DEED OF UNDERTAKING

I, ALMA CAÑETE CABUSOR, franchisee of Expresspay Inc., of

legal age and under oath, declare that I shall attend the seminar on Anti-Money
Laundering Law conducted by the AMLC, Bangko Sentral or Bangko Sentral –
accredited person. This is in compliance with the BSP requirement that
proprietor/partners/directors/principal officers and other personnel directly involved in
RTC/MC/FXD operations are mandated to attend the Anti-Money Laundering Act
Seminar.

ALMA CAÑETE CABUSOR

(Signature over printed name)

Owner
(Designation)

Subscribed and sworn to before me this _____ day of _______________, 20___,

affiant exhibiting to me his/her Identification Card ______________________ with ID No.
____________ issued at________________ on _______________________.

Notary Public

Doc. No.: ________

Page No.:________
Book No.:________
Series of_________