November 13, 2000

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ABS-CBN Corporation Sgt. Esguerra Avenue, Quezon City, Philippines

19 August 2010 Securities & Exchange Commission Attn: Director Justina F. Callangan Corporation Finance Department SEC Building, EDSA, Mandaluyong City Philippine Stock Exchange, Inc. Attn: Ms. Janet A. Encarnacion Head, Disclosure Department 3rd Floor, Philippine Stock Exchange Plaza Ayala Triangle, Ayala Avenue, Makati City Re:

Share Buyback Program

Gentlemen/Ladies: We are pleased to report our purchases of our common shares (ticker symbol: “ABS”) today pursuant to the share buyback program approved by our Board of Directors on 28 July 2010, and the number of our outstanding and treasury shares less the purchased shares: No. of ABS purchased 5,350 8,200 20,000 63,450 31,000 61,000 27,310 63,680 30,500 12,000 27,150 1,210 850 5,000 7,500

Price per share 52.50 52.65 52.70 52.80 52.85 52.90 52.95 53.00 53.20 53.40 53.50 53.75 53.80 53.85 53.90

Outstanding Shares after transaction 768,450,592 768,442,392 768,422,392 768,358,942 768,327,942 768,266,942 768,239,632 768,175,952 768,145,452 768,133,452 768,106,302 768,105,092 768,104,242 768,099,242 768,091,742

Treasury Shares after transaction 11,134,010 11,142,210 11,162,210 11,225,660 11,256,660 11,317,660 11,344,970 11,408,650 11,439,150 11,451,150 11,478,300 11,479,510 11,480,360 11,485,360 11,492,860

No. of ABS purchased 24,600 11,690

Price per share

Outstanding Shares after transaction

54.00 54.20

Thank you for your kind attention. Very truly yours,

Charles A. Gamo Compliance Officer for Corporate Governance and Head, Investor Relations

768,067,142 768,055,452

Treasury Shares after transaction 11,517,460 11,529,150