All shareholders of Trans-Asia Oil and Energy Development Corporation (“TA” or the “Company”) are advised that the Company is conducting a Rights Offer of up to 1,415,002,816 common shares with a par value of P1.00 each on a preemptive basis to holders of common shares in the capital stock of the Company as of November

Trans-Asia Oil and Energy Development Corp, the end to end energy arm of the PHINMA Group, has set its stock rights offering price at Php 1.00 per share. The Offer will run from November 14 to November 20, 2012 and will consist of: 1. a Rights Offer of 1,415,002,816 common shares, and 2. an Overallotment