EXHIBIT 8

PHILIPPINE LONG DISTANCE TELEPHONE COMPANY

Subsidiaries as at December 31, 2013

Our consolidated financial statements include the financial statements of PLDT and the following subsidiaries (collectively, the PLDT
Group) as at December 31, 2013 and 2012:



|                                                                                             |  |                       |  |                                                                                                                                                                             |  |                         |       |  |          |  |       |        |  |  |          |  |  |  |       | 
|-------------------------------------------------------------------------------------------- |  | --------------------- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |  | ----------------------- | ----- |  | -------- |  | ----- | ------ |  |  | -------- |  |  |  | ----- | 
|                                                                                             |  |                       |  |                                                                                                                                                                             |  | Percentage of Ownership |      
|                                                                                             |  |                       |  |                                                                                                                                                                             |  | December 31,            |      
|                                                                                             |  | Place of              |  |                                                                                                                                                                             |  | 2013                    |       |  | 2012     | 
|Name of Subsidiary                                                                           |  | Incorporation         |  | Principal Business Activity                                                                                                                                                 |  | Direct                  |       |  | Indirect |  |       | Direct |  |  | Indirect | 
|                                                                                             |  |                       |  |                                                                                                                                                                             |  |                        
|Wireless                                                                                     |  |                       |  |                                                                                                                                                                             |  |                         |       |  |          |  |       |        |  |  |          |  |  |  |       | 
|Smart:                                                                                       |  | Philippines           |  | Cellular mobile services                                                                                                                                                    |  |                         | 100.0 |  |          |  |      |        |  |  | 100.0    |  |  |  |      | 
|Smart Broadband, Inc., or SBI, and Subsidiary                                                |  | Philippines           |  | Internet broadband distribution services                                                                                                                                    |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|Primeworld Digital Systems, Inc., or PDSI                                                    |  | Philippines           |  | Internet broadband distribution services                                                                                                                                    |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|I-Contacts Corporation                                                                       |  | Philippines           |  | Call center services                                                                                                                                                        |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|Wolfpac Mobile, Inc.                                                                         |  | Philippines           |  | Mobile applications development and services                                                                                                                                |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|Wireless Card, Inc.                                                                          |  | Philippines           |  | Promotion of the sale and/or patronage of debit and/or charge cards                                                                                                         |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|Smart e-Money, Inc., or SeMI, (formerly Smarthub, Inc.)(a)                                   |  | Philippines           |  | Software development and sale of maintenance and support services                                                                                                           |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|Smart Money Holdings Corporation, or SMHC:                                                   |  | Cayman Islands        |  | Investment company                                                                                                                                                          |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|Smart Money, Inc., or SMI                                                                    |  | Cayman Islands        |  | Mobile commerce solutions marketing                                                                                                                                         |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|Far East Capital Limited, or FECL, and Subsidiary, or FECL Group                             |  | Cayman Islands        |  | Cost effective offshore financing and risk management activities for Smart                                                                                                  |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|PH Communications Holdings Corporation                                                       |  | Philippines           |  | Investment company                                                                                                                                                          |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|Francom Holdings, Inc.:                                                                      |  | Philippines           |  | Investment company                                                                                                                                                          |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|Connectivity Unlimited Resource Enterprise, or CURE                                          |  | Philippines           |  | Cellular mobile services                                                                                                                                                    |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|Chikka Holdings Limited, or Chikka, and Subsidiaries, or Chikka Group                        |  | British VirginIslands |  | Content provider, mobile applications development and services                                                                                                              |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|Chikka Communications Consulting (Beijing) Co. Ltd., or CCCBL                                |  | China                 |  | Mobile applications development and services                                                                                                                                |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|Chikka Pte. Ltd., or CPL                                                                     |  | Singapore             |  | Managing patent and trademark portfolio                                                                                                                                     |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|Smarthub Pte. Ltd., or SHPL:                                                                 |  | Singapore             |  | Investment company                                                                                                                                                          |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|Takatack Pte. Ltd., or TPL, (formerly SmartConnect Global Pte. Ltd.)(b)                      |  | Singapore             |  | International trade of satellites and Global System for Mobile Communication, or GSM, enabled global
telecommunications                                                     |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|3rdBrand Pte. Ltd., or 3rdBrand                                                              |  | Singapore             |  | Solutions and systems integration services                                                                                                                                  |  |                         |      |  |          |  | 85.0  |        |  |  |         |  |  |  | 85.0  | 
|Voyager Innovations, Inc., or Voyager(c)                                                     |  | Philippines           |  | Mobile applications development and services                                                                                                                                |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  |      | 
|Telesat, Inc.(d)                                                                             |  | Philippines           |  | Satellite communications services                                                                                                                                           |  |                         | 100.0 |  |          |  |      |        |  |  | 100.0    |  |  |  |      | 
|ACeS Philippines Cellular Satellite Corporation, or ACeS Philippines                         |  | Philippines           |  | Satellite information and messaging services                                                                                                                                |  |                         | 88.5  |  |          |  | 11.5  |        |  |  | 88.5     |  |  |  | 11.5  | 
|Mabuhay Investments Corporation, or MIC, (formerly Mabuhay Satellite Corporation)(e)         |  | Philippines           |  | Investment company                                                                                                                                                          |  |                         | 67.0  |  |          |  |      |        |  |  | 67.0     |  |  |  |      | 
|Digitel Mobile Philippines, Inc., or DMPI, (a wholly-owned subsidiary of Digitel)            |  | Philippines           |  | Cellular mobile services                                                                                                                                                    |  |                         |      |  |          |  | 99.6  |        |  |  |         |  |  |  | 99.5  | 
|                                                                                             |  |                       |  |                                                                                                                                                                             |  |                        
|Fixed Line                                                                                   |  |                       |  |                                                                                                                                                                             |  |                         |       |  |          |  |       |        |  |  |          |  |  |  |       | 
|PLDT Clark Telecom, Inc., or ClarkTel                                                        |  | Philippines           |  | Telecommunications services                                                                                                                                                 |  |                         | 100.0 |  |          |  |      |        |  |  | 100.0    |  |  |  |      | 
|PLDT Subic Telecom, Inc., or SubicTel                                                        |  | Philippines           |  | Telecommunications services                                                                                                                                                 |  |                         | 100.0 |  |          |  |      |        |  |  | 100.0    |  |  |  |      | 
|PLDT Global Corporation, or PLDT Global, and Subsidiaries                                    |  | British VirginIslands |  | Telecommunications services                                                                                                                                                 |  |                         | 100.0 |  |          |  |      |        |  |  | 100.0    |  |  |  |      | 
|Smart-NTT Multimedia, Inc.(d)                                                                |  | Philippines           |  | Data and network services                                                                                                                                                   |  |                         | 100.0 |  |          |  |      |        |  |  | 100.0    |  |  |  |      | 
|PLDT-Philcom, Inc., or Philcom, and Subsidiaries, or Philcom Group                           |  | Philippines           |  | Telecommunications services                                                                                                                                                 |  |                         | 100.0 |  |          |  |      |        |  |  | 100.0    |  |  |  |      | 
|ePLDT, Inc., or ePLDT(f):                                                                    |  | Philippines           |  | Information and communications infrastructure for internet-based services, e-commerce, customer relationship management and
information technology, or IT, related services |  |                         | 100.0 |  |          |  |      |        |  |  | 100.0    |  |  |  |      | 
|IP Converge Data Services, Inc., or IPCDSI(g)                                                |  | Philippines           |  | Information and communications infrastructure for internet-based services, e-commerce, customer relationship management and IT
related services                             |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|iPlus Intelligent Network, Inc.,or iPlus(h)                                                  |  | Philippines           |  | Managed IT outsourcing                                                                                                                                                      |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  | 100.0 | 
|Curo Teknika, Inc., or Curo(h)                                                               |  | Philippines           |  | Managed IT outsourcing                                                                                                                                                      |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  |      | 
|ABM Global Solutions, Inc., or AGS, and Subsidiaries, or AGS Group(i)                        |  | Philippines           |  | Internet-based purchasing, IT consulting and professional services                                                                                                          |  |                         |      |  |          |  | 99.2  |        |  |  |         |  |  |  | 97.1  | 
|ePDS, Inc., or ePDS                                                                          |  | Philippines           |  | Bills printing and other related value-added services, or VAS                                                                                                               |  |                         |      |  |          |  | 67.0  |        |  |  |         |  |  |  | 67.0  | 
|netGames, Inc., or netGames(j)                                                               |  | Philippines           |  | Gaming support services                                                                                                                                                     |  |                         |      |  |          |  | 57.5  |        |  |  |         |  |  |  | 57.5  | 
|Digitel                                                                                      |  | Philippines           |  | Telecommunications services                                                                                                                                                 |  |                         | 99.6  |  |          |  |      |        |  |  | 99.5     |  |  |  |      | 
|Digitel Capital Philippines Ltd., or DCPL(k)                                                 |  | British VirginIslands |  | Telecommunications services                                                                                                                                                 |  |                         |      |  |          |  | 99.6  |        |  |  |         |  |  |  | 99.5  | 
|Digitel Information Technology Services, Inc.(l)                                             |  | Philippines           |  | Internet services                                                                                                                                                           |  |                         |      |  |          |  | 99.6  |        |  |  |         |  |  |  | 99.5  | 
|PLDT-Maratel, Inc., or Maratel                                                               |  | Philippines           |  | Telecommunications services                                                                                                                                                 |  |                         | 98.0  |  |          |  |      |        |  |  | 97.8     |  |  |  |      | 
|Bonifacio Communications Corporation, or BCC                                                 |  | Philippines           |  | Telecommunications, infrastructure and related VAS                                                                                                                          |  |                         | 75.0  |  |          |  |      |        |  |  | 75.0     |  |  |  |      | 
|Pilipinas Global Network Limited, or PGNL, and Subsidiaries                                  |  | British VirginIslands |  | International distributor of Filipino channels and content                                                                                                                  |  |                         | 60.0  |  |          |  |      |        |  |  | 60.0     |  |  |  |      | 
|                                                                                             |  |                       |  |                                                                                                                                                                             |  |                        
|Others                                                                                       |  |                       |  |                                                                                                                                                                             |  |                         |       |  |          |  |       |        |  |  |          |  |  |  |       | 
|PLDT Global Investments Holdings, Inc., or PGIH, (formerly SPi Global Holdings, Inc.)(m)(n): |  | Philippines           |  | Investment company                                                                                                                                                          |  |                         | 100.0 |  |          |  |      |        |  |  | 100.0    |  |  |  |      | 
|PLDT Global Investments Corporation, or PGIC                                                 |  | British VirginIslands |  | Investment company                                                                                                                                                          |  |                         |      |  |          |  | 100.0 |        |  |  |         |  |  |  |      | 
|PLDT Communications and Energy Ventures, Inc., or PCEV                                       |  | Philippines           |  | Investment company                                                                                                                                                          |  |                         |      |  |          |  | 99.8  |        |  |  |         |  |  |  | 99.8  | 





|(a) | On July 12, 2013, the Philippine SEC approved the change in the business name of Smarthub, Inc. to Smart e-Money, Inc.
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|(b) | On September 29, 2013, by a special resolution of the Board of Directors of SmartConnect Global Pte. Ltd., resolved to change its registered
business name to Takatack Pte. Ltd.
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|(c) | On January 7, 2013, Voyager was registered with the Philippine SEC to provide mobile applications development and services.
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|(d) | Ceased commercial operations.
|--- | -----------------------------

|(e) | Ceased commercial operations; however, on January 13, 2012, the Philippine SEC approved the amendment of MICs Articles of Incorporation
changing its name from Mabuhay Satellite Corporation to Mabuhay Investments Corporation and its primary purpose from satellite communication to holding company.
|--- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

|(f) | On June 11, 2012, MySecureSign, Inc., or MSSI, and ePLDT were merged, wherein ePLDT became the surviving company.
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|(g) | On October 12, 2012, ePLDT acquired 100% equity interest in IPCDSI.
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|(h) | On October 30, 2013, Curo was incorporated to take-on the Outsourced IT Services as a result of the spin-off of iPlus.
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|(i) | In December 2012 and January 2013, ePLDT acquired an additional 5.7% equity interest in AGS from its minority shareholders, thereby increasing
ePLDTs ownership in AGS from 93.5% to 99.2%.
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|(j) | Ceased commercial operations in January 2013.
|--- | ---------------------------------------------

|(k) | Liquidated in January 2013.
|--- | ---------------------------

|(l) | Corporate life shortened until June 2013.
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|(m) | On December 4, 2012, our Board of Directors authorized the sale of our Business Process Outsourcing, or BPO, segment, which was completed in
April 2013. Consequently, as at December 31, 2013, the BPO segment was classified as discontinued operations and a disposal group held-for-sale. See Note 2 Summary of Significant Accounting Policies  Discontinued Operations and Note 3
 Managements Use of Accounting Judgments, Estimates and Assumptions  Assets Classified as Held-for-Sale and Discontinued Operations.
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|(n) | On June 3, 2013, the Philippine SEC approved the change in the business name of SPi Global Holdings, Inc. to PLDT Global Investments Holdings,
Inc.
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