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FAR EASTERN UNIVERSITY

P.O. BOX 609 MANILA, PHILIPPINES

April 10, 2012

Disclosure Department

The Philippine Stock Exchange, Inc.

Tower One and Exchange Plaza Ayala Triangle, Ayala Avenue Makati City

Dear Sirs:

In compliance with your reporting requirements, please be informed of the top One Hundred (100) stockholders of the corporation on record as of March 31, 2012:

Percentage Name of Stockholder No. of Shares (%)____

1. Seyrel Investment and

Realty Corporation 3,930,969 28.6278

2. Sysmart Corporation 2,907,574 21.1748

3. Desrey, Inc. 1,098,720 8.0016

4. Angelina D. Palanca 441,613 3.2161

5. PCD Nominee Corporation (Filipino) 366,456 2.6688

6. Sr. Victorina D. Palanca 308,000 2.2431

7. ICM Sisters Phil. Mission Board, Inc. 301,000 2.1921

8. Aurelio R. Montinola III 251,510 1.8317

9 Marco P. Gutang 175,113 1.2753

10. Gonzaga-Lopez Enterprises, Inc. 168,190 1.2249

11. Jomibel Agricultural Development Corp. 149,070 1.0856

12. AMON Trading Corporation 85,689 0.6240

13. ZARE, Inc. 69,468 0.5059

14. Rosario P. Melchor 67,519 0.4917

15. Rosario Panganiban-Melchor 61,294 0.4464

16. Mitos Sison 56,512 0.4116

17. Consorcia P. Reyes 55,071 0.4011

18. Juan Miguel R. Montinola 52,521 0.3825

19. Antonio R. Montinola 50,344 0.3666

Gianna R. Montinola 50,344 0.3666

20. Lourdes R. Montinola 46,634 0.3396

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21. SGP Resources Corporation 45,971 0.3348

22. Lawaan Lopez 44,154 0.3216

23. Henry Sy, Sr. 37,451 0.2727

24. Edgardo C. Roces 37,108 0.2702

25. DERRC, Inc. 34,946 0.2545

26. Dizfer Corporation 34,724 0.2529

27. Ildefonso Santos 32,086 0.2337

28. Fe V. Canilao 30,886 0.2249

29. United Life Assurance Corporation 28,743 0.2093

30. Carousel Holdings, Inc. 28,253 0.2058

31. Enrico Palanca Jose 27,718 0.2019

32. Juana Santiago de Rodriguez 26,979 0.1965

33. Cristina Monzon 26,422 0.1924

Lourdes Monzon 26,422 0.1924

Manuel Monzon 26,422 0.1924

34. Elizabeth P. Melchor 25,006 0.1821

35. Monti-Rey, Inc. 23,039 0.1678

36. Francisco Dalupan 22,614 0.1647

37. True Value Alabang Corporation 22,600 0.1646

38. Paz R. Henson 21,497 0.1566

Bernardina G. Panganiban 21,497 0.1566

39. Barista Holdings, Inc. 21,359 0.1555

40. Narcisa T. Cruz 21,013 0.1530

41. S. Robert Bakall, M.D. 20,428 0.1488

42. Luz M. Santos 20,249 0.1475

43. Pacita P. DeMyer 19,861 0.1446

44. Benedicta Balatbat Martinez 19,644 0.1431

45. PETNET, Inc. 19,446 0.1416

46. Vincent P. Medina 19,044 0.1387

47. Jose H. Panganiban 18,876 0.1375

48. Eugenio Reyes 18,352 0.1337

Teresita Coquia Sison 18,352 0.1337

Lourdes A. Banson 18,352 0.1337

49. Teresita U. Denoga-Estacio &

Julita U. Denoga-Payawal 17,612 0.1283

50. Rodelio Jimenez 17,542 0.1278

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51. Josefina T. Dakis 17,504 0.1275

52. Rodolfo P. Madrid 17,444 0.1270

53. Adelina S. Santiago 16,912 0.1232

54. Jose M. Roces 16,063 0.1170

55. Teresita D. Anonas 15,860 0.1155

Milagros F. Dizon 15,860 0.1155

Paciano F. Dizon 15,860 0.1155

Raymond F. Dizon 15,860 0.1155

56. Francisco Policar Icasiano 15,572 0.1134

57. Jose Victor Icasiano 15,569 0.1134

Vincent Abellardo Icasiano 15,569 0.1134

58. Oscar T. Africa 15,471 0.1127

59. Ramon Icasiano Santos 15,010 0.1093

60. Corazon Santos Hvideberg 15,009 0.1093

Carina Santos Quirijns 15,009 0.1093

61. Felicidad Cruz Pahati 14,947 0.1089

62. PCD Nominee Corporation

(Non-Filipino) 14,700 0.1071

63. Gonzalo R. Viola 14,687 0.1070

64. Celeste A. de Zavalla 14,536 0.1059

65. Juan P. del Castillo 13,682 0.0996

66. Edelwina Empaynado-Cruz 13,132 0.0956

67. Arturo S. Monzon 12,944 0.0943

68. Farmans Development, Inc. 12,747 0.0928

69. Nari Asandas 12,570 0.0915

70. John J. Melchor 12,217 0.0890

71. Antelope Enterprises, Inc. 11,978 0.0872

De Guzman-Cam, Brigida 11,978 0.0872

Purificacion B. Alfonso 11,978 0.0872

Luzviminda S. Villanueva 11,978 0.0872

72. Mercedes D. Panganiban 11,653 0.0849

73. Andrea Enrile Dimayuga 11,390 0.0829

74. Luisita Pronstroller 11,061 0.0806

75. Estrella R. Empaynado 10,626 0.0774

Alejandro Melchor III 10,626 0.0774

Michael Melchor 10,626 0.0774

76. Rufino Melo, Sr. 10,213 0.0744

Antonio Poblete 10,213 0.0744

77. Erodita R. Empaynado 9,949 0.0725

78. Isidora Y. Zalamea 9,777 0.0712

79. Nelida Adan 9,427 0.0687

80. Nelly Yu Uy 8,737 0.0636

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81. Paciano S. Dizon & Gertrudis

Henson-Dizon Foundation, Inc. 8,674 0.0632

82. Manuel G. Mapue 8,587 0.0625

83. Ligaya G. Mapue-Sicat 8,586 0.0625

84. Pocholo P. Poblete 8,509 0.0620

85. Lydia L. Celestino 8,398 0.0612

Oscar F. Tirona 8,398 0.0612

Querubin-Luna Development Corp. 8,398 0.0612

86. Lydia A. Palaypay 8,316 0.0606

87. Lydia B. Echauz 8,286 0.0603

88. Luz A. Juliano 8,136 0.0593

89. Cresenciano F. Mendoza and/or

Raymond R. Mendoza 7,992 0.0582

90. Cresenciano F. Mendoza and/or

Hadrian Ma. R. Mendoza 7,989 0.0582

Cresenciano F. Mendoza and/or

Ma. Melissa M. Domino 7,989 0.0582

91. Dante Calma 7,987 0.0582

92. Angela Mendoza 7,813 0.0569

93. Melanio C. Cruz and Juana G. Cruz 7,725 0.0563

Patria de los Reyes 7,725 0.0563

94. Hermenegildo Carlos L. Reyes 7,355 0.0536

95. Basilisa Rodriguez Salgado 7,287 0.0531

96. Intestate Estate of Emilio Gomez 7,219 0.0526

97. Manuela Evangelista 7,026 0.0512

98. Hector T. Africa 6,958 0.0507

Renato Y. Fuentes 6,958 0.0507

99. Remedios Vergel De Dios Antonio 6,872 0.0500

Lizette P. Poblete 6,872 0.0500

100. Antonio I. Habana 6,808 0.0496

Rita A. Aurelio 6,808 0.0496

Kindly acknowledge receipt for purposes of our record.

Very truly yours,

FAR EASTERN UNIVERSITY

ANGELINA P. JOSE Corporate Secretary cc: Philippine Stock Exchange, Inc.

Arsel Development Corporation File

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