COVER SHEET P W - 1 0 2 S.E.C Registration Number M A N I L A E L E C T R I C C O M P A N Y (Company's Full Name) L O P E Z B U I L D I N G , P A S I G C I T Y O R T I G A S A V E N U E , (Business Address: No. Street City / Town / Province) ATTY. ANTHONY V. ROSETE 1622-3186 Contact Person Company Telephone Number 1 2 - 3 1 Month Day 1 7 - C FORM TYPE Fiscal Year 0 5 2 6 Month Day Annual Meeting Secondary License Type, if Applicable Dept. Requiring this Doc. Amended Articles Number/Section Total Amount of Borrowings Total No. of Stockholders Domestic To be accomplished by SEC Personnel concerned File Number Document I.D. LCU Cashier STAMPS Remarks = pls. use black ink for scanning purposes Foreign SECURITIES AND EXCHANGE COMMISSION SEC FORM 1717-C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. Date of Report: May 26, 2009 2. SEC Identification Number: PW-102 3. BIR Tax Identification Code: 350-000-101-528 4. Name of Issuer as specified in its Charter: Manila Electric Company 5. Country of Incorporation: Philippines 6. Industry Classification: (SEC use only) 7. Address of principal office: Lopez Building, Ortigas Avenue, Pasig City 8. Issuer’s telephone numbers: 16220 local 3186 Area Code: 0300 9. Former name or former address: Not Applicable 10. Securities registered pursuant to Sections 18 and 12 of the SRC or Sections 4 and 8 of the RSA: Number of Shares of Common Stock Outstanding 1,114,502,085 (As of April 30, 2009) Amount of Debt Outstanding: P120.121 Billion (as of March 31, 2009) 2 11. Item Number reported: Item 3, & 4 Item 3. Appointment of External Auditors At the Annual Meeting of Stockholders held today, May 26, 2009, the stockholders appointed Sycip, Gorres, Velayo & Company (SGV) as the Company’s external auditors. Item 4. Election of Registrant’s Directors and Officers At the said annual stockholders’ meeting, the following were elected directors for the ensuing year and until their successors are elected and qualified: 1. Manuel M. Lopez 2. Ramon S. Ang 3. Jose P. De Jesus 4. Ray C. Espinosa 5. Estelito P. Mendoza 6. Napoleon L. Nazareno 7. Alan T. Ortiz 8. Retired Chief Justice Artemio V. Panganiban (Independent Director) 9. Manuel V. Pangilinan 10. Vicente L. Panlilio (Independent Director) 11. Mario K. Surio During the organizational meeting of the newly elected members of the Board of Directors also held on May 26, 2009 immediately after the annual stockholders’ meeting, the Board elected the following corporate officers: Name Manuel M. Lopez Ramon S. Ang Jose P. de Jesus Simeon Ken R. Ferrer Betty Sy Ricardo V. Buencamino - Roberto R. Almazora - Leonisa C. de la Llana Rafael L. Andrada - Angelita S. Atanacio - Ruben B. Benosa - Rank & Position Chairman & Chief Executive Officer Vice Chairman President & Chief Operating Officer Corporate Secretary & Compliance Officer Chief Finance Officer Executive Vice President, Head, Networks Senior Vice President, Head, Customer Retail Services Senior Vice President, Head, Human Resources and Corporate Services First Vice President, Treasurer & OIC Information Disclosure Officer Vice President, Head, Organization Planning & Development Vice President, Head, Corporate Logistics Office 3 Ruth B. David - Rustico C. de Borja, Jr. - Helen T. de Guzman Ivanna G. de la Pena - Nixon G. Hao - Fortunato C. Leynes - Martin L. Lopez - Miguel L. Lopez - Leonardo V. Mabale - Redentor L. Marquez - Anthony V. Rosete Ruben A. Sapitula - Manolo C. Fernando - Vice President, Head, Central Business Area Vice President, Head, Sub-transmission Services Vice President & Comptroller Vice President, Head, Regulatory Management and Utility Economics Vice President, Head, Energy Management Vice President, Head, North Distribution Services Vice President, Chief Information Officer Vice President, Head, Corporate Marketing Vice President, Head, North Business Area Vice President, Head, Customer Relations Mgt. Office Vice President, Head, Legal, Assistant Corporate Secretary, & Information Disclosure Officer Vice President, Head, Human Resources Administration Senior Assistant Vice President, Assistant Treasurer, & Head, Treasury Operations The Board also designated the respective Chairmen and Members of the standing committees of the Board of Directors as follows: 1. EXECUTIVE COMMITTEE Chairman Members Secretariat : Manuel V. Pangilinan : Manuel M. Lopez Ramon S. Ang Vicente L. Panlilio Artemio V. Panganiban : Francis H. Jardeleza Ma. Lourdes Rausa-Chan 2. NOMINATION & GOVERNANCE COMMITTEE Chairman Members Secretariat : Artemio V. Panganiban : Napoleon L. Nazareno Elpidio L. Ibañez (Non-Director) Estelito P. Mendoza : Francis H. Jardeleza Ma. Lourdes Rausa-Chan 3. AUDIT & COMPLIANCE COMMITTEE Chairman Members : Vicente L. Panlilio : Napoleon L. Nazareno Elpidio L. Ibañez (Non-Director) Alan T. Ortiz Aurora T. Calderon 4 Secretariat : Ferdinand K. Constantino Jun R. Florencio 4. FINANCE COMMITTEE Chairman Members : Ray C. Espinosa : Jose P. de Jesus Alan T. Ortiz Ferdinand K. Constantino (Non-Director) Anabelle L. Chua (Non-Director) Secretariat : Aurora T. Calderon Leo I. Posadas 5. COMPENSATION & RETIREMENT COMMITTEE Chairman Members Secretariat : Napoleon L. Nazareno : Alan T. Ortiz Manuel M. Lopez Vicente L. Panlilio (Independent Director) : Francis H. Jardeleza Victorico P. Vargas SIGNATURE Pursuant to the requirements of the Securities Regulation Code, the issuer has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MANILA ELECTRIC COMPANY Issuer Date: May 26, 2009 cc: Disclosure Department Listings and Disclosure Group Philippine Stock Exchange (PSE)