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SIGNED IN THE PRESENCE OF:

______________________________ _____________________________

ACKNOWLEDGMENT

REPUBLIC OF THE PHILIPPINES )
MAKATI CITY ) SS.

BEFORE   ME,   a   Notary   Public   in   and   for   Makati   City,   Philippines,   on   this
______ day of __________ 1996, personally appeared the following:

Name Comm. Tax Cert. No. Date/Place Issued

___________________,
as _____________ of
___________________

___________________,
as _____________ of
___________________

both known to me to be the same persons who executed the foregoing instrument and
who acknowledged to me  that the same is their free and voluntary act and deed and the
free and voluntary act and deed of the corporation which they represent.

WITNESS MY HAND AND SEAL on the date at the place first above written.

Doc. No.  _____;
Page No.  _____;
Book No. _____;
Series of 1996.

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