MACTAN ELECTRIC COMPANY

Mactan Electric Company, Inc. (MECO) was incorporated and registered with the Securities and Exchange Commission (SEC) on January 24, 1967. MECO is primarily engaged in the business of electric power distribution. MECO is serving its franchise areas in Lapu-Lapu City, which includes Olango Island and the Municipality of Cordova, with 69,512 connections classified into four (4) Schedules of customers namely: Schedule 4 (residential), Schedule 3 (commercial, public buildings and street lightings, Schedule 2 ( Below 1MW),Schedule 1 (1 MW above) .

Also known as: Mactan Electric Company Inc.