M.

N ANDRADE SHUTTLE SERVICES

Blk 04 Lot 03, Pisces Street, Panorama Village, Dita,Sta. Rosa, Laguna
(049)851-2134/(0915)644-7070

Dear Ms. Alayon,

It has been almost 15 years now since we established our business partnership. During these
years, we can proudly say that we have successfully passed in achieving and meeting your requirements.
It is also our objective to provide quality service and continuous improvement in doing our job.

In this regard, we are asking your approval to review our existing shuttle service rate for us to
sustain on the rapid increase on rate for gasoline, maintenance, toll fees and other related expenses. To
recall, our last adjustment on shuttle service rate was year 2008. But due to the rapid economic changes
and inflation rates, we would like to present our proposal for the new rate of our shuttle service subject
for your approval:

Details are as follows:

ORIGIN DESTINATION OLD RATE SUGGESTED RATE

Balibago YMPI Php 270.00 Php 370.00
We wish to thank you for keeping us the opportunity to be of service with you. We positively want to
Carmona YMPI Php 270.00 Php 370.00
Alabang YMPI Php 700.00 Php 850.00
GMA YMPI Php 700.00 Php 850.00
Calamba YMPI Php 525.00 Php 650.00

continue our good relationship with your company for the coming years.

Sincerely yours,

Vivian Andrade
OPERATOR