| JOINT PARTNERS OF MANILA WATER |
AYALA CORPORATION Ayala Corporation is one of the Philippines' most successful and community-oriented conglomerates with diversified interests in banking, real estate, telecommunications, food, infrastructure and utilities, information technologoy, among others. Together with its holdings and subsidiaries, most of which are leasders in their respective industries, it is also one of the largest companies in the country. UNITED UTILITIES United Utilities PLC is a multi-utility operator, which, through its subsidiary North West Water (NWW), is rated by independent regulators as the most efficient water and wastewater operator in the UK. United Utilities provides water, sewer, energy and electricity services to over 28 million people throughout the world. BECHTEL Bechtel is a world leader in designing, building and managing complex infrastructure projects. Bechtel's 20,000 employees are involved in various energy, civil works and large infrastructure projects in more than 75 countries around the globe. MITSUBISHI CORPORATION Mitsubishi Corporation is engaged in international trading and provides administrative oversight for over 150 affiliated conglomerates. Mitsubishi and Ayala have worked together since 1974, forging strategic alliances in various investment areas such as automotive assembly, software system development and industrial estate development. BPI CAPITAL CORPORATION BPI Capital Corporation is a wholly-owned subsidiary of BPI, the oldest commercial bank in Southeast Asia and a leading financial institution in the Philippines. BPI Capital provides merchant banking services which include among others, financial advisory, corporate structuring, underwriting of debt and equity instruments, loan syndication, mergers and aquisitions and project finance. |