MINDANAO GRID POWER SITUATION UPDATE

As of February 20, 2012

OUTLINE OF PRESENTATION
LAKE ELEVATION STATUS OF POWER PLANTS DEMAND & SUPPLY ASSUMPTIONS POWER PLANTS MAINT. SCHEDULE 2012 LOAD CURVE & RESERVE PROFILES FEB 2012 LOAD TO MAINTAIN MATRIX 2011-2014 POWER PROJECTS

Actual Lake Lanao Elevation

As of February 20, 2012
701.4

701.2

M E T E 700.8 R
700.6 701.

January-March 2011 Lake Elev. 700.74m As of 6am Feb 20, 2012

S
700.4

700.2

700. 1-Jan

8-Jan

15-Jan 22-Jan 29-Jan 5-Feb 12-Feb 19-Feb 26-Feb 4-Mar 11-Mar 18-Mar 25-Mar

Actual Lake Lanao Elevation

As of February 20, 2012
702. 701.5 701. M E 700.5
700.73as of Feb 20, 2012

2011 Lake Elevation

T 700. E R 699. S 698.5 698. 697.5 697. JAN

698.15m Agus Plants will Shutdown 2010 Lake Elevation 699.15m Critical Operating Level 2011 Rule Curve

699.5

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEPT

OCT

NOV

DEC

Status of Hydro Power Plants

As of February 20, 2012
HYDRO PLANTS AGUS 1 AGUS 2 AGUS 4 AGUS 5 AGUS 6 AGUS 7 PULANGI 4 INSTALLED CAPACITY, MW 80 180 158 55 200 54 255 982 PEAKING CAPABILITY, MW 45 90 127 48 130 27 168 635

TOTAL

Agus 7 unit 2 (27mw) on forced outage since October 28, 2010 Agus 6 unit 2 (25mw) on forced outage since January 15, 2011

Status of Thermal Power Plants

As of February 20, 2012
INSTALLED CAPACITY, MW 108 210 110 55 32 100 100 715 PEAKING CAPABILITY, MW 97 200 80 50 10 *75 **48 560 THERMAL PLANTS MT. APO GEO. STEAG STATE POWER WMPC SPPC POWER BARGE 104 TMI - MOBILE 1 TMI - MOBILE 2 TOTAL

PB104 unit 3 - on forced outage since March 2011; PB 104 unit 4 - on PMS February 06-27, 2012 WMPC unit 7&8 - on PMS February 13-25, 2012; *75mw - Aggregate Demand delivered by Mobile 1 to customers with BPS contract **48mw - NGCP contracted ASPA with Mobile 2 (until February 28, 2012 only)

Mindanao Grid Total

As of February 20, 2012

PLANT TYPE

INSTALLED CAPACITY, MW

PEAKING CAPABILITY, MW

HYDRO COAL GEOTHERMAL DIESEL TOTAL

982 210 108 397 1,697

635 200 97 263 1,195

NPC Contracted Demand versus NPC Capacity Nomination

As of February 20, 2012

Contracted Capacity of TMI Customers with ERC PA Approval

Philippine Milling Corporation (PILMICO) Agusan del Norte Electric Cooperative (ANECO) Agusan del Sur Electric Cooperative (ASELCO) Surigao del Norte Electric Cooperative (SURNECO) Agusan del Sur Electric Cooperative I (SURSECO I) Agusan del Sur Electric Cooperative II (SURSECO II) Davao Light and Power Company (DLPC) Davao del Norte Electric Cooperative (DANECO) Davao Oriental Electric Cooperative (DORECO) Davao del Sur Electric Cooperative (DASURECO) Philippine Sinter Corporation (PSC) South Cotabato Electric Cooperative II (SOCOTECO II)

2012 TYPICAL LOAD CURVE

TYPICAL DAILY LOAD CURVE

Mindanao Grid 2012 Reserve Profiles

Assumptions
CY2012 Demand Forecast as per DOE -> 1,347mw System Capability excludes 200mw TMI Power Barges effective March 2012 IDPP assumed to operate as follows: Jul-25mw Aug-35mw Sep-35mw Oct-50mw Nov-80mw Dec-100mw Transfer of 2 power barges from Visayas in Oct. 2012 & Nov. 2012 (firm capability10mw/barge) Agus 6 unit 2 (25mw) & Agus 7 unit 2 (27mw) on forced outage. Est. time of commencement (ETC) March 2012 for Agus 6 Unit 2 and May 2012 for Agus 7 unit 2. Hydro Plants' capability based on NPC-Mingen nomination 2012 GOP considered : Pulangi 4 HEP (255mw) total plant shutdown April 09 May 09, 2012

2012 Grid Operating Schedule

2012 Maintenance Schedule

1st Quarter 2012 Reserve Profile, MW

January-March

2nd Quarter 2012 Reserve Profile, MW

April-June

Holy Week

Pulangi 4 HEP Plant Shutdown April 2012

Agus 4 , Agus 5 & Agus 6 one unit each on scheduled PMS June 2012

3rd Quarter 2012 Reserve Profile, MW

July-September

Agus 1 , 5, 6 PMS one unit each Plant & Mt Apo 1 on scheduled PMS June 2012

STEAG unit 1 on scheduled PMS Aug 5-6

4th Quarter 2012 Reserve Profile, MW

October-December

STEAG unit 1 on scheduled PMS October 06-31

STEAG total plant shutdown Oct 29-Nov 04

Mindanao Grid 2012 Reserve Profile, MW

REQ. DISPATCHABLE RESERVE
250

REQ. CONTINGENCY RESERVE

150

REQ. REGULATING RESERVE

50

JAN (50) (40)

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

(131) (150) (129) (170) (165) (139) (147)

(81)

(152)

(250) (251) (345) (350) (285)