STATE PROPERTIES CORPORATION

STATE GROUP OF COMPANIES is being managed by the seasoned industry leaders under the steadfast vision of its company officers led by Dr. Allen C. Roxas. It has long been embarking in land banking activities aimed at diversifying into other business endeavors. STATE INVESTMENT HOUSE INC. is a pioneer in the investment house industry and was the first to be granted a trust license under the universal banking reforms in 1982. STATE PROPERTIES CORPORATION is a wholly owned, real estate arm of State Investment Trust, Inc.(SITI), is currently developing its 75-hectare prime property into a high-end subdivision aptly called “Versailles”, a master-planned and integrated community that is strategically located adjacent to Ayala Alabang Village. FIRST STATE MINING CORPORATION (FSMRC) is a wholly owned subsidiary of State Properties Corporation and is a major stockholder of Consolidated Mines Inc. which owns the largest chromite mining site in Masinloc, Zambales located about 250 kilometers northwest of Manila. CONSOLIDATED MINES INC. also owns a large copper mining site in Marinduque at the southern portion of the Luzon. STATEMOTOR CORPORATION is a distributor of Great Wall Cars, a leading automotive brand in China which is of high quality yet affordable in price.