July 01, 2013

PHILIPPINE STOCK EXCHANGE, INC.

PSE Center
Tower 1 Ayala Triangle
Ayala Avenue, Makati City

Attention: MS. JANET A. ENCARNACION

Head, Disclosure Department

Gentlemen:

Please be advised that the CENTURY PROPERTIES GROUP INC. (Company) has just
concluded its Annual Stockholders Meeting for 2013 and the Organizational Board
Meeting which immediately followed the said 2013 Annual Stockholders Meeting.

The highlights of the Annual Stockholders Meeting for 2013 are as follows:

1. Approval of the minutes of the 2012 Annual

Stockholders Meeting held on 27 June 2012
2. Approval of the Annual Report of the President
3. Ratification of all Acts and Proceedings of the
Board of Directors and Corporate Officers
4. Approval of the 2012 Audited Consolidated
Financial Statements of the Corporation
5. Election of Members of the Board of Directors
6. Appointment of External Auditors for 2013
7. Appointment of Corporate Secretary
8. Approval of the Amendment of the Articles of
Incorporation for the Increase in ACS to Eighteen
Billion shares at par value of 0.53 per share
9. Approval of the Proposed Stock Dividends
Declaration
10. Approval of the Employee Stock Grant Program of
the Corporation (ESGP)
11. Shareholders Approval of the Treasury Buy-back

The following persons have been nominated and elected as members of the Board of
Directors of the Company for 2013-2014 during the meeting:

1. MR. JOSE E.B. ANTONIO

2. MR. JOHN VICTOR R. ANTONIO
3. MR. JOSE MARCO R. ANTONIO
4. MR. JOSE ROBERTO R. ANTONIO
5. MR. JOSE CARLO R. ANTONIO
 6. MR. RICARDO P. CUERVA
7. MR. RAFAEL G. YAPTINCHAY
8. MR.WASHINGTON Z. SYCIP (Independent director)
9. MR. MONICO V. JACOB (Independent director)

The accounting firm of SyCip Gorres Velayo & Co. was re-appointed as the Companys
external auditor for 2013-2014.

The legal firm of Divina Law Office was appointed corporate legal counsel of the
Company.

The Stockholders likewise approve the proposed resolution for the amendment of the
Articles of Incorporation Article 7th of the Company to increase the capital stock and
following resolution adopted:

RESOLVED, that Article VII of the amended Articles of Incorporation of the

Corporation be amended to read as follows:

SEVENTH, That the authorized capital stock of the said Corporation is Nine Billion
Five Hundred Forty Million Pesos (P9,540,000,000.00) divided into Eighteen Billion
18,000,000,000 common shares, with par value of 0.53 Peso each.

RESOLVED, FURTHER, that the proper officers of the Corporation are hereby
authorized and directed to execute and file the proper certificates of the
proceedings of this meeting, to execute, sign, and file any and all documents
which may be required by the Securities and Exchange Commission, Philippine
Stock Exchange, and other government agencies and to do all actions and
things as may be necessary to comply with the provisions of the Corporation
Code of the Philippines, Securities Regulation Code and other regulations relating
to the subject matter of this resolution.

Furthermore, the stockholders approve the declaration of stock dividends equivalent to

Two Billion common shares amounting to Php1,060,000,000 to be taken out of the
Corporations retained earnings. This amount represents at least the minimum 25%
subscribed and paid-up capital for the proposed increase in the authorized capital
stock.

The Company shall disclose further the developments on the approved employee stock
grant plan. The following resolutions were adopted and approved by the stockholders
present to wit:

RESOLVED, That the members of the Compensation, Remuneration and

Nomination Committee of CENTURY PROPERTIES GROUP INC., after a
comprehensive review of the companys proposed Employee Stock Option Plan,
considering the industry practice and in order to reward and encourage good
performance and loyalty to the company, hereby approves and endorses to the
Board of Directors the ESOP as attached to form an integral part hereof.
 RESOLVED FURTHER, that the Board of Directors of the Corporation hereby
authorizes the Co. Chief Operating Officer, Mr. Jose Carlo R. Antonio to sign,
execute any document to effect the implementation of the foregoing
resolutions.

RESOLVED FINALLY, that the proper officers of the Corporation are hereby
authorized and directed to execute and file the proper certificates of the
proceedings of this meeting, to execute, sign, and file any and all documents
which may be required by the Securities and Exchange Commission, Philippine
Stock Exchange, and other government agencies and to do all actions and
things as may be necessary to comply with the provisions of the Corporation
Code of the Philippines, Securities Regulation Code and other regulations relating
to the subject matter of this resolution

For the Organizational Meeting of the Board of Directors, which immediately followed the
2013 Annual Stockholders Meeting, the highlights of the meeting are as follows:

1. Certification of the newly elected Directors

2. Election of Officers of the Company as follows:

Jose E.B. Antonio President and CEO

John Victor R. Antonio Co. COO
Jose Marco R. Antonio Co. COO
Jose Carlo R. Antonio Chief Financial Officer
Jose Roberto R. Antonio Managing Director
Atty. Marthe Lois V. Cordia Corporate Secretary
Carlos Benedict K. Rivilla, IV Assistant Corporate Secretary
Domie S. Eduvane Senior Vice President for Legal and Corporate Affairs
Gerry Joseph Albert Ilagan VP for Human Resources and Sales
Teresita Fucanan Yu VP for Corporate Communications
Ramon S. Villanueva III VP Controller
Kristina Lowella Garcia Investment Director
Jose Romarx Salas Vice President for Business Development
Erickson Y. Manzano Senior Vice President/Development Director
Neko Lyree U. Cruz Compliance Officer and Chief Information Officer

2. Election of members of the Compensation and Remuneration Committee,

the Audit Committee, and the Nomination Committee as follows:

Nomination, Compensation and Remuneration Committee:

Jose E.B. Antonio Chairman of the Committee
Atty. Monico V. Jacob - Member
John Victor R. Antonio - Member
Carlos Benedict K. Rivilla IV Non-voting Member
 Audit Committee:
Monico Jacob Chairman of the Meeting
Jose Carlo R. Antonio Member
Jose Marco R. Antonio - Member

Executive Committee
Jose E.B. Antonio Chairman of the Committee
John Victor R. Antonio Member
Jose Marco R. Antonio Member
Jose Roberto R. Antonio Member
Jose Carlo R. Antonio Member

Risk Management Committee

Jose E.B. Antonio Chairman of the Committee
Atty. Monico V. Jacob Member (Ind. Director
Washington Sycip Member (Ind. Director)
Jose Carlo R. Antonio Member
Lujer P. Danao Risk Management Officer, Non-voting

This is being submitted in compliance with the Disclosure Rules of the Exchange.

Thank you.