CA

LV

O’S

EN

TE

RP

RIS

ES

, INC

.!

Calvo’s Enterprises, Inc. (CEI) was founded in 1975 and is the parent company to the Calvo

family conglomeration. Formed by the late Eduardo T. “Jake” Calvo, now under the leadership

of former Governor Paul M. Calvo, the President and Chairman, the Calvo’s have been

committed to creating enterprise value for both their companies and their home island of

Guam. CEI has invested millions of dollars in overseeing their diverse portfolio of businesses that

drive many of Guam’s civic and economic sectors. Diversification has been the driving force

behind CEI’s success. Their businesses include insurance, banking and finance, real estate,

wholesale distribution, grocery retail, news and media, and entertainment. With a workforce of

over 1,500 and annual revenues exceeding $160 million, Calvo’s Enterprises is dedicated to

serving its community and poised to capitalize on new opportunities embracing Guam.

Calvo’s Enterprises, Inc. (CEI)

Calvo Enterprise, Inc138 Martyr StreetHagatna, Guam 96910Office: (671) 472-6852Fax: (671) 472-6853www.calvoent.com

!

INS

UR

AN

CE

Calvo’s Insurance Underwriters (CIU) is the cornerstone of Calvo Enterprises. It was the first of the

Calvo companies, established in 1938 by Eduardo T. “Jake” Calvo, who began selling fire and

typhoon insurance out of his home. What began as a small venture ran from his living room, is

now the largest insurance provider on Guam. Spearheaded by Paul Calvo Jr., Calvo’s

Insurance has over 100 employees, three offices in Guam, a branch office in Saipan and a

branch in Palau. Calvo’s insurance offers the full range of auto, home, health, life, property,

marine cargo, casualty, bonding and liability insurance coverage. As the market leader on

Guam, the company collects more than $60 million in premiums annually. CIU’s credibility is

bolstered by its strong partners abroad such as American International Group (AIG) and Tokio

Marine & Nichido Fire Insurance Company of Japan. Calvo’s insurance dominates the market

by providing an affordable comprehensive insurance plan and by offering an extensive

network to its customers. Calvo’s renowned SelectCare medical plan allows access to more

than 100 physicians and clinics in the region, as well as more than 350,000 health care providers

in the United States and Philippines. Every year CIU continues to set the standard and stay at the

leading edge of the insurance industry.

Calvo’s Insurance Underwriters

Calvo Enterprises, Inc. owns the island’s oldest title insurance and escrow

services company on Guam. Title Guaranty of Guam, Inc. is the perfect

complement to Calvo Enterprises’ core businesses of insurance and real

estate. This division was established in 1963 to meet the title insurance and

escrow needs of lenders during the federal construction boom during the

60’s. Title Guaranty is underwritten by TicorTitle Insurance Co. a member of

the Fidelity National Financial family of title companies whose parent

company is consistently rated “A” or higher by Standard and Poor’s and holds $940 million in

assets. Title Guaranty of Guam has become a vital part of Guam’s real estate business and

promises to gain a stronger foothold as the island’s economy strengthens.

Title Guaranty of Guam

!

INS

UR

AN

CE

!

HagåtñaOn Chalan Santo Papaacross from the Bank of GuamOffice : (671) 472•6816Fax : (671) 477•5273

AgatOn Marine Corp. Driveby Taco BellOffice : (671)565•5286Fax : (671)565•2106

Philippines Office

Makati Office5th Floor of the 1st Life Center,Salcedo Street, Legaspi Village,Makati City, Philippines(632) 759•2871(632) 813•1989Fax : (632) 759•3126

DededoOn Marine Corp. Drive in theCalvo’s Commercial CenterOffice : (671) 632•6316Fax : (671) 632•6245

Saipan Officein the OleaiShopping Center(670) 234•5690Fax : (670) 234•5693

Palau Office

Suite 2 in theJR Professional Bldg.(680) 488•7222/7444Fax : (680) 488•7333

Title Guaranty of GuamHerman Cortes St., Suite 320Hagatna, Guam 96932Office : (671) 477•7147Fax : (671) 477•1071bevangelista@tgguam.comwww.tgguam.com

GUAM BRANCHES SAIPAN

BA

NK

ING

AN

D F

INA

NC

E!

The Calvo family owns and operates Saipan's oldest locally chartered bank that has been in

operations since 1979. Bank of Saipan is the premier community bank and the bank of choice

for the CNMI. The Calvo’s have sought to expand this bank outside of its two convenient

locations on Saipan. There are now branch offices in Tinian and Rota. The Calvo’s are

determined to grow this bank in hopes of soon competing with the regions larger banking

institutions. Under the stewardship of the Calvo’s The Bank of Saipan has seen strong annual

growth in its recapitalization efforts. The depository and loan portfolio have also doubled since

the Calvo acquisition. The Calvo’s are now implementing new policies, procedures, and

technologies to usher this bank into the global financial industry.

Bank of Saipan

Main BranchSablan Bldg., Beach RoadSaipan, MP 96950 Chalan KanoaOffice : (670) 235•6260Fax : (670) 235•1802

Garapan BranchOffice : (670) 233•6260Fax : (670) 234•7582

Tinian BranchOffice : (670) 433•0332Fax : (670) 433•0430

Rota BranchOffice : (670) 532•2265Fax : (670) 532•7267BANK OF SAIPAN

EN

TE

RT

AIN

ME

NT

• NE

WS

• ME

DIA

!

In 1990, the Calvo family of businesses formed Pacific Telestations, Inc. (KUAM) and quickly

became the island’s premier and reliable news coverage network. Joseph Calvo is the General

Manager of KUAM, a company that has transformed itself from a news network station to

Guam’s pre-eminent and riveting entertainment and news outlet. Pacific Telestations boasts a

host of networks such as Guam’s critically-acclaimed news network—KUAM TV 8—as well as the

CBS-affiliate station TV 11, local radio station and talk show Isla 63 and the islands most popular

and unpredictable radio broadcast—I94. KUAM’s news team has been the recipient of a

number of impressive awards including Journalist of the Year, Best Documentary in the region,

and many Edward R. Murrow regional awards. The KUAM radio personalities are just as

accomplished having the islands largest listenership. I94’s no-holds-barred approach to radio

grabs attention by exposing the many controversial, yet truthful ironies of Guam. KUAM has

brought news and entertainment to Guam’s residents for over 15 years with some of the most

accomplished, courageous, and colorful personalities on island. KUAM is first on the scene,

whether it’s typhoon coverage or government scandal, they tell the story.

Pacific Telestations, Inc.600 Harmon LoopDededo, Guam 96912Office : (671) 637•5826Fax : (671) 637•9865www.kuam.com

Pacific Telestations, Inc.

Tropical Productions, Inc.P.O. Box 192Hagatna, GU 96932Phone : (671) 635•2361Fax : (671) 637•5832Email: tpi@midpacguam.com

EN

TE

RT

AIN

ME

NT

• NE

WS

• ME

DIA

!

Tropical Productions Inc. (TPI) is the premier event organizer and concert promoter on Guam,

offering a complete suite of live entertainment and event services. We are the largest

single-source provider of high-value production solutions for events of any size and type. TPI

consists of a group of industry professionals with more than 18 years of experience in planning,

promoting, and executing hundreds of successful events. Our team has produced the largest

concerts, sporting events and conferences locally and has the capability to offer clients live

event broadcasts over television, radio and internet. Our strong relationships with leading local

advertisers and the Government of Guam is what separate us from our competitors, allowing us

to dominate the regional event industry.

Tropical Productions, Inc.

Concerts and Comedy Shows

Hoobastank Tony BennettCecilio and KaponoSpyro GyroShaggyManhattan TransferSlightly StupidRobert PalmerQuite RiotMichelle BranchVanilla Ice

Sugar RayExposeSteel PulseGloria EstefanThird WorldAir SupplyThree Dog NightAmericaJimmy CliffeLea SalongaJeff Dunham

Charitable Events and Expos

KUAM Home ExpoRevTV Car ShowRelay for LifeJesus Christ Superstar (EMCCF)Beatles Tribute (EMCCF)94 Jamz Motor MadnessUrban Flex

Guam Miss UniverseGubernatorial DebatesIsland Music CornerGuam Home & Living Expo

EN

TE

RT

AIN

ME

NT

• NE

WS

• ME

DIA

!

Sporting Events

Miller Football LeagueMiller Softball LeagueMiller Basketball LeaguePacific X-treme Combat (MMA)

Preba Hao (MMA)Rock and BowlSmoke-n-WheelsWWF

Guamazing RaceGuam's Biggest LoserIsland IdolGuam Apprentice ChallengeChef's CupPleasure Island Dancefest

TV Productions

Tabasco Cook OffGuam Miss UniverseGubernatorial DebatesIsland Music CornerGuam Home & Living ExpoAct Now Telethon

The following is a list of events that we have produced:

RE

AL

ES

TA

TE

!

Calvo Realty & Management (CRM) controls some of the most desirable real estate on island.

Overseen by Leonard Calvo, Vice-President of Calvo Enterprises, Calvo real estate goes

unrivaled on Guam. Notable tenants include Home Depot, Citibank, and the Duty Free

Galleria. CRM holdings are vast and diversified. Properties comprise of office, industrial

warehouses, commercial buildings, rural land and residential projects. CRM is keen on

transforming prime properties into performing assets, with specialties in tenant relationship

management and commercial development. CRM provides a complete suite of real estate

solutions including property sales, build to suit and leasing of existing buildings. Calvo properties

are located in every area of commercial activity in Guam - gas stations, corporate buildings in

the capital village of Hagatna, banks, warehouses and more. CRM also concentrates on

tourism with its prized holding, Two Lover’s Point. This legendary and breathtaking ancient

Chamorro location is a visual spectacle to over 400,000 tourists every year. With millions of dollars

invested in real estate spanning the entire island, the Calvo’s are eager for growth

138 Martyr StreetHagatna, Guam 96910Office : (671) 472•6852Fax : (671) 472•6853

Calvo Realty & Management (CRM)

Office : (671) 647•4107info@twoloverspoint.com www.twoloverspoint.com

RE

TA

IL!

Pay-Less Markets, Inc.

In 1985, Calvo Enterprises expanded into the grocery retail business by acquiring Pay-Less

Supermarkets. Then, it was a fledgling grocery outlet and today there are now six branches, with

a seventh opening this year, and gross annual sales exceeding $90 million, with a workforce of

hundreds. Mike Benito and Kathy Calvo Sgro have lead Pay-Less into the 21st century of grocery

retail. The company has continued to innovate and enhance its product offerings, its facilities,

and its customers’ shopping experience so that it is now the premier supermarket for the people

of Guam. The strength of Pay-Less is outlined in its mission statement: “to provide the greatest

customer value every day.” Aside from happy customers, Pay-Less features an unparalleled

product selection with over 35,000 items for customers to choose from everyday, including 1,200

bonus-buys in stores every day. Pay-Less also offers the freshest and most wide-ranging

inventory of produce on-island. Pay-Less is able to offer its customers such quality goods at

inexpensive rates because of its relationships abroad. They have developed a first-rate supply

chain by partnering with Bruno’s Quality Produce in California and with Associated Grocers,

located in the Pacific Northwest. The Calvo’s are in the process of constructing two new stores

in the villages of Mangilao and Agat. Recently Pay-Less stores have undergone million dollar

renovations to improve its facilities and offer a better experience to its customers.

116 W. Chalan Santo PapaPaul M. Calvo Bldg.Hagatna, Gu 96910Phone : (671) 477•9266Fax : (671) 477•8308Email : Admin@paylessmarkets.com

RE

TA

IL!

Dededo Pay-Less214 West Marine DriveRoute 1Dededo, Guam 96910

Open 24 Hours, Daily(671) 632•9419/9391

Agana Shopping Center Pay–Less302 South, Route 4Suite 118 AganaShopping CenterHagatna, Guam 96910

Open 24 Hours, Daily(671) 477•7006/472•8346

Oka Pay-LessOcean Pacific Plaza291 Farenholt AvenueTamuning, Guam 96911

Open 24 Hours, Daily(671) 646•9301/2

Micronesia Mall Pay-Less1088 West Marine DriveSuite 200Dededo, Guam 96910

Open 24 Hour, Daily(671) 637•7233/4

Yigo Pay-Less525 Chalan Ramon HayaYigo, Guam 96929

Open 6am – Midnight, everyday(671) 653•5410/1

Sinajana Pay-Less128 Pale Kieran Hickey DriveSinajana, Guam 96910

Open 6am – Midnight, everyday(671) 477•7155/1832

MANGILAO PAYLESSCOMING SOONOCTOBER 2009

WH

OL

ES

AL

E D

IST

RIB

UT

ION

!

Mid-Pacific Distributors, Inc.

Mid-Pac Distributors, Inc. is the second oldest company under the Calvo Enterprise umbrella. It

was established in 1947 as a wholesaler of alcohol and tobacco products. Today, it is managed

by John T. Calvo, President / General Manger, and serves as the distribution hub of the Marianas

with product routes from Guam extending to CNMI, Federated States of Micronesia, Palau and

the Marshall Islands. Mid-Pacific controls the distribution channels in the Marianas for some of

the most popular tobacco and beverage brands in the world. The brands encompass Phillip

Morris tobacco Products—Marlboro, Benson & Hedges, Virginia Slims—and Miller brewery

beverages such as Miller Lite and Miller Genuine Draft. Compounding those products is

Mid-Pac’s import lineup of Heineken, Fosters, San Miguel, Sapporo, and Peroni. Mid-Pac also

distributes an array of popular wine and liquor brands such as Johnnie Walker, Jack Daniels,

Grey Goose, Hypnotiq, SKYY Vodka, Dom Perignon, Tanqueray, Bacardi and many more. The

focus for future Mid-Pac diversification is non-alcoholic beverages. The company already

carries Snapple, Calistoga, San Pellegrino and Monster Energy drink while looking to expand this

realm of business. With over 55,000 square feet of warehouse space to accommodate its

ever-increasing inventory line, the company plans to acquire more products and expand on its

distribution lines through creating a syndicated distribution network in the Marianas.

Mid Pacific Distributors, Inc.370 Mendioka StreetDededo, Guam 96929Office : (671)589•1192Fax : (671)637•5832www.midpacguam.cominfo@midpacguam.com

Island Wines and SpiritsP.O. Box 11439Tamuning, Guam 96931Office : (671) 637•5840Fax : (671) 637•5830

WH

OL

ES

AL

E D

IST

RIB

UT

ION

Market Wholesale Distributors, Inc.

Market Wholesale Distributors, Inc.751 Chalan Machaute, Suite 106Maite, Guam 96927Office : (671) 477•8976Fax : (671) 477•4294

!

Market Wholesale Distributors Inc. is a stand-alone wholesale distribution company acquired by

the Calvo’s in 1985. What used to be a subsidiary of the Calvo’s Pay-Less Supermarket grocery

chain is now an independent entity offering high-quality food, produce and beverage

products. In Guam, the Northern Mariana Islands and throughout the Micronesia region, Market

Wholesale offers some of the best known products in the world including Dole bananas,

Tobasco, and Capri-Sun. They also operate USDA approved facilities to process meats and

inspect non-US meats. This company also distributes produce, frozen beef, poultry, and

seafood. With a new management team in place Market has witnessed revenue growth in its

last two years. More products are being introduced and there are plans for business expansion

throughout the region.

Pepsi Cola Bottling Company of Guam210 Rojas Street, Harmon Industrial ParkTamuning, Guam 96913Office : (671) 646•6941Fax : (671) 646•9822www.pepsiguam.com

WH

OL

ES

AL

E D

IST

RIB

UT

ION

!

In 1973, the Calvo family purchased the Pepsi Cola Bottling Company of Guam and has since

localized the brand into the most popular soft drink on-island. Newly-appointed General

Manager Jon Denight oversees Pepsi and more than 200 other products under the Pepsi

umbrella of distribution. Pepsi in Guam has undergone a vast brand evolution in its

distributorship to include beverages such as Dr. Pepper, Mountain Dew, Seven-Up, Hawaiian

Punch, Canada Dry, Diet Pepsi, Mug Root Beer, Lipton Brisk Tea, Dole Juices, Starbucks

Frappuchino and many more. Moreover, in 2003 Pepsi and the Calvo’s acquired the ultimate

sports beverage—Gatorade. Not only do the Calvo’s distribute Gatorade, they are active

sponsors and participants in local sports leagues behind the Gatorade banner—sponsoring

basketball leagues, soccer leagues, youth football, volleyball, and 5k races. The Calvo’s have

expanded the export lines of Pepsi and Gatorade throughout the Marianas and beyond to

American Samoa, Nauru, Kiribati, Solomon Islands, and Tonga, just to name a few. The Calvo’s

have been instrumental in bolstering the Pepsi and Gatorade reputation throughout the islands

by offering great customer service focusing on building product loyalty. This year, the company

has invested $4 Million in a modern state of the art bottling plant. Pepsi will continue to provide

a superb product and service in hopes of driving the goal of being the largest, most profitable

beverage company in the region.

Pepsi Cola Bottling Company of Guam

WH

OL

ES

AL

E D

IST

RIB

UT

ION

!

Pacific Trading Company, LTD.

Pacific Trading Company, LTD. (“PTC”) is a subsidiary to Mid-Pacific Distributors, Inc. and is

strategically located in the Northern Mariana Islands to provide Mid-Pac’s popular brands,

along with Pepsi to neighboring islanders. PTC is Mid-Pac’s first step into its syndicated

distribution network throughout the Marianas. The PTC outpost in Saipan serves as a model for

what Mid-Pac will soon implement in Palau, FSM, and the Marshall Islands. The Calvo’s envision

a sophisticated and specialized network of distribution in hopes of growing product lines and

servicing more customers.

Distribution Network

Pacific Trading Company (Saipan)P.O. Box 500236Puerto Rico, Saipan MP 96950Office : (670) 322•6624Fax : (670) 322•5616

Pacific Trading Company (Majuro)P.O. Box 1019Majuro, MH 96960Office : (692) 247•7073Fax : (692) 247•5265