GMA NETWORK, INC. Full Year 2011 Results 04/10/12

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2 GMA NETWORK, INC. Full Year 2011 Results 04/10/12

3 RATINGS UPDATE Dominance in Mega Manila Household Ratings Oct 2011! Nov! Dec! Jan 2012! Feb! Mar*! GMA! 16.6! 17.6! 16.0! 16.7! 17.1! 16.4! ABS! 9.7! 9.7! 9.1! 9.7! 10.4! 10.6! TV5! 7.8! 6.8! 6.4! 6.5! 6.1! 5.9! Oct 2011! Audience Shares Nov! Dec! Jan 2012! Feb! Mar*! GMA! 39.8! 42.2! 40.9! 40.8! 41.0! 40.1! ABS! 23.2! 23.3! 23.2! 23.8! 24.9! 26.0! GMA leads ABS by 5.8 points and TV5 by 10.5 points Based on an estimated 5 viewers per Household, GMA s lead is equivalent to almost 1.6M viewers over ABS and close to 2.9M viewers against TV5 GMA leads ABS by 14.1 points and TV5 by 25.7 points TV5! 18.8! 16.4! 16.2! 15.8! 14.7! 14.4! Based on Total Day (6am -12mn)- Households in TV Homes Source: Nielsen Phils TAM (Arianna) * Mar 25 to 31 are based on overnights Number of viewers were computed using the rating point equivalent per Household (54,610) for Mega) multiplied by an estimated 5 viewers per Household Mega Manila accounts for 59.5% of all Urban TV Households

4 RATINGS UPDATE Continued Leadership in Urban Luzon Household Ratings Oct 2011! Nov! Dec! Jan 2012! Feb! Mar*! GMA! 15.8! 17.0! 15.5! 15.9! 16.1! 15.5! ABS! 10.2! 10.3! 9.6! 10.2! 10.8! 10.9! TV5! 7.2! 6.4! 5.9! 6.0! 5.8! 5.6! Oct 2011! Audience Shares Nov! Dec! Jan 2012! Feb! Mar*! GMA! 38.9! 41.3! 40.1! 39.9! 39.8! 38.8! ABS! 25.0! 25.0! 25.0! 25.5! 26.7! 27.4! GMA leads ABS by 4.6 points and TV5 by 9.9 points Based on an estimated 5 viewers per Household, GMA s lead is equivalent to almost 1.6 M viewers over ABS and close to 3.5 M viewers against TV5 GMA leads ABS by 11.4 points and TV5 by 24.7 points TV5! 17.8! 15.5! 15.2! 15.0! 14.2! 14.1! Based on Total Day (6am -12mn)- Households in TV Homes Source: Nielsen Phils TAM (Arianna) * Mar 25 to 31 are based on overnights Number of viewers were computed using the rating point equivalent per Household (70,430 for Luzon) multiplied by an estimated 5 viewers per Household Urban Luzon accounts for 77% of all Urban TV Households

5 RATINGS UPDATE # 1 NATIONWIDE Household Ratings Oct 2011! Nov! Dec! Jan 2012! Feb! Mar*! GMA! 14.3! 15.3! 14.0! 14.5! 14.4! 13.8! ABS! 12.0! 11.9! 11.2! 11.4! 12.1! 12.3! TV5! 6.8! 6.1! 5.8! 6.0! 5.8! 5.7! GMA leads ABS by 1.5 point and TV5 by 8.1 points Based on an estimated 5 viewers per Household, GMA s lead is equivalent to almost 700K viewers versus ABS and over 3.7 M viewers against TV5 Audience Shares Oct 2011! Nov! Dec! Jan 2012! Feb! Mar*! GMA! 35.3! 37.5! 36.2! 36.7! 36.3! 35.1! ABS! 29.5! 29.3! 29.1! 29.0! 30.4! 31.3! GMA leads ABS by 3.8 points and TV5 by 20.5 points TV5! 16.8! 15.0! 15.0! 15.2! 14.6! 14.6! Based on Total Day (6am -12mn)- Households in TV Homes Source: Nielsen Phils TAM (Arianna) * Mar 25 to 31 are based on overnights Number of viewers were computed using the rating point equivalent per Household (91,830) for NUTAM) multiplied by an estimated 5 viewers per Household NUTAM TV Households

6 Ad minutes 4Q Q 2010 in mins. Diff ( ) % inc/dec Total 80,006 93,554 (13,549) (14.5) GMA 21,107 24,473 (3,366) (13.8) GMA (Less Eat Bulaga/Boxing Specials) 17,924 21,058 (3,135) (14.9) ABS CBN 22,949 26,843 (3,893) (14.5) ABS (Less Mon Sat NoonFme shows) 21,172 24,129 (2,957) (12.3) GNTV/ QTV* 6,868 7,522 (654) (8.7) TV 5 5,097 4, Studio 23 3,599 5,147 (1,548) (30.1) Total represents the combined loading of Nielsen-monitored FTA channels (ABS, GMA, GNTV/QTV, TV 5, ETC (RPN)/SOLAR TV, Studio 23, TALK TV/SBN (ETC), RJTV 2 nd Ave, NBN and IBC) * QTV was re-launched as GMA NEWS TV (GNTV) on Feb 28, 2011 with a different program line-up NOTE: Commercial minutes do not include 5 secs, gov t ads (except political ads), network text-in promos, portion buys, station plugs and entertainment related ads (i.e., movies, concerts, tours and stage performance) as classified by The Nielsen Company Phils. Source: Nielsen Phils (Adquest)

7 Ad minutes Jan Dec 2011 Jan Dec 2010 in mins. Diff ( ) % inc/dec Total 323, ,278 (13,903) (4.1) Total (Less PoliFcal Ads and Pseudo pol ads in 2010) 323, ,361 (987) (0.3) GMA 90,475 88,611 1, GMA (Less EB/Boxing Special and PoliFcal Ads in 2010) 77,749 71,626 6, ABS CBN 95, ,175 (7,322) (7.1) ABS (Less Mon Sat NoonFme shows and Pol Ads in 2010) 87,911 83,991 3, GNTV/ QTV* 16,271 28,502 (12,232) (42.9) TV 5 22,659 12,390 10, Studio 23 17,088 15,565 1, Total represents the combined loading of Nielsen-monitored FTA channels (ABS, GMA, GNTV/QTV, TV 5, ETC (RPN)/SOLAR TV, Studio 23, TALK TV/SBN (ETC), RJTV 2 nd Ave, NBN and IBC) * QTV was re-launched as GMA NEWS TV (GNTV) on Feb 28, 2011 with a different program line-up NOTE: Commercial minutes do not include 5 secs, gov t ads (except political ads), network text-in promos, portion buys, station plugs and entertainment related ads (i.e., movies, concerts, tours and stage performance) as classified by The Nielsen Company Phils. Source: Nielsen Phils (Adquest)

8 Building a Global Brand... International Pay TV Channels Program Syndication and Licensing 7% YoY 9% YoY 4Q 2011 Deals TV3 Ghana Sold Free TV rights of Marimar, Una Kang Naging Akin, Ang Babaeng Hinugot sa Aking Tadyang and Impostora for telecast in Ghana More than 291 thousand subscriptions as of end 2011 More than 114 thousand subscriptions as of end 2011 DM Don Square Sold Free TV rights of Kung Aagawin Mo Ang Lahat sa Akin, Ang Iibigin ay Ikaw and My Only Love for telecast in Brunei Suraya Filem Productions - Sold Free and Pay TV rights of Patient X and My Valentine Girls for telecast in Malaysia and Brunei Continental Content Distribution Company Sold Free TV rights of Magdusa Ka, Langit Sa Piling Mo, Kung Aagawin Mo Ang Lahat sa Akin, Ikaw Sana and Kaya Kong Abutin Ang Langit for telecast in Kenya Currently available in Australia, Canada, Guam, Japan, Madagascar, UAE and soon in Europe, Malaysia and the United States. Crown Era Ltd - Sold Pay TV rights of Ngayon at Kailanman, Beauty Queen, Ang Babaeng Hinugot sa Aking Tadyang, Impostora, Una Kang Naging Akin, Magdusa Ka, Dyesebel, Gumapang Ka sa Lusak and Kung Aagawin Mo Ang Lahat sa Akin for telecast in South Korea

9 Consolidated Financial Report For the Year Ended December 31, 2011 Analysts Briefing GMA Network, Inc. April 10, 2012

10 CONSOLIDATED GROSS REVENUES For the Years Ended December 31, 2011 and 2010 (In Millions PhP) * Revenues from regular advertising, subscriptions and others increased by 7% vs Pol ads Recurring Airtime revenues +7% Recurring revenues Subscription and others +9% Total Revenues -9%

11 AIRTIME REVENUES For the Years Ended December 31, 2011 and 2010 (In Millions PhP) * Airtime revenues up 7% from regular advertisers. Ch-7/RTV airtime revenues up by 8% sans political ads of P1.881B in Radio up 15% minus pol ads of P155M Inc (Dec) TV Channel 7/RTV 11,189 10,332 8% Channel 11 (GNTV/QTV) (40%) Radio % 11,881 11,139 7% Add: Non-recurring pol ads 2,054 Total 11,881 13,193 (10%)

12 SUBSCRIPTION AND OTHER REVENUES For the Years Ended December 31, 2011 and 2010 (In Millions PhP) * Revenues from international operations up 4%; albeit 6% in dollar-terms Inc (Dec) International % Subsidiaries and others % Total 1,202 1,107 9%

13 CONSOLIDATED OPERATING EXPENSES For the Years Ended December 31, 2011 and 2010 (In Millions PhP) * Total OPEX of P8.984 billion increased by 8% vs GAEX +4% 57% 55% Production costs +11%

14 FINANCIAL HIGHLIGHTS For the Years Ended December 31, 2011 and 2010 (In Millions PhP) EBITDA and Net Income were down 34% and 39%, respectively Revenues -9% Expenses +8% EBITDA -34% Net Income -39%

15 INCOME STATEMENT Quarterly Performance Y2007 Y2008 Y2009 Y2010 Y

16 CAPITAL EXPENDITURES (In Millions PhP) Capital Expenditures for 2011 amounted to P896M

17 FINANCIAL RATIOS For the Years Ended December 31, 2011 and 2010

18 CONSOLIDATED BALANCE SHEETS (In Millions PhP)

19 DIVIDENDS DECLARED For the Years (amounts in millions except dividend per share) Year PY s NI Div/Share Total Dividend Declared % of PY s NI 2008 P2,307.2 P 0.25 P1, % , , % , , , % 43% , , % , , %