AND OWNERS AND HOLDERS OF AMERICAN DEPOSITARY SHARES Deposit Agreement Dated as of ___________, 2013 DEPOSIT AGREEMENTDeposit Agreement • July 17th, 2013 • Bank of New York / Adr Division • American depositary receipts • New York
DEPOSIT AGREEMENT dated as of __________, 2013, among SM INVESTMENTS CORPORATION, a company incorporated under the laws of the Republic of the Philippines (herein called the Company), THE BANK OF NEW YORK MELLON, a New York banking corporation (herein called the Depositary), and all Owners and Holders from time to time of American Depositary Shares issued hereunder.
