First Gas Power Corporation ENGINEER I INSTRUMENTATION AND CONTROL (I&C) SECTION

JOB CODE NO.: HO11008 Job Description: Assist in planning, organizing, monitoring and evaluating the specifications, design, installation, and commissioning of all instrumentation and control projects and programs across all First Gen plants. Conduct or assist in supervising the testing of newly procured, installed, repaired, overhauled I&C instruments and systems to ensure its quality and reliability. Accomplish documentation/evaluation of all completed projects. Recommend improvements in work instructions/procedures related to I&C systems. Recommend option to solve I&C maintenance problems upon proper evaluation and following prudent maintenance practices and Company standards. Coordinate with other functional groups for the safe and efficient implementation of I&C activities when assigned in preventive / corrective maintenance work, semi-annual / annual preventive maintenance activities, and minor / major overhauling works. Evaluate and recommend new system design or revisions for the improvement of plant operations and maintenance systems. Professional Qualification: Registered Electronics and Communications Engineer

Our Company First Gen Corporation (First Gen) is the leading clean and renewable energy company in the Philippines with an installed capacity of 2,833 megawatts (MW). It accounts for approximately 18.2 percent of total installed capacity in the country today. First Gen was incorporated in December 1998 to become the primary holding company for the power generation and energy-related businesses of the Lopez Group. First Philippine Holdings Corporation (FPHC), parent and controlling shareholder of First Gen, became involved in the power generation industry in 1993 through its first major investment in power generation, Bauang Private Power Corporation (BPPC). On July 26, 2010, BPPC turned over its 225-MW diesel bunker power plant to the National Power Corporation / Power Sector Assets and Liabilities Management Corporation following the expiration of the 15-year Cooperation Period covering the project. The Bauang power plant was constructed pursuant to a Build - Operate - Transfer (BOT) Agreement executed by and among Napocor, BPPC and First Private Power Corporation (FPPC) in 1993. Located in Bauang, La Union, the plant is considered to be the largest bunker diesel power plant in the world, with a 235-MW (21 engines) installed capacity in a single location. BPPC is owned by FPPC (93 percent) and Philamlife (7 percent) (now Chartis Philippines Insurance, Inc.). FPPC is in turn owned by First Gen Corporation (40 percent), Meralco (40 percent), and JG Summit Holdings, Inc. First Gen's assets comprise the 1000-MW Santa Rita and 500-MW San Lorenzo natural gas-fired power plants, the 132MW Pantabangan-Masiway Hydroelectric Complex, and the 1.6-MW Agusan mini-hydro power plant. In November 2007,

First Gen acquired a 60 percent controlling stake in Philippine National Oil Company - Energy Development Corporation (PNOC-EDC), now known as Energy Development Corporation (EDC). In September 2009, First Gen affiliate EDC, through its indirect wholly owned subsidiary Green Core Geothermal Inc., won the PSALM bidding for the 192.5-MW Palinpinon and 112.5-MW Tongonan geothermal power plants for US$ 220 million. On October 23, 2009, Green Core formally acquired these two plants. Green Core paid US$ 88 million or 40 percent of the purchase price, upon turnover of the plants. The remaining US$ 132 million plus interest was paid on December 15, 2009. On May 5, 2010, EDC subsidiary Bac-Man Geothermal Inc. won the PSALM bidding for the 150-MW Bacon-Manito geothermal power plants in Bicol. First Gen ranked 12th in gross revenues and 24th in net income among BusinessWorld's Top 1000 Corporations in the Philippines (with consolidated financial statements) in 2008. As a world-class energy company, First Gen's Management System was granted an ISO 9001:2000 (Quality Management) certification in 2004.

Power Industry In 2001, the Government enacted Republic Act No. 9136, otherwise known as the Electric Power Industry Reform Act (EPIRA), which set out major reforms in the power industry. The EPIRA aims to deregulate and restructure the power industry with the goal of increasing competition and attracting more private sector investments. The heightened competition is envisioned to increase efficiencies in the industry that will eventually redound to the benefit of the endconsumers. To achieve this, EPIRA mandated the restructuring of the Philippine electric power industry into four sectors: Generation, Transmission, Distribution and Supply. Existing Industry Structure Future Industry Structure

Renewable Energy Law The Renewable Energy Act of 2008 or Republic Act 9513 was signed into law on December 16, 2008 and became effective on January 30, 2009. This landmark law aims to accelerate the development and use of the country's vast renewable energy resources through fiscal and non-fiscal incentives for investors. Among these incentives are seven-year income tax holidays for RE developers, exemption from VAT and duty-free importation of equipment and machinery, reduction of corporate income tax after the expiry of the income tax holiday to 10% of net income as well as a zero percent VAT rate for the sale of power from RE. The law also seeks to institutionalize a Renewable Portfolio Standard requiring the country's electric utilities to obtain a certain portion of their electricity from clean, indigenous renewable energy sources. This mechanism is intended to promote the rapid development of these resources. Official DOE estimates of RE potential in the country are: 4,406.56 MW for geothermal energy; 76,600 MW of potential installed capacity for wind resources (in a 10,000-square kilometer area); 147 MW for hydro applications in Visayas; 1,784 MW for mini-hydros from 888 sites; an annual potential average of 5.0-5.1 kWh/m2/day from solar power

Our History First Gen was incorporated on December 22, 1998 as a subsidiary of one of the oldest and largest conglomerates in the Philippines, First Philippine Holdings Corporation (FPHC). FPHC's interests include power generation and power distribution through a 6.6 percent effective ownership interest in Manila Electric Company (Meralco). FPHC is also into infrastructure, manufacturing and property development. Although First Gen was established only in 1998, it traces its roots back to FPHC's pioneering power development efforts in 1993. That year, FPHC won the bid to design, build, and operate the 225-MW Bauang power plant under a buildoperate-transfer (BOT) scheme. This was done through First Private Power Corporation (FPPC) which was formed by FPHC. FPPC was established by FPHC, Meralco, PCI Capital and JG Summit in October 1992 for the specific purpose of developing power projects to support the state-owned National Power Corporation's (NPC) "fast-track" development program. FPPC, subsequently, established BPPC to directly undertake and implement the Bauang power project. On July 26, 2010, First Gen formally transferred the Bauang power plant to Napocor following the expiration of First Gen s BOT contract with Napocor. In November 1994, following the discovery of large reserves of indigenous natural gas in the Malampaya field in offshore Palawan, FPHC partnered with BG Energy Holdings, Ltd. (BGEH), a subsidiary of BG Group, to develop natural gas projects in the Philippines using natural gas from the Camago-Malampaya field. For this purpose, they jointly established First Gas Holdings Corporation (FGHC). The first joint venture project between FPHC and BGEH was the 1000-MW Santa Rita power plant. First Gas Power Corporation (FGPC), a wholly owned subsidiary of FGHC, was incorporated to directly undertake the Santa Rita project. Santa Rita is 60 percent owned and controlled by First Gen through its 60 percent ownership of FGHC. The remaining 40 percent is held by BGEH's Philippine subsidiary, BG Consolidated Holdings (Philippines), Inc. (BGCH). In 1997, FPHC and BGEH incorporated FGP Corp. (FGP), the joint venture company to undertake the development, financing and construction of the 500-MW San Lorenzo power plant. Like Santa Rita, San Lorenzo was established to utilize natural gas from the Malampaya field, its primary fuel source. San Lorenzo is 60 percent owned and controlled by First Gen through Unified Holdings Corporation (Unified). The remaining 40 percent is held by BGCH's wholly owned

subsidiary, BG Philippines Holdings, Inc. Together, Santa Rita and San Lorenzo provide the market for more than half of the natural gas produced by the CamagoMalampaya field. In 2001, the Lopez Group made a decision to consolidate all of its power and energy investments in one entity and, as a result, FPHC transferred its power generation interests and investments to First Gen. In 2004, First Gen won a bid to purchase the 1.6-MW Agusan mini-hydro power plant located in Bukidnon. The Agusan asset was formally transferred to First Gen in 2005 and eventually to the company established to operate the assets, FG Bukidnon Power Corporation (FG Bukidnon), in 2006. In 2006, First Gen, through First Gen Hydro Power Corporation (FG Hydro) successfully won the bidding for the 112-MW Pantabangan-Masiway Hydroelectric Complex. The plant was turned over to First Gen in the same year. In 2007, First Gen, through its subsidiary Red Vulcan Holdings Corporation, won the bid to acquire a 60 percent controlling stake in Philippine National Oil Company-Energy Development Corporation (PNOC-EDC), the world's second and the country's largest producer of geothermal energy. PNOC-EDC was later renamed Energy Development Corporation (EDC). In 2008, the Board of Directors of First Gen approved the sale of 60 percent of FG Hydro to EDC. Sixty percent of FG Hydro's equity value represented approximately USD105 million. In the second quarter of 2009, Prime Terracota, the former subsidiary that indirectly holds First Gen's interest in EDC, issued a number of Class "B" voting preferred shares to Lopez Inc. Retirement Fund and Quialex Realty Corporation such that First Gen's voting interest in EDC was reduced to 27 percent. Nonetheless, First Gen's economic interest in EDC continues to be 40 percent. Our Partners We are committed to enhancing our position as the leading Filipino energy company and the preferred partner in nation building in the areas of energy and power project development. Together with our partners, we are committed to developing, financing, constructing, operating and maintaining our investments to become a global leader in the energy industry. Combining our strengths and skills with our partners, experience, management and technical expertise, we aim to rise to the challenges of world-class competition. Our Pioneering Efforts The 1000-MW Santa Rita and 500-MW San Lorenzo Power Plant Projects formed the major cornerstone of the Malampaya Gas-to-Power Project. This gas-to-power project is the largest single industrial investment in the history of Philippine business, requiring total investments of approximately US$ 4.5 billion. This paved the way for the birth of the natural gas industry in the Philippines. For the Santa Rita project, underwritten commitments in excess of 700 percent of the amount requested were obtained. The financing commitments came from a diverse group of lenders led by Export Credit Agencies (ECAs), multilateral, bilateral, institutional investors and local banks (FCDUs). Despite the Asian economic crisis, the San Lorenzo Project was able to financially close in less than six months, considered as one of the fastest deals; with underwriting commitments reaching 500 percent of the amount requested. Both the Santa Rita and San Lorenzo plants use the Siemens V84.3A combined cycle gas turbine technology, one of the most advanced and efficient gas turbines available in the market today. First Gas is the first independent power producer (IPP) in the world to utilize condensate fuel on a commercial basis. The First Gas plants have the capability to switch to liquid fuel as a backup during any gas supply interruption.

First Gas Pipeline Corporation (FGPL), meanwhile, constructed the first onshore gas transmission pipeline in the Philippines - the eight-kilometerTabangao-to-Santa Rita pipeline that brings natural gas from Shell's gas-processing plant in Tabangao to Santa Rita and San Lorenzo. First Gen is also poised to be the leader in the development of the downstream natural gas industry. It holds, through its subsidiary, FGPL, the only specific legislative franchise to own, construct, install, and operate a natural gas transmission and distribution pipeline system in Luzon, the largest island in the Philippines. In the future, First Gen intends to play an active role in the construction of the pipeline infrastructure necessary to bring natural gas to Metro Manila and neighboring provinces and cities. Initially, this pipeline will transport natural gas as fuel for power generation and eventually for industrial, commercial, and even residential use. Our Commitment First Gen constantly strives to meet the various needs of its consumers and is committed to be the preferred provider of energy services. As a responsible energy company, we use mainly indigenous, clean and renewable energy sources for our power plants. The company is also committed to enhancing the competitiveness, quality and reliability of its products and services. To this end, we constantly seek opportunities to develop, finance, construct power projects; as well as operate and maintain our businesses with the ultimate goal of delivering superior services to our customers. Our World-Class Management Our management team is composed of young, talented, dynamic, and highly motivated individuals who demonstrate active leadership and commitment to the company's goal of enhancing its position as the leading Filipino energy company. Members of the management team have impressive educational and work-related credentials and are experts in their own fields. Most have postgraduate degrees from some of the best universities in the world, including Harvard, Wharton, Kellogg, and the Asian Institute of Management. They have collective work experience in the fields of management consulting, project development, and investment banking, among others.

Our Commitment to our Investors First Gen is one of the country s largest IPPs and is the largest pure power play company to successfully undertake and complete an initial public offering (IPO) of its common shares on the Philippine Stock Exchange (PSE) in February 2006. To fulfill our commitment to our shareholders, we constantly strive to grow our business and enhance shareholder value by proactively pursuing opportunities and subjecting these to a diligent analysis of the risks and rewards. While we remain focused on the core power generation business and expanding our portfolio through Greenfield development projects and acquisitions, we are also equipped and poised to develop other viable energy-related business opportunities such as natural gas transmission and distribution, and geothermal exploration and drilling services through our subsidiary - EDC. Our Quality Systems We ensure that our operations comply with international standards for quality, environment, safety and health (QESH). Our Company's policies and procedures are designed to enable our organization to properly implement and continually improve our QESH management systems. These are also designed to prevent or mitigate potential environmental, safety and health risks. We also integrate our QESH management systems into each of our employees' duties and responsibilities. In December 2003, First Gen, FGPC (Santa Rita), FGP (San Lorenzo) and BPPC (Bauang) achieved full Integrated Management Systems (IMS) certification. This confirms compliance with ISO 9001:2000 (Quality Management), ISO 14001:1996 (Environmental Management) and OHSAS 18001:1999 (Occupational Health and Safety Management) across the organizations. In November 2006, FG Bukidnon Mini-Hydro plant was certified for compliance to ISO 9001:2000 (Quality Management), ISO 14000 (Environmental Management), and OHSAS 18000 under IMS certification. As of 2008, these plants have maintained their certifications. Mission / Vision Statement

VISION First Gen desires to enhance its position as the leading world-class Filipino energy company. First Gen aims to deliver cost-effective and reliable energy services to customers. First Gen will rise to the challenges of world-class competition. MISSION TO BE THE PREFERRED PROVIDER: We are committed to be the preferred provider of energy services. In performing our role as the preferred provider, we will acquire, develop, finance, operate, and maintain our investments with the singleminded focus on delivering superior services to our customers. TO BE THE PREFERRED EMPLOYER: We are a company of talented, dynamic, highly motivated, and fun-loving individuals. We provide a work environment that encourages innovative and entrepreneurial employees to build our business. We retain and attract talent by offering competitive benefits and compensation packages as well as professional development. TO BE THE PREFERRED INVESTMENT: We strive to grow the business and enhance shareholder value by proactively pursuing opportunities and subjecting these to a diligent analysis of risks and rewards. We remain focused on our core power generation business while developing and seeking other viable energy-related business opportunities. We value our relationships with our investors and partners, and demonstrate this through good governance, transparency and professionalism. TO BE THE PREFERRED PARTNER: We aim to be the preferred partner in nation-building and community development. We are committed to the fulfillment of our social, ethical, environmental, and economic responsibilities.

ISO 9001:2000 specifies requirements for a quality management system where an organization 1.needs to demonstrate its ability to consistently provide product that meets customer and applicable regulatory requirements, and 2.aims to enhance customer satisfaction through the effective application of the system, including processes for continual improvement of the system and the assurance of conformity to customer and applicable regulatory requirements. All requirements of this International Standard are generic and are intended to be applicable to all organizations, regardless of type, size and product provided. Where any requirement(s) of this International Standard cannot be applied due to the nature of an organization and its product, this can be considered for exclusion. Where exclusions are made, claims of conformity to this International Standard are not acceptable unless these exclusions are limited to requirements within clause 7, and such exclusions do not affect the organization's ability, or responsibility, to provide product that meets customer and applicable regulatory requirements.