EDC Declares Cash Dividends

Pasig—(PHStocks)—The board of directors of Energy Development Corp. (PSE: EDC) approved the declaration of a cash dividend of PhP0.0008 per share on the preferred shares in favor of preferred stockholders of record as of 23 March 2016 and the declaration of a cash dividend of PhP0.14 per share on the common shares in favor of common stockholders of record as of 23 March 2016.

Both dividends are payable on or 12 before April 2016.