EXHIBIT 6

PHILIPPINE LONG DISTANCE TELEPHONE COMPANY

Computation of Earnings Per Share

For the years 2007 through 2011



|                                                                                                               |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|-------------------------------------------------------------------------------------------------------------- |  | ----------------------------------------------- | ---- | - | ---- | --- | ------- | ---- |  | --- | ------- | - |  | ---- | ------- | - | ---- | --- | ------- | - |  | --- | ------- | -
|                                                                                                               |  | 2011(1)                                         |      |   | 2011 |     |         | 2010 |  |     | 2009    |   |  | 2008 |         |   | 2007 |    
|                                                                                                               |  | (in millions, except earnings per common share) |     
|Earnings per share for the year attributable to common equity holders of PLDT                                  |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|Basic                                                                                                          |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|Net income attributable to equity holders of PLDT                                                              |  | US$                                             | 722  |   |      | Php | 31,697  |      |  | Php | 40,217  |   |  | Php  | 39,781  |   |      | Php | 34,317  |   |  | Php | 39,289  |  
|Add (Deduct): Dividends on preferred shares                                                                    |  |                                                 | (10  | ) |      |     | (458    | )    |  |     | (458    | ) |  |      | (457    | ) |      |     | (455    | ) |  |     | (457    | )
|                                                                                                               |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|Consolidated net income attributable to common shareholders                                                    |  | US$                                             | 712  |   |      | Php | 31,239  |      |  | Php | 39,759  |   |  | Php  | 39,324  |   |      | Php | 33,862  |   |  | Php | 38,832  |  
|                                                                                                               |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|Diluted                                                                                                        |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|Net income attributable to equity holders of PLDT                                                              |  | US$                                             | 722  |   |      | Php | 31,697  |      |  | Php | 40,217  |   |  | Php  | 39,781  |   |      | Php | 34,317  |   |  | Php | 39,289  |  
|Add (Deduct): Dividends on preferred shares                                                                    |  |                                                 | (10  | ) |      |     | (458    | )    |  |     | (458    | ) |  |      | (457    | ) |      |     | (455    | ) |  |     | (457    | )
|Dividends on dilutive preferred stock subject to mandatory redemption charged to interest expense for the year |  |                                                 |     |   |      |     |        |      |  |     |        |   |  |      |        |   |      |     |        |   |  |     | 17      |  
|Accretion to redemption value of preferred stock subject to mandatory conversion                               |  |                                                 |     |   |      |     |        |      |  |     |        |   |  |      |        |   |      |     |        |   |  |     | 131     |  
|Foreign exchange gains on preferred stock subject to mandatory conversion                                      |  |                                                 |     |   |      |     |        |      |  |     |        |   |  |      |        |   |      |     |        |   |  |     | (182    | )
|                                                                                                               |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|Consolidated net income applicable to common shareholders                                                      |  | US$                                             | 712  |   |      | Php | 31,239  |      |  | Php | 39,759  |   |  | Php  | 39,324  |   |      | Php | 33,862  |   |  | Php | 38,798  |  
|                                                                                                               |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|Basic                                                                                                          |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|Weighted average number of common shares (in thousands)                                                        |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|Outstanding common shares at beginning of year                                                                 |  |                                                 |      |   |      |     | 186,756 |      |  |     | 186,797 |   |  |      | 187,484 |   |      |     | 188,741 |   |  |     | 188,435 |  
|Effect of issuance of common shares during the year                                                            |  |                                                 |      |   |      |     | 4,613   |      |  |     |        |   |  |      | 15      |   |      |     | 542     |   |  |     | 221     |  
|Effect of purchase of treasury stock during the year                                                           |  |                                                 |      |   |      |     |        |      |  |     | (7      | ) |  |      | (583    | ) |      |     | (1,120  | ) |  |     |        |  
|                                                                                                               |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|                                                                                                               |  |                                                 |      |   |      |     | 191,369 |      |  |     | 186,790 |   |  |      | 186,916 |   |      |     | 188,163 |   |  |     | 188,656 |  
|                                                                                                               |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|Diluted                                                                                                        |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|Weighted average number of common shares (in thousands)                                                        |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|Outstanding common shares at beginning of year                                                                 |  |                                                 |      |   |      |     | 186,756 |      |  |     | 186,797 |   |  |      | 187,484 |   |      |     | 188,741 |   |  |     | 188,435 |  
|Effect of issuance of common shares during the year                                                            |  |                                                 |      |   |      |     | 4,613   |      |  |     |        |   |  |      | 15      |   |      |     | 542     |   |  |     | 221     |  
|Effect of mandatory tender offer for all remaining Digitel shares                                              |  |                                                 |      |   |      |     | 164     |      |  |     |        |   |  |      |        |   |      |     |        |   |  |     |        |  
|Average incremental number of shares under ESOP(2)                                                             |  |                                                 |      |   |      |     |        |      |  |     |        |   |  |      | 21      |   |      |     | 13      |   |  |     | 38      |  
|Effect of purchase of treasury stock during the year                                                           |  |                                                 |      |   |      |     |        |      |  |     | (7      | ) |  |      | (583    | ) |      |     | (1,120  | ) |  |     |        |  
|Common shares equivalent of preferred shares deemed dilutive:                                                  |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|Preferred stock Series VI                                                                                      |  |                                                 |      |   |      |     |        |      |  |     |        |   |  |      |        |   |      |     |        |   |  |     | 680     |  
|                                                                                                               |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|                                                                                                               |  |                                                 |      |   |      |     | 191,533 |      |  |     | 186,790 |   |  |      | 186,937 |   |      |     | 188,176 |   |  |     | 189,374 |  
|                                                                                                               |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|Earnings per share for the year                                                                                |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  
|Basic                                                                                                          |  | US$                                             | 3.72 |   |      | Php | 163.24  |      |  | Php | 212.85  |   |  | Php  | 210.38  |   |      | Php | 179.96  |   |  | Php | 205.84  |  
|Diluted                                                                                                        |  |                                                 | 3.71 |   |      |     | 163.10  |      |  |     | 212.85  |   |  |      | 210.36  |   |      |     | 179.95  |   |  |     | 204.88  |  
|                                                                                                               |  |                                                 |      |   |      |     |         |      |  |     |         |   |  |      |         |   |      |     |         |   |  |     |         |  



|(1) | We maintain our accounts in Philippine pesos, the functional and presentation currency under IFRS. For convenience, the Philippine peso financial information as at
and for the year ended December 31, 2011 has been translated into U.S. dollars at the exchange rate of Php43.92 to US$1.00, the Philippine peso-dollar rate as quoted through the Philippine Dealing System as at December 31, 2011.
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|(2) | The dilutive effect of the outstanding options is reflected as additional share dilution in the computation of earnings per common share, see Note 7  Earnings
per Common Share to the accompanying consolidated financial statements in Item 18 for further discussion.
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