Affidavit for NonHolding of Corporate Meetings)

Republic of the Philippines)

Province of ____________________)S.S.
City/Municipality of ____________)
x----------------x
AFFIDAVIT OF NON-HOLDING OF MEETING
I, _____________, Filipino, of legal age, (single / married / widow), and a
resident of _____________, Philippines, after being sworn to in accordance
with law, depose and state:
That I am the Corporate Secretary of _____________, a corporation duly
organized and existing under and by virtue of the laws of the Republic of the
Philippines, with principal office located at _____________, Philippines;
That as a Corporate Secretary of the said corporation, I called for the annual
stockholders' meeting and board of directors' meeting on _____________ in
accordance with the By-Laws of the corporation, but because of lack of
quorum due to the absence of some stockholders and directors, the meeting
was not held;

That since there was no quorum, it was decided after a consensus was taken
from the stockholders present that the annual meeting of the stockholders
and the organizational meeting of the board of directors for the year
________ be moved or, transferred to _____________;
That I am executing this affidavit to attest to the fact that no meeting of the
stockholders and directors was held on _____________ and for submission
to the Securities and Exchange Commission as required.
IN WITNESS WHEREOF, I have hereunto affixed my signature, this
_____________ at _____________, Philippines.

CORPORATE SECRETARY
(JURAT)