST., SALCEDO VILLAGE, UDENCO CORPORATION 324,999 0 324,999 0.173 FILIPINO STELLA HIZON REYES ROAD BO. PAMPANGA, LANANG DENNIS A. UY &/OR CHERYLYN C. UY 221,000 0 221,000 0.118 FILIPINO PHOENIX BULK DEPOT LANANG, DAVAO CITY 8000 DOMINGO T. UY 130,001 0 130,001 0.069 FILIPINO MISAMIS ST. INSULAR VILLAGE, PHASE II LANANG, DAVAO CITY 8000 EDGARDO ALVARADO ALERTA 26,000 0 26,000 0.014 FILIPINO 1037-I ARELLANO EXT., DAVAO CITY 8000 ORLANDO LANSANGAN 26,000 0 26,000 0.014 FILIPINO BLOCK 8, LOT 1 VS HOMES SUBDIVISION GENERAL SANTOS CITY 9500 LEO M. BERNALDEZ 10,400 0 10,400 0.006 FILIPINO C/O PAG-IBIG FUND INVESTMENT DEPT RM 407 4/F ATRIUM BLDG. MAKATI AVE. MAKATI 1200 ROQUE A. LIM 7,800 0 7,800 0.004 FILIPINO SM BLDG. D, MOA COMPLEX, PASAY CITY SOCORRO ERMAC CABREROS 6,501 0 6,501 0.003 FILIPINO 223 V. MAPA ST. DAVAO CITY 8000 ALBERTO D. ALCID 6,500 0 6,500 0.003 FILIPINO DONA SOCORRO ST. BELISARIO HTS. SUBD. LANANG, DAVAO CITY 8000 REBECCA PILAR CLARIDAD CATERIO 6,500 0 6,500 0.003 FILIPINO 65 WEST SQUARE ST. MARGARITA VILLAGE BAJADA, DAVAO CITY 8000 STEPHEN T. TEO &/OR TERESITA R. TEO 6,500 0 6,500 0.003 FILIPINO 23 DJAKARTA STREET, BF HOMES PARANAQUE CITY ROMEO B. MOLANO 5,600 0 5,600 0.003 FILIPINO 7/F QUAD PLAZA CENTRUM, 125 PIONEER ST. MANDALUYONG CITY 1550 BERNARDITA P. BAUTISTA 5,200 0 5,200 0.003 FILIPINO 2 PALMA ST., XAVIERVILLE I QUEZON CITY 1108 LEOPOLDO B. BUGAL 2,600 0 2,600 0.001 FILIPINO 41 MIRAGE ST. VILLAGE EAST EXEC. HOMES CAINTA, RIZAL 1900 MERCEDES PATRICIA D. PARDO 2,600 0 2,600 0.001 FILIPINO 40 POLK ST., NORTH GREENHILLS SAN JUAN, METRO MANILA 1503 DULCE MARIA S. OLIVA 1,300 0 1,300 0.001 FILIPINO 81 K-10TH STREET, EAST KAMIAS Q.C. 1102 ELNORA N. TURNER 1,300 0 1,300 0.001 FILIPINO 7746-E J.B. ROXAS ST. MAKATI CITY 1206 PHILIP TURNER 1,300 0 1,300 0.001 BRITISH 7746-E J.B. ROXAS ST. MAKATI CITY 1206 J.V. EMMANUEL A. DE DIOS 1 0 1 0.000 FILIPINO 95 A. MELCHOR ST. LOYOLA HEIGHTS QUEZON CITY 1108 MONICO V. JACOB 1 0 1 0.000 FILIPINO C/O PHOENIX PETROLEUM PHILS., INC. PHOENIX BULK DEPOT LANANG 8000 RICARDO S. PASCUA 1 0 1 0.000 FILIPINO 16 SOLAR ST. BEL-AIR III, MAKATI CITY 1209 JOSE MANUEL R. QUIMSON 1 0 1 0.000 FILIPINO 28 OSMENA ST. XAVIERVILLE III LOYOLA HEIGHTS, QUEZON CITY 1108

GRAND TOTAL 188,000,198 0 188,000,198

Certified true and correct:

Page 1

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 1 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B101AC A & A Securities, Inc. Y HOUSE 685,300 Rm. 1906 Ayala Ave. Condominium 6776 Ayala Ave., Makati City 1200 --------------- Total 685,300 B102AC Abacus Securities Corporation Y HOUSE 1,448,200 Unit 2904-A East Tower, PSE Centre Exchange Road, Ortigas Center Pasig City 1600 --------------- Total 1,448,200 B102AP Abacus Securities Corporation Y HOUSE 1,960 Unit 2904-A East Tower, PSE Centre Exchange Road, Ortigas Center Pasig City 1600 --------------- Total 1,960 B103AC ACCORD CAPITAL EQUITIES CORPORATION Y HOUSE 590,570 Unit 1101 Orient Square Building Emerald Avenue Ortigas Center Pasig City 1600 --------------- Total 590,570 B103AP ACCORD CAPITAL EQUITIES CORPORATION Y HOUSE 104,390 Unit 1101 Orient Square Building Emerald Avenue Ortigas Center, Pasig City 1600 --------------- Total 104,390

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 2 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B103FC ACCORD CAPITAL EQUITIES CORPORATION Y HOUSE 167,300 Unit 1101 Orient Square Building Emerald Avenue Ortigas Center, Pasig City 1600 --------------- Total 167,300 B106AC ALPHA SECURITIES CORP, Y HOUSE 271,700 UNIT 2305, 23/F THE ORIENT SQUARE BLDG. F. ORTIGAS ST.(FORMERLY EMERALD AVE) ORTIGAS CENTER, PASIG CITY 1200 --------------- Total 271,700 B109AC BA Securities, Inc. Y FREE 256,720 Rm 401-403 CLMC Bldg, 256-259 EDSA Greenhills Mandaluyong City 1550 --------------- Total 256,720 B110AC Angping & Associates Securities, Inc. Y HOUSE 2,239,830 Suites 2002/2004, The Peak, 107 Alfaro St., Salcedo Village, Makati City 1227 --------------- Total 2,239,830 B111AC Ansaldo, Godinez & Co., Inc. Y HOUSE 65,000 340 Nueva St., Binondo Manila 1006 --------------- Total 65,000

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 3 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B112AC AB CAPITAL SECURITIES, INC. Y HOUSE 1,000 5/F Phinma Plaza 39 Plaza Drive, Rockwell Center Makati City 1200 Y FREE 643,400 --------------- Total 644,400 B112AP AB CAPITAL SECURITIES, INC. Y FREE 300 5/F Phinma Plaza 39 Plaza Drive, Rockwell Center Makati City 1200 --------------- Total 300 B113AC Sarangani Securities, Inc. Y HOUSE 13,000 5/F APMC Building 136 Amorsolo St., Legaspi Village, Makati City 1229 --------------- Total 13,000 B115AC SB Equities, Inc. Y HOUSE 856,529 18/F, Security Bank Centre 6776 Ayala Avenue, Makati City 1226 --------------- Total 856,529 B116AC Asia Pacific Capital Equities & Securities Corporation Y HOUSE 68,900 24/F Galleria Corporate Center EDSA corner Ortigas Avenue, Pasig City 1605 --------------- Total 68,900

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 4 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B118AC Asiasec Equities, Inc. Y HOUSE 7,800 7/F Diners Club Center, 114 Valero St., Salcedo Village, Makati City 1227 --------------- Total 7,800 B119AC Astra Securities Corporation Y HOUSE 208,000 Units 1204-1205 Ayala Tower One Ayala Ave. cor. Paseo de Roxas Makati City 1200 --------------- Total 208,000 B122AC Belson Securities, Inc. Y HOUSE 335,400 4th Floor Belson House 271 Edsa, Mandaluyong City 1554 --------------- Total 335,400 B123AC Benjamin Co Ca & Co., Inc. Y HOUSE 299,400 Rm. 301 Downtown Ctr Bldg., 516 Quintin Paredes St., Binondo, Manila 1006 --------------- Total 299,400 B124AC B. H. Chua Securities Corporation Y HOUSE 774,540 872 G. Araneta Avenue, Quezon City 1135 --------------- Total 774,540 B125AC Jaka Securities Corporation Y HOUSE 95,600 Unit 814, Ayala Tower I Ayala Ave., Makati City 1226

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 5 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B125AC Jaka Securities Corporation --------------- Unit 814, Ayala Tower I Ayala Ave., Makati City 1226 Total 95,600 B126AC BPI Securities Corporation Y HOUSE 1,686,500 8/F BPI Head Office Bldg., Ayala Ave.,cor.Paseo de Roxas Makati City 1226 --------------- Total 1,686,500 B126FC BPI Securities Corporation Y HOUSE 11,700 8/F BPI Head Office Bldg., Ayala Ave.,cor.Paseo de Roxas Makati City 1226 --------------- Total 11,700 B128AC Campos, Lanuza & Company, Inc. Y HOUSE 22,100 Unit 2003B East Tower, PSE Center Exchange Road, Ortigas Center Pasig City 1605 --------------- Total 22,100 B128FC Campos, Lanuza & Company, Inc. Y HOUSE 2,600 Unit 2003B East Tower, PSE Center Exchange Road, Ortigas Center Pasig City 1605 --------------- Total 2,600

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 6 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B129AC Sincere Securities Corporation Y HOUSE 197,800 1203-A East Tower, PSE Centre, Exchange Road, Ortigas Center, Pasig City 0 --------------- Total 197,800 B130AC Century Securities Corporation Y HOUSE 35,100 1105 Galleria Corporate Center Ortigas Ave., Quezon City 1600 --------------- Total 35,100 B131AC PCIB Securities, Inc. Y HOUSE 85,100 8/F PCIB Tower 2, Dela Costa St., Makati City 1002 Y FREE 5,000 Y PSI FAO PRULI063 13,000 --------------- Total 103,100 B133AC CITISECURITIES, INC. Y HOUSE 13,000 Rm. 2701-B Tektite Tower Center Exchange Rd, Pasig City 1600 --------------- Total 13,000 B133AP CITISECURITIES, INC. Y HOUSE 2,600 Rm. 2701-B Tektite Tower Center Exchange Rd, Pasig City 1600 --------------- Total 2,600 B133FC CITISECURITIES, INC. Y HOUSE 5,200 Rm. 2701-B Tektite Tower Center Exchange Rd, Pasig City

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 7 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units 1600 B133FC CITISECURITIES, INC. --------------- Rm. 2701-B Tektite Tower Center Exchange Rd, Pasig City 1600 Total 5,200 B136AC Triton Securities Corp. Y HOUSE 158,600 26/F LKG Tower, 6801 Ayala Ave. Makati City 0 --------------- Total 158,600 B140AC IGC Securities INC. Y HOUSE 87,300 Suite 1006, Tower I & Exchange Plaza Ayala Triangle, Ayala Avenue Makati City 1200 --------------- Total 87,300 B141AC Cualoping Securities Corporation Y HOUSE 15,600 Suite 1801 Tytana Centre Condominium Plaza Lorenzo Ruiz, Binondo, Manila 1006 --------------- Total 15,600 B143AC DAVID GO SECURITIES CORP. Y HOUSE 10,400 Rm. 309 Federation Center Bldg. Muelle de Binondo, Binondo, Manila 1006 --------------- Total 10,400 B143FC DAVID GO SECURITIES CORP. Y HOUSE 2,600 Rm. 309 Federation Center Bldg.

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 8 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units Muelle de Binondo, Binondo, Manila 1006 B143FC DAVID GO SECURITIES CORP. --------------- Rm. 309 Federation Center Bldg. Muelle de Binondo, Binondo, Manila 1006 Total 2,600 B145AC DIVERSIFIED SECURITIES, INC. Y HOUSE 143,000 5/F PDCP Bank Centre Herrera cor. Alfaro Sts., Salcedo Village, Makati City 1600 Y FREE 29,900 --------------- Total 172,900 B145AP DIVERSIFIED SECURITIES, INC. Y FREE 1,300 5/F PDCP Bank Centre, Herrera cor. Alfaro Sts., Salcedo Village, Makati City 1600 --------------- Total 1,300 B145FC DIVERSIFIED SECURITIES, INC. Y HOUSE 2,600 5/F PDCP Bank Centre Herrera cor. Alfaro Sts., Salcedo Village, Makati City 1600 --------------- Total 2,600 B147AC E. CHUA CHIACO SECURITIES, INC. Y HOUSE 953,200 113 Renta St., Binondo, Manila 1006 --------------- Total 953,200

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 9 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B147FC E. CHUA CHIACO SECURITIES, INC. Y HOUSE 7,800 113 Renta St., Binondo, Manila 1006 --------------- Total 7,800 B149AC East West Capital Corporation Y HOUSE 3,900 2/F U-Bix Building 1331 Angono St., Makati City 1208 --------------- Total 3,900 B150AC EASTERN SECURITIES DEVELOPMENT CORPORATION Y HOUSE 276,900 1701 Tytana Ctr. Bldg, Binondo, Manila 1006 --------------- Total 276,900 B153AC EQUITIWORLD SECURITIES, INC. Y HOUSE 22,100 807-809 Philippine Stock Exchange Ayala Tower 1, Ayala Avenue Makati City 1226 --------------- Total 22,100 B154AC Evergreen Stock Brokerage & Sec., Inc. Y HOUSE 53,900 Rm. 606 Ayala Tower I Ayala Triangle, Ayala Ave. Makati City 1200 --------------- Total 53,900 B157AC FIRST ORIENT SECURITIES, INC. Y HOUSE 2,600

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 10 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units Unit 1201 Ayala Triangle Tower One Ayala Avenue, Makati City 1226 B157AC FIRST ORIENT SECURITIES, INC. --------------- Unit 1201 Ayala Triangle Tower One Ayala Avenue, Makati City 1226 Total 2,600 B159AC First Integrated Capital Securities, Inc. Y HOUSE 13,000 Units 1211-1212 Tower I & Exchange Plaza, Ayala Ave. Cor. Paseo de Roxas, Makati City 1200 --------------- Total 13,000 B161AC FRANCISCO ORTIGAS SECURITIES, INC. Y HOUSE 10,400 10/F Ortigas Building Ortigas Ave, Pasig City 1600 --------------- Total 10,400 B162AC F. Yap Securities, Inc. Y HOUSE 151,630 Unit 2301 PSE Center (East Tower) Exchange Rd., Ortigas Center Pasig City 1603 --------------- Total 151,630 B167AC Aurora Securities, Inc. Y HOUSE 394,500 Rm. 1504, Horizon Condominium Meralco Ave., Ortigas Center Pasig City 1600 ---------------

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 11 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B167AC Aurora Securities, Inc. Total 394,500 Rm. 1504, Horizon Condominium Meralco Ave., Ortigas Center Pasig City 1600 B168AC Globalinks Securities & Stocks, Inc. Y HOUSE 410,970 # 706 Ayala Tower One Ayala Avenue Cor. Paseo de Roxas St. Makati City 1226 --------------- Total 410,970 B168AP Globalinks Securities & Stocks, Inc. Y HOUSE 2,620 # 706 Ayala Tower One Ayala Avenue Cor. Paseo de Roxas St. Makati City 1226 --------------- Total 2,620 B169AC JSG Securities, Inc. Y HOUSE 6,500 4th Floor, A&T Building, 244 Escolta Street, Binondo, Manila 1006 Y PESENGCO 19,500 --------------- Total 26,000 B170AC GOLDSTAR SECURITIES, INC. Y HOUSE 175,350 2201-B East Tower, PSE Centre Exchange Rd, Ortigas Center Pasig City 1600 Y FREE 5,200 --------------- Total 180,550

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 12 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B172AC Guild Securities, Inc. Y HOUSE 16,900 Unit 1215 Tower One & Exchange Plaza Ayala Ave., Makati City 1226 --------------- Total 16,900 B174AC HDI Securities, Inc. Y HOUSE 1,800 11/F, Ayala Tower I, Ayala Ave. Makati City 1226 Y FREE 205,400 --------------- Total 207,200 B174AP HDI Securities, Inc. Y HOUSE 1,300 11/F, Ayala Tower I, Ayala Ave. Makati City 1226 --------------- Total 1,300 B178AC HK SECURITIES, INC. Y HOUSE 1,611 Suite 102 Columbia Tower, Ortigas Ave., Mandaluyong City 1600 --------------- Total 1,611 B179AC I. Ackerman & Co., Inc. Y HOUSE 472,600 Suite 705, Tower I Bldg. PSE Plaza, Ayala Triangle Ayala Ave., Makati City 1226 --------------- Total 472,600 B179FC I. Ackerman & Co., Inc. Y HOUSE 20,000 Suite 705, Tower I Bldg.

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 13 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units PSE Plaza, Ayala Triangle Ayala Ave., Makati City 1226 B179FC I. Ackerman & Co., Inc. --------------- Suite 705, Tower I Bldg. PSE Plaza, Ayala Triangle Ayala Ave., Makati City 1226 Total 20,000 B180AC I. B. GIMENEZ SECURITIES, INC. Y HOUSE 28,080 2703A East Tower PSE Centre Exchange Road, Ortigas Centre, Pasig City 1600 --------------- Total 28,080 B181AC INVESTORS SECURITIES, INC. Y HOUSE 137,150 Unit 604-605 Tower One & Exchange Plaza Ayala Triangle, Ayala Ave. cor Paseo de Roxas Makati City 1200 --------------- Total 137,150 B182AC Imperial, De Guzman, Abalos & Co.,Inc. Y HOUSE 22,800 Greenfield Bldg.I 750 Shaw Blvd. Mandaluyong City 1552 --------------- Total 22,800 B182AP Imperial,De Guzman,Abalos & Co., Inc. Y HOUSE 33,800 Greenfield Bldg.I 750 Shaw Blvd. Mandaluyong City 1552

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 14 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B182AP Imperial,De Guzman,Abalos & Co., Inc. --------------- Greenfield Bldg.I 750 Shaw Blvd. Mandaluyong City 1552 Total 33,800 B183AC INTRA-INVEST SECURITIES, INC. Y HOUSE 12,300 11/F ACT Tower, 135 Sen. Gil Puyat Ave., Salcedo Vill., Makati City 1200 --------------- Total 12,300 B188AC J.M. Barcelon & Co., Inc. Y HOUSE 3,900 #34 Casa Nueva Townhomes, Manga Road, corner Balite Drive, New Manila, Quezon City 1100 --------------- Total 3,900 B190AC Value Quest Securities Corporation Y HOUSE 2,600 Unit 1007-B, West Tower PSE Center Exchange Road, Ortigas Center Pasig City 00 --------------- Total 2,600 B192AC Strategic Equities Corp. Y FREE 41,700 Unit 610-611 PSE Plaza, Tower I, Ayala Triangle, Ayala Ave., Makati City 1226 --------------- Total 41,700 B197AC Lopez, Locsin, Ledesma & Co., Inc. Y HOUSE 7,800

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 15 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units Room 702, Ayala Tower One, Ayala Avenue, Makati City 1226 B197AC Lopez, Locsin, Ledesma & Co., Inc. --------------- Room 702, Ayala Tower One, Ayala Avenue, Makati City 1226 Total 7,800 B198AC Lucky Securities, Inc. Y HOUSE 42,900 Unit 1402-B PSE Center Exchange Road, Ortigas Center Pasig City 1600 --------------- Total 42,900 B199AC Luys Securities Company, Inc. Y HOUSE 26,000 28/F LKG Tower 6801 Ayala Ave. Makati City 1200 --------------- Total 26,000 B200AC Mandarin Securities Corporation Y HOUSE 5,200 28/F LKG Tower 6801 Ayala Ave. Makati City 1200 --------------- Total 5,200 B203AC CITISECONLINE.COM, INC. Y HOUSE 540,050 2701-A EAST TOWER, PSE CENTRE EXCHANGE ROAD, ORTIGAS CENTER PASIG CITY 1605

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 16 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B203AC CITISECONLINE.COM, INC. --------------- 2701-A EAST TOWER, PSE CENTRE EXCHANGE ROAD, ORTIGAS CENTER PASIG CITY 1605 Total 540,050 B203FC CITISECONLINE.COM, INC. Y HOUSE 28,600 2701-A EAST TOWER, PSE CENTRE EXCHANGE ROAD, ORTIGAS CENTER PASIG CITY 1605 --------------- Total 28,600 B204AC DA Market Securities, Inc. Y FREE 7,800 Unit 6, 3rd Floor, The Fort Strip Bldg. Fort Bonifacio Global City Taguig, 1634 Metro Manila 1634 --------------- Total 7,800 B205AC Mercantile Securities Corp. Y HOUSE 32,500 20/F PDCP Bank Centre Paseo de Roxas Makati City 1226 --------------- Total 32,500 B206AC Meridian Securities, Inc. Y HOUSE 961,550 Suite 2702B&C Tektite Tower I Ortigas Centre, Pasig City 1600 --------------- Total 961,550 B208AC MDR Securities, Inc. Y HOUSE 53,300

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 17 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units Unit 1806, 8/F Medical Plaza Ortigas Bldg., Pasig City 1226 B208AC MDR Securities, Inc. --------------- Unit 1806, 8/F Medical Plaza Ortigas Bldg., Pasig City 1226 Total 53,300 B210AC Mount Peak Securities, Inc. Y HOUSE 58,500 #748 C.K. Bldg., Juan Luna St., Binondo, Manila 1006 --------------- Total 58,500 B211AC New World Securities Co., Inc. Y HOUSE 48,100 Rm. 202 Fil-Am Resources Bldg. 231 Juan Luna St. Binondo, Manila 1006 --------------- Total 48,100 B213AC Nieves Sanchez, Inc. Y HOUSE 89,700 Rm. 400 Fil-Am Resources Bldg., 231 Juan Luna St., Binondo, Manila 1006 --------------- Total 89,700 B215AC Optimum Securities Corporation Y HOUSE 16,250 No. 11 E. O. Bldg., United St. cor. 2nd St. Bo. Kapitolyo, Pasig City 1650

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 18 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B215AC Optimum Securities Corporation --------------- No. 11 E. O. Bldg., United St. cor. 2nd St. Bo. Kapitolyo, Pasig City 1650 Total 16,250 B217AC RCBC Securities, Inc. Y HOUSE 4,270 Unit 1008 Tower I & Exchange Plaza Ayala Avenue, Makati City 1200 Y FREE 5,200 --------------- Total 9,470 B218AC Pan Asia Securities Corp. Y HOUSE 109,590 910 Tower One & Exchange Plaza Ayala Avenue, Makati City 1200 --------------- Total 109,590 B219AC Papa Securities Corporation Y HOUSE 707,200 6/F, S & L Building Dela Rosa cor. Esteban Sts. Legaspi Village, Makati City 1200 --------------- Total 707,200 B220AC ATR Kim Eng Securities, Inc. Y FREE 13,179,690 17/F Tower One & Exchange Plaza, Ayala Triangle, Ayala Avenue Makati City 1226 --------------- Total 13,179,690 B224AC PNB Securities, Inc. Y HOUSE 328,600

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 19 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units 3/F PNB Financial Center Roxas Blvd., Pasay City 1300 B224AC PNB Securities, Inc. --------------- 3/F PNB Financial Center Roxas Blvd., Pasay City 1300 Total 328,600 B225AC PREMIUM SECURITIES, INC. Y HOUSE 16,900 Unit 1415, Tower 1 & Exchange Plaza Ayala Avenue cor. Paseo de Roxas Makati City 1259 --------------- Total 16,900 B229AC Public Securities Corporation Y HOUSE 2,900 Unit 207 Cityland Condominium 10 - Tower 2 6817 H.V. De La Costa St. cor. Ayala Ave. Makati City 1200 --------------- Total 2,900 B230AC QUALITY INVESTMENTS & SECURITIES CORPORATION Y HOUSE 442,100 Suite 1602 Tytana Plaza Oriente St, Binondo Manila 1006 --------------- Total 442,100 B232AC Alakor Securities Corporation Y HOUSE 3,900 9/F Quad Alpha Centrum, 125 Pioneer St. Mandaluyong City 1550 ---------------

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 20 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B232AC Alakor Securities Corporation Total 3,900 9/F Quad Alpha Centrum, 125 Pioneer St. Mandaluyong City 1550 B233AC R. Coyiuto Securities, Inc. Y HOUSE 211,250 Penthouse, Prince Building, 117 Rada Street, Legaspi Vill., Makati City 0 --------------- Total 211,250 B235AC REGINA CAPITAL DEVELOPMENT CORPORATION Y HOUSE 243,160 Unit 806 Tower 1 & Exchange Plaza Ayala Triangle, Ayala Avenue Makati City 1226 --------------- Total 243,160 B236AC R. Nubla Securities, Inc. Y HOUSE 80,600 Room 604, Fil-Am Resources Bldg., 231 Juan Luna St., Binondo, Manila 1006 --------------- Total 80,600 B237AC AAA Southeast Equities, Incorporated Y HOUSE 39,000 Ground Floor, Fortune Life Building #162 Legaspi St., Legaspi Village Makati City 1229 --------------- Total 39,000 B238AC R. S. Lim & Co., Inc. Y HOUSE 392,600 1509 Galvani Street

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 21 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units San Isidro, Makati City 1234 B238AC R. S. Lim & Co., Inc. --------------- 1509 Galvani Street San Isidro, Makati City 1234 Total 392,600 B239AC RTG & COMPANY, INC. Y HOUSE 184,000 Unit 602 Tower 1 & Exchange Plaza Ayala Triangle, Makati City 1200 Y FREE 41,600 --------------- Total 225,600 B239FC RTG & COMPANY, INC. Y HOUSE 689,900 Unit 602 Tower 1 & Exchange Plaza Ayala Triangle, Makati City 1200 --------------- Total 689,900 B240AC S.J. Roxas & Co.,Inc. Y HOUSE 15,200 Unit 612 Tower One, Ayala Triangle, Ayala Avenue, Makati City 0 --------------- Total 15,200 B243AC Fidelity Securities, Inc. Y HOUSE 36,400 2103-B PSE Centre, Exchange Road, Ortigas, Pasig City c 1600 --------------- Total 36,400

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 22 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B246AC Summit Securities, Inc. Y HOUSE 22,100 Unit 2102 B/C PSE Center Tektite Tower East Exchange Road, Ortigas Center Pasig City 1600 --------------- Total 22,100 B247AC STANDARD SECURITIES CORPORATION Y HOUSE 240,500 #34 Jefferson St., GHW, San Juan Metro Manila 00 --------------- Total 240,500 B251AC TANSENGCO & CO., INC. Y HOUSE 1,028,700 U-2308 World Trade Exchange Condominium 215 Juan Luna St., Binondo, Manila 1006 --------------- Total 1,028,700 B251FC TANSENGCO & CO., INC. Y HOUSE 45,500 U-2308 World Trade Exchange Condominium 215 Juan Luna St., Binondo, Manila 1006 --------------- Total 45,500 B252AC THE FIRST RESOURCES MANAGEMENT & SECURITIES CORP. Y HOUSE 7,100 Rms. 801-802, PSE Tower 1 Ayala Ave., cor. Paseo de Roxas,Ayala Triangle, Makati City 1200 --------------- Total 7,100 B253AC Tower Securities, Inc. Y HOUSE 481,400 1802-C Tektite Tower I

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 23 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units Exchange Road, Ortigas Centre Pasig City 1600 B253AC Tower Securities, Inc. --------------- 1802-C Tektite Tower I Exchange Road, Ortigas Centre Pasig City 1600 Total 481,400 B253FC Tower Securities, Inc. Y HOUSE 2,600 1802-C Tektite Tower I Exchange Road, Ortigas Centre Pasig City 1600 --------------- Total 2,600 B255AC APEX Philippines Equities Corp. Y HOUSE 7,800 Unit 902, Antel Corporate Center, No. 139 Valero St., Salcedo Vill., Makati City 1227 --------------- Total 7,800 B257AC TRI-STATE SECURITIES, INC. Y HOUSE 9,750 Unit 1007, 10/F Ayala Triangle Tower I, Ayala Avenue, Makati City 1226 --------------- Total 9,750 B259AC UCPB Securities, Inc. Y HOUSE 46,800 Suite 1612, 16/F Ayala Tower I Exchange Plaza, Ayala Ave. cor. Paseo de Roxas Makati City 1226

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 24 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B259AC UCPB Securities, Inc. --------------- Suite 1612, 16/F Ayala Tower I Exchange Plaza, Ayala Ave. cor. Paseo de Roxas Makati City 1226 Total 46,800 B261AC e.securities, inc. Y HOUSE 3,900 11/F Exportbank Plaza Chino Roces cor Sen. Gil J. Puyat Ave, Makati City 1251 --------------- Total 3,900 B261FC e.securities, inc. Y HOUSE 1,300 11/F Exportbank Plaza Chino Roces cor Sen. Gil J. Puyat Ave., Makati City 1251 --------------- Total 1,300 B266AC Vicsal Securities & Stock Brokerage,Inc. Y HOUSE 224,600 658 C. Palanca St., Quiapo,Manila 1001 --------------- Total 224,600 B267AC FIRST METRO SECURITIES BROKERAGE CORPORATION Y HOUSE 467,000 Unit 1515, 15/F Ayala Tower One Ayala Triangle, Ayala Ave. cor Paseo de Roxas Makati City 1226 Y FREE 81,750 --------------- Total 548,750

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 25 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B267FC FIRST METRO SECURITIES BROKERAGE CORP. Y HOUSE 6,700 Unit 1515, 15/F Ayala Tower One Ayala Triangle, Ayala Ave. cor Paseo de Roxas Makati City 1226 --------------- Total 6,700 B269AC Wealth Securities, Inc. Y HOUSE 206,500 2103 PSE Centre, Exchange Road Ortigas Centre, Pasig City 1600 --------------- Total 206,500 B270AC Westlink Global Equities, Inc. Y HOUSE 224,250 6/F Philippine Stock Exchange Plaza Ayala Avenue, Makati City 1200 --------------- Total 224,250 B272AC BERNAD SECURITIES, INC. Y HOUSE 130,000 3/F 1033 M.H. del Pilar St. Ermita, Manila 1000 --------------- Total 130,000 B275AC Yao & Zialcita, Inc. Y HOUSE 14,050 Yao Bldg., 577 A. Bonifacio Drive, Port Area,Manila 1018 --------------- Total 14,050 B278AC Yu & Company, Inc. Y HOUSE 101,400

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 26 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units Unit E 1606-B Tektite Tower 1 Exhange Road, Ortigas Center Pasig City 1600 B278AC Yu & Company, Inc. --------------- Unit E 1606-B Tektite Tower 1 Exhange Road, Ortigas Center Pasig City 1600 Total 101,400 B279AC BDO Securities Corporation Y HOUSE 4,420,040 27/F Tower I & Exchange Plaza Ayala Ave., Makati City 1226 Y FREE 57,200 --------------- Total 4,477,240 B279AP BDO Securities Corporation Y HOUSE 100,000 27/F Tower I & Exchange Plaza Ayala Ave., Makati City 1226 --------------- Total 100,000 B279FC BDO Securities Corporation Y HOUSE 11,600 27/F Tower I & Exchange Plaza Ayala Ave., Makati City 1226 --------------- Total 11,600 B282AC PCCI SECURITIES BROKERS CORP. Y FREE 185,000 3/F PCCI Corporate Centre 118 Alfaro St, Salcedo Village Makati City 1227

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 27 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units B282AC PCCI SECURITIES BROKERS CORP. --------------- 3/F PCCI Corporate Centre 118 Alfaro St, Salcedo Village Makati City 1227 Total 185,000 B283AC Eagle Equities, Inc. Y HOUSE 275,600 179 Kaimito St. Valle Verde II, Pasig City 1600 --------------- Total 275,600 B285AC Golden Tower Securities & Holdings, Inc. Y HOUSE 231,400 4-B Vernida I Condominium, 120 Amorsolo St., Legaspi Village, Makati City 1229 Y FREE 57,200 --------------- Total 288,600 B286AC SOLAR SECURITIES, INC. Y HOUSE 1,697,150 Unit 3002-A East Tower, Phil. Stock Exchange Centre, Exchange Road, Ortigas Complex, Pasig City 1605 --------------- Total 1,697,150 B286AP SOLAR SECURITIES, INC. Y HOUSE 78,000 Unit 3002-A East Tower, Phil. Stock Exchange Centre, Exchange Road, Ortigas Complex, Pasig City 1605 --------------- Total 78,000 B288AC G.D. TAN & COMPANY, INC. Y HOUSE 132,600 Unit 2203-A East Tower, PSE Center Exchange Road, Ortigas Center, Pasig City

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 28 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units 1600 B288AC G.D. TAN & COMPANY, INC. --------------- Unit 2203-A East Tower, PSE Center Exchange Road, Ortigas Center, Pasig City 1600 Total 132,600 B323AC CLSA Philippines, Inc. Y FREE 520 Trafalgar Plaza, Unit 17-D, 105 H.V. dela Costa St., Salcedo Vill., Makati City 1227 --------------- Total 520 B328AC DW Capital Inc. Y HOUSE 53,300 1136 Solar St., Binondo, Manila 0 --------------- Total 53,300 B333AC UBS Securities Philippines, Inc. Y FREE 28,600 19/F Ayala Tower One, Ayala Ave., Makati City 1200 --------------- Total 28,600 B345AC UNICAPITAL Securities Inc. Y HOUSE 379,600 4F Majalco Bldg Benavidez cor Trasierra Sts Legaspi Vill., Makati City 1200 --------------- Total 379,600 B388AC Armstrong Securities, Inc. Y HOUSE 4,900

01-APR-2009 01-APR-2009 11:20 PHIL. CENTRAL DEPOSITORY, INC. Page 29 eq_bensecqe_r.sql/01 EQ Beneficial Owner Report by Security (QE) for 31-MAR-2009 Security : PNX PHOENIX PETROLEUM Member Member Name and Address Resident Sub-Account Name Units Unit 2205-A, 22/F, PSE Centre Exchange Road, Ortigas Centre, Pasig City 1600 B388AC Armstrong Securities, Inc. --------------- Unit 2205-A, 22/F, PSE Centre Exchange Road, Ortigas Centre, Pasig City 1600 Total 4,900 B389AC King's Power Securities, Inc. Y HOUSE 279,900 RM 1602 FEDERAL TOWER DASMARINAS ST., BINONDO, MANILA 0 --------------- Total 279,900 B389FC King's Power Securities, Inc. Y HOUSE 45,500 RM 1602 FEDERAL TOWER DASMARINAS ST., BINONDO, MANILA 0 --------------- Total 45,500 DEUB10 Deutsche Bank Manila-Clients A/C Y HOUSE 4,681,170 26/F Ayala Tower One Ayala Triangle, Makati City 1226 --------------- Total 4,681,170 =============== Grand Total 49,903,140

*** End Of Report ***