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SIX WORLD-CLASS LUXURY RESORT DESTINATIONS, ALL YOURS TO ENJOY ON ONE SPECTACULAR ISLAND! BALESIN ISLAND CLUB

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S I X W O R L D - C L A S S L U X U R Y R E S O R T

D E S T I N A T I O N S , A L L Y O U R S T O E N J O Y

O N O N E S P E C T A C U L A R I S L A N D !

B A L E S I N I S L A N D C LU B

ABOUT US

Alphaland Corporation is a joint venture between the Ashmore Group, a private equity fund based in

London, with funds under management of about USD 50 Billion, and the RVO Capital Ventures Group.

We are unique in that we are very selective in the property development projects that we undertake. We

focus only on high-end and top-of-the-line projects.

We do not intend to be, and will never be, all things to all people

ALPHALAND - UNIQUE!

Balesin Island Club: Your Own Private Paradise

A destination of unmatched natural beauty located off the Eastern coast of Luzon in the Philippines,

Balesin Island is a 424 hectare tropical island paradise with 7.3 kilometers of pristine white sand

beaches. Located 35 kilometers northeast of Mauban, Quezon Province, Balesin is a quick 25-minute

plane ride from Manila, yet is a world completely unto itself. Alphaland Balesin Island Club is your

unique, members only, private leisure getaway – today and for generations to come.

Unequalled Member Privileges:

� 14 complimentary villa nights per year

� 180 hospitality suites (villas) in six themed villages

� Subsidized flights to and from Balesin Island on our own private planes

� Beach Clubhouse with a freshwater swimming pool and a saltwater swimming pool

� Main dining facilities serving seafood specialties

� Cafés and specialty restaurants in each of the six villages

� Luxurious destination spa

� Sports center with indoor tennis courts, an indoor basketball court, and much more

� Complete water sports facilities

� Equestrian facilities

� DTH satellite TV in each villa

� International mobile phone and internet communications

� Complete transportation infrastructure including a 1,500 meter paved runway, helipad,

island ferry station, and more

���22 - seat speedboat with maximum speed of 30 knots for those who prefer to go overland

Paradise is a Stone’s Throw Away

One of the great enigmas that face all exotic island destinations is – how do I get there? For Balesin Island

Club members, we have solved the problem for you – we've acquired our own aircraft to ferry you back and

forth on a regularly scheduled basis. A brand new Cessna Caravan, which has a powerful turbo jet engine,

takes you from the Manila airport to Balesin in 25 minutes. As a member, you are entitled to the luxury of your

own departure lounge and terminal through Balesin Island Club's personalized arrangements.

N

Balesin Island - A masterpiece of a resort master planned by EcoPlan of Florida, USA

With six authentically designed hospitality villages - the only concept of its kind worldwide - your

stay at Balesin Island Club is sure to be unique. Having taken inspiration from the most famous

and exclusive international vacation spots such as Mykonos, Costa Smeralda, St. Tropez, Bali,

Phuket, and of course, the Philippines, you can find yourself in a different world each time you

stay at Balesin Island.

View of Lamon Bay's stretch of white sand beach

Mykonos St. Tropez Costa Smeralda PhuketBali Balesin

A One of a Kind Experience

Each village will have its own beautifully landscaped pool as well as a specialty restaurant

which will offer a variety of culinary delights based on the theme of the village. All the villas

will be tastefully designed and decorated, allowing for panoramic vistas of the ocean and

woodlands.

Mykonos - Greek Islands

A vision in white and blue, Mykonos draws you in with its white washed houses, blue windows and

doors, narrow, winding streets, chapels, quaint restaurants and cafés. The village is a stunning

example of unique Cycladic cubic architecture set around a picturesque fishing bay. It is no surprise

that this island ranks among the best known and most desirable vacation spots worldwide. Which

is why we have chosen Mykonos as the inspiration for this village. Thirty destination villas built

in the Mykonos style of architecture will rise on Balesin Island, giving you a taste of Greece in the

Philippines, complete with a Greek café, should you have a craving for souvlaki.

St. Tropez - South of France

St. Tropez remains the favorite destination of high society; lovers of the sea; and history, art and heritage

iconic yachts along the quai and famed terrace cafés bustle with a steady stream of promenading

tourists, beautiful people, and slow-cruising luxury cars. Known as a playground for the rich and

Hollywood elite alike, St. Tropez is surrounded by seemingly endless white sandy beaches and enjoys

a gorgeous sunny climate. St. Tropez chic combined with our impeccable service makes a stay at

this village truly unforgettable. Thirty destination villas designed to give you an authentic feel of the

South of France and a crêperie make this part of Balesin Island your private French Riviera.

Costa Smeralda - Sardinia, Italy

When Jacques Couelle, member of the Costa Smeralda Consortium and one of the most celebrated

architects of the sixties, built the hotel Cala di Volpe in the most beautiful bay of the whole coastal

area, he created a new architectonic style which was then dubbed the "neo Sardininan" style. To

this day, all the projects and structures that are built on the coast are designed in such a way that

all developments blend and enhance the natural scenery and not mar it in any way. This continuous

harmony between sea, sand and sky will also be duplicated in this village with thirty destination

villas and an Italian café designed in the architectural style and ambiance of the Costa Smeralda.

Bali - Indonesia

Also known as the Land of the Gods, Bali is a mystical place that enchants through the sheer

natural beauty of its majestic volcanoes, beautiful white-sand beaches and lush terraced rice

fields that elicit a sense of wonder and peace with nature. This harmony with nature is embodied

in Balinese architecture, which strives to blend in with the surroundings through the indigenous

materials used as well as the design itself. The thirty destination villas of the Bali Village in Balesin

materials and elements reinterpreted by means of tropical landscape settings, generous open

spaces, swimming pools, water features, and courtyards with wooden decks.

Phuket - Thailand

Phuket is sometimes referred to as the “Pearl of the South”, a name justified by an abundance of

powdery white beaches, limestone cliffs, and crystalline, blue-green waters. The island itself offers

many different vistas to discover and enjoy – an experience that we will replicate in Balesin Island.

Phuket Village, located on the southernmost part of the island, will have villas that are overlooking

rugged cliffs above the sea, as well as villas fronted by a white sand beach. To complete the entire

experience, there will also be a café serving authentic Thai cuisine.

Balesin - Philippines

The Philippines is the second-largest archipelago in the world with over 7,000 beautiful tropical

islands. It is no wonder then that the country has a wealth of natural beauty and boasts some

of the best beaches and diving to be found anywhere in the world. Reflecting this, the thirty

destination villas of the Balesin Village will be conveniently located near the clubhouse, spa, and

the aquatic sports center. This will indeed be your home away from home, featuring the best of

everything the Philippines has to offer, including Philippine cuisine and indigenous architecture

with a modern touch.

Villas will have the following:

View of the beach close to the runway

There’s Something for Everyone

Do you love trekking or jogging through the forest,

fishing, and horseback riding just as much as lounging

on the beach with a good book and a cool drink? Enjoy

beach, and lifestyle amenities such as covered tennis

courts, basketball courts, and horseback trails; book

a session at the Zen - inspired spa villas; enjoy the

different culinary offerings at any of Balesin Island Club's

many restaurants; or just chill out and enjoy nature, the

spectacular views, and the majesty of the Pacific Ocean.

If you're more of a water sports enthusiast, we have a

full complement of aquatic sports to suit your fancy:

scuba diving, snorkeling, hobie cat sailing, jet skiing,

wakeboarding, kite boarding, wind surfing, you name it.

At Balesin Island Club, indulgence comes naturally.

View of the beach close to the Bali Village

Enjoy a Worry Free Holiday

Say goodbye to harried vacations. With hassle - free bookings and your own villa at Balesin

Island Club, you never have to worry about getting there, making reservations, or overnight

accommodations. Each village has round the clock service, redundant water and electricity

supplies, grounds maintenance, a fully - equipped clinic with a resident doctor, and a cellular

airplanes and boats make sure that you are back on the mainland in no time. Your safety

is ensured with our own security force and a detachment of the coastal guard permanently

stationed on the island. We have gone to great lengths in anticipating all the wants and needs

of our members to ensure that once you arrive at Balesin Island, you enter a world that is

designed to meet your every whim.

Complete Dining Experience

We have a complete array of dining options to whet your

appetite at Balesin Island. Choose from Greek, Thai, Italian,

French, Indonesian, Filipino, and many more cuisines

to satisfy your palate. Fish, crabs, and seafood freshly

caught from the waters around Balesin Island supply our

superb seafood restaurant where you can enjoy "kinilaw",

a local delicacy of raw seafood marinated in vinegar. You

can even go and pick your own fruits and vegetables for

your meals in our organic gardens and vegetable farm.

Whether you choose to dine in our restaurants, or have

a meal in the privacy of your villa, or have a picnic on the

beach, you will never run out of choices.

M ind, Body and Soul

Combining holistic treatments from all over Asia, the Spa at Balesin Island was created

with your well-being in mind. Rejuvenate with the help of our in-house therapists who will

prepare a treatment plan customized to your needs and wishes. Relax and be pampered

in any of our impeccably designed treatment villas. Recover from everyday stress and

let your mind, body, and soul embark on a sensorial journey of health and well-being that

can only be found here at Balesin. You are the center of attention in our spa. Whether

you want to detoxify, improve your health, or simply just indulge yourself, Balesin Island

Club is here to make it all possible for you.

Freshwater lake

Frangipani flower

View of the beach in front of the clubhouseView of the beach close to the Phuket Village

View of the beach close to the Mykonos Village

View of the beach close to the Bali Village

Beautifully Sustainable

Verdant, lush, tropical, and a marine sanctuary: this

is Balesin Island. Masterfully planned by EcoPlan of

Miami, Florida, Balesin Island Club was designed with

the environment uppermost in mind and to be in perfect

harmony with its natural surroundings. There are no cars

allowed anywhere on the island aside from electric golf

carts. Water harvesting and recycling, proper sewage

treatment with 80% water recycling, double piping system

water supply, a reverse osmosis plant, on-site eco friendly

transportation, organic farming, and alternative sources

of energy reduce the amount of waste and ensure

sustainable development on this beauty of an island –

without scrimping on luxurious, top-notch facilities.

Bougainvillea flowerHardwood forest

Rainy Days

Waking up to the sound of rain drumming on the roof usually makes you want to curl up

in bed, read a good book, or watch the latest movie. But at Balesin Island, our wealth of

rainy day activities will make it difficult for you to just stay in your villa. How about a game

of tennis or basketball in our covered courts or spending the day in our internet café or Wii©

rooms? Billiards, video arcades, KTV rooms, table tennis, and a lot more will keep your

whole family entertained for hours. Our spa complete with Yoga sessions, massage, steam

rooms, and whirlpools will leave you relaxed, rejuvenated, and ready for the next day on this

island paradise.

ABIC brochure FINAL.indd 38-39 6/13/11 7:37 PM

Unrivalled Service Meets Total Independence

At Balesin Island Club, you dictate the flow of your stay.

Your schedule is yours to make, and is facilitated by a

helpful and dedicated staff who are at your disposal

whenever you need them. So go ahead: have that

barbecue, and ask for some assistance from the

of activities for you and your family to enjoy. And

when you decide to walk along the shore for some

sea, and a sense of freedom only Balesin Island Club

can give you.

Villas, Facilities, and Amenities

VILLAS

� 180 Hospitality Villas, 30 per Village

CLUB HOUSE

� Freshwater Pool

� Floating Saltwater Pool

� 2 Outdoor Whirlpools

� Children's Swimming Pool

� Children's Playground

� Pool Bar

� Sundeck

2 Private Dining Areas

SPA

Thalasso Therapy

Seawater Pool

� Whirlpool

SPORTS CENTER

� 2 Covered Tennis Courts

� Basketball Court

� 3 Badminton Courts

� Table Tennis Room

� © Room

2 KTV Rooms

� Salon

� Library

� Rock Climbing Wall

� Zip Line

Health Bar

AQUATIC SPORTS CENTER

� Jet Skiing

Water Skiing

� Wakeboarding

� Diving

� Snorkeling

� Kite Boarding

� Kayaking

� Sailing (Hobie Cat)

EQUESTRIAN CENTER

� Horse Stables

Dressage Arena

Veterinarian Center

SUSTAINABLE GROWTH CENTERS

� Vegetable Gardens

� Livestock Farm

TRANSPORTATION INFRASTRUCTURE

� 1,500m Paved Runway

� Covered Hangars

� Helipad

� Port

� Island Ferry Station

� Biking Trails

� Horseback Riding Trails

Airplanes

Boats

Golf Buggies

OTHERS

� Lighthouse Bar

� Camp Site

� Migratory Bird Watching

� Honeymoon Island

� Beach Club

� Internet & Smart Cell Tower

Beachfront area of the Balesin clubhouse

2011

Start of construction of Clubhouse, Spa, Balesin Village, Sports Center, and Equestrian Center.

Western half of runway is now operational to the Cessna Grand Caravan, helicopters, and other light aircraft.

Completion of Balesin Welcome Area.

Start of construction of Mykonos Village.

Start of construction of Equestrian Center.

Beginning of site development of Phuket Village.

Start of construction of Phuket Village.

Start of construction of St. Tropez, Costa Smeralda, and Bali Villages.

Partial completion of runway freshwater lakes.

Completion of the Clubhouse, Sports Center, Equestrian Center, and Phase 1 of the Villages.

Completion of the entire 1,500m concrete runway.

Completion of prime Genset Powerhouse and Distribution System.

Completion of Water Cisterns and Distribution System.

MAY

AUG

DEC

JUN

JUL

2012

Completion of Balesin Village.

Completion of Mykonos Village.

Completion of Phuket Village.

Completion of St. Tropez Village.

MAY

DEC

JUN

SEP

2013

FEB

JUN

Completion of Costa Smeralda Village.

Completion of Bali Village.

Master Timetable for Balesin Island Club

2010

Alphaland Corporation signed a Memorandum of Agreement with Balesin Corporation for the acquisition of its property located on the Balesin

Island, Polillo, Quezon. Alphaland intends to develop a resort community to be known as Alphaland Balesin Island Resort.

Incorporation of Alphaland Balesin Island Resort Corporation (ABIRC) as a wholly-owned subsidiary of Alphaland Corporation.

Joel Jones of Ecoplan, one of the world's top Eco Master Planners, completes the Master Plan for Alphaland Balesin Island Club.

Balesin Island is declared a Tourism Zone.

Purchased Landing Craft Transport (“LCT Balesin”) as logistical support for transport of equipment, construction materials and other requirements.

Completed the Jetty in Balesin to accept deliveries on board “LCT Balesin”.

Delivered 18 units of construction heavy equipment to the island to start airstrip grading and paving.

Began initial grading of the 1,500m runway.

Engaged the services of Arch. Conrad T. Onglao for the design of the Main Clubhouse, Spa facilities, Balesin, Phuket, and Bali Villages.

Engaged the services as well of Arch. Jorge Yulo for the design of Mykonos and Costa Smeralda Villages.

APR

MAY

JUL

AUG

SEPT

OCT

NOV

DEC

2011

Permit to Offer Securities for Sale issued by the Securities and Exchange Commission (SEC).

Initiated the laying down of Geo-cells, which serve as a mechanical soil stabilizer of in-site materials. This serves as foundation for the runway

pavement.

Delivered the concrete batching plant during the 1st week of March. On the 2nd week, a 20,000 gallon per day desalination plant, as an alternative

water source, was delivered. Cement delivery also started on the 2nd week of March.

Engaged the services of Arch. Paulo Alcazaren of PGAA for overall landscaping.

Started deliveries of construction materials for the building structures – Clubhouse, Spa, and Villages.

Completed the design development for the Clubhouse, Spa, Sports Center, Equestrian Center, Balesin Village and Mykonos Village.

Delivered the Cessna Grand Caravan to provide air ferry service for Balesin Island.

Completed the “Sala” for the Balesin Village which serves as the temporary lounge for guests making/conducting a day trip to the island.

Beginning of Site Development of Balesin Hangar, infrastructure & Warehouse Facilities.

Engaged the services of Architect Carmelo Casas for the design of St. Tropez Village.

FEB

MAR

APR

This material is for announcement purposes only. It is intended primarily to provide a general reference for the Balesin Island Club

development. The photographs of houses that have been made a part of this material are mere representations of the architectural

style that has been envisioned for the residential communities that will be developed in the Balesin Island Club complex. Details of

the master plan are only indicative of intended dimensions and sizes. This material therefore does not constitute part of an offer

or contract. While the details shown herein were prepared with utmost care and are presented in good faith, interested parties are

encouraged to verify their correctness and subsequent changes, if any. In the Developer’s continuing effort to meet the challenge of

product improvement, the Developer reserves the right to modify or change plans and specifications without prior notice.

OUR LANDSCAPE ARCHITECT

PAULO G. ALCAZAREN AND ASSOCIATES (PGAA)

The firm is headed by Paulo Alcazaren, a member of the Philippine, Singapore, and American Societies of Landscape Architects. PGAA has won design awards in Malaysia and Singapore and

has a track record of over two dozen hotel and resor t developments including proper ties operated by international hotel and resor t chains like Banyan Tree, Intercontinental, Shangri-La, Hyatt,

Marriot, Holiday Inn, Sofitel, and Le Meridien. PGAA has designed and completed over 200 projects in Singapore, Malaysia, Indonesia, Myanmar, Vietnam, Brunei, China, Bahrain, the Kingdom

of Saudi Arabia and the Philippines. Alcazaren brings to this project a distinguished and nuanced style as well as solid exper tise in sustainable tropical landscape design.

OUR SPA CONSULTANT

SPA PROFESSIONALS - HEADED BY CATHERINE BRILLANTES-TURVILL AND DR. CHARLES SUTTER

Cathy is an internationally licensed therapist. She has also been a training and organization development practitioner for the past 29 years. Cathy was the 2004 Founding President of the

Philippine Spa Association and is a graduate of the Executive Spa Development Course conducted by Cornell University in Singapore. She is a Board Member of PHILTOA: Philippine Tour

Operators Association, TIEZA: Tourism Infrastructure & Enterprise Zone Authority and the Singapore based Asia Pacific Spa & Wellness Council.

Charles is a French Medical Doctor whose passion lies in spa development and operations. He is also the Managing Director of Asmara, Inc. which operates spas in several hotels and resorts,

and offers spa consulting services. Charles moved to the Philippines in 1992 and is a pioneer of the spa industry, as well as a founding member of the Spa Association of the Philippines. He has

been involved in setting up and operating spas internationally.

Our Master Planner and Architects

OUR MASTER PLANNER

ECOPLAN

EcoPlan's por tfolio of work spans 24 countries, with an emphasis on the Southeastern United States, Caribbean and Latin American regions. In each project, EcoPlan's

goal is to develop creative solutions, while pursuing the highest level of ecological sensitivity possible. Having worked on most projects with multi-disciplinary teams,

EcoPlan understands the impor tance of working with exper ts in other related fields to bring about the best possible solution for both the client and the environment.

Some of their more notable projects include: Four Seasons Papagayo, Anassa Resor t in Cyprus, Pamushana Safari Camp in Zimbabwe and Isla Del Rey in Panama.

OUR ARCHITECS

C.T. ONGLAO ARCHITECTS

Established in Los Angeles over 17 years ago, C.T. Onglao Architects' strength lies in the authenticity of Managing Director-Principal Designer Conrad Onglao's East-

West imagery and his exposure to and personal involvement in the work of many of the most impor tant designers on the West Coast, now acknowledged as the

center of design in the United States. The firm's staff of architects and designers share a common goal of design excellence, attending meticulously to every project's

requirements down to the minute details.

JORGE YULO ARCHITECTS

Jorge Yulo is the Principal of Jorge Yulo Architects, whose works in modern and abstract design have been met with enthusiasm from local designers. In the USA, he

worked in the office of Cabrera/Barricklo Par tnership in New York and in the Philippines worked with the firm of Leandro Locsin and Par tners.

Yulo earned his Bachelor of Ar ts Degree majoring in painting from Hampshire College and a minor in interior design from the University of Massachusetts. He acquired

his Master of Architecture degree from Rennselear Polytechnic Institute in New York. He also has a Master in Entrepreneurship degree from the Asian Institute of

Management. He is a lecturer and professor at the College of Architecture, University of Santo Tomas, Philippines.

CASAS+ ARCHITECTS

One of the leading Architectural firms in the country with over 20 years of international and local experience in the field of Architecture. The firm's principal, Architect

Carmelo Casas, earned his Bachelor's degree in Architecture from the University of Santo Tomas in 1976 and passed the National Board Examination in 1978, placing

7th in the Top 10. From there, he became involved in several international projects in Asia such as the Harbour City projects in Hong Kong.

In 1988, he co - founded RECIO + CASAS which was responsible for several major projects across Asia such as First Pacific Bank in Hong Kong, Mandarin Hotel Macau,

Thailand's Stock Exchange Building, Phuket Yacht Club, Pacific Plaza in the Philippines, and the Queen's Park Casa by Land & House. The firm then later changed its

name to CASAS+ Architects.

For Inquiries Contact:

T: +632.302.5742

E: [email protected]

M: +63.917.882.5742

Corporate Address: 9th Floor, Alphaland Southgate Tower, 2258 Chino Roces Ave (Pasong Tamo) corner EDSA

www.balesin.com

Your Own Private Paradise

B A L E S I N I S L A N D C LU B