(24 October 2007. Pasay City Philippines.) SM Prime Holdings, Inc. (“SM Prime�?) opened Friday, 19 October 2007, the third annex of its SM City Pampanga, one of the largest malls in Central Luzon. The newest annex adds 17,439 square meters (sqm.) of gross floor area (GFA) to the main mall. Two previous annexes were built in 2002 and 2003. With the opening of Annex 3, SM City Pampanga now has a total GFA of 128,089 sqm. and a total building length of 890 meters long or almost one kilometer.

SM Prime President Mr. Hans Sy said: “Our continued expansion in Pampanga is testimony to its strong local economy. Its proximity to Metro Manila and Subic, combined with its international airport in Clark Special Economic Zone makes the province an ideal regional gateway and hub.

Its diverse and refined cuisine is also a source of great pride for its people, giving it an additional attraction to its visitors. All these contribute to heightened ‘malling’ activities in the area and pushed us to further expand SM City Pampanga.�?

SM City Pampanga’s Annex 3 has 14,025 sqm. of gross leasable area (GLA) and will have among others, restaurants such as The Aristocrat and Flavours of China, and apparel shops Kipling, Von Dutch, Tribal, BYSI Boutique, Celine, Celio, among others. Specialty shops include Davids for Rever, SF-QI Wellness Holistic Spa, and Hearts and Arrow. It will also provide an additional 9,700 sqm. by next year to house a call center.

The mall has anchor tenants SM Department Store and SM Supermarket, along with junior anchor stores such as ACE Hardware, Our Home, SM Appliance Center, Toy Kingdom, Watsons, SportsCentral, and Surplus Shop. It also has six cinemas and a food court.

For the rest of 2007, SM Prime is scheduled to inaugurate SM Taytay, SM Muntinlupa, and the strip mall San Miguel by the Bay at the Esplanade fronting the SM Mall of Asia Complex. SM Prime is also currently expanding SM City Cebu.

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For further inquiries:

Mr. Jeffrey C. Lim
Executive Vice President 
SM Prime Holdings, Inc.
Email: [email protected]
Tel no: 831-1000 loc. 1401