Maria Christina E.

Gaviola, 3B Legforms

SECRETARY'S CERTIFICATE

KNOW ALL MEN BY THESE PRESENTS:

I, CHRISTINA GAVIOLA, of legal age, Filipino citizen and with office address at 5k
Amorsolo West, Amorsolo Drive, Rockwell Center, Makati, being the Corporate Secretary of
Two Towers Mines and Development Corporation, a corporation duly organized and existing
under the laws of the Philippines, with office address at 7 th Flr., Lunar Bldg., Muralla St.,
Intramuros, Manila ["The Corporation"], do hereby certify that at a special meeting of the Board
of Directors, held in accordance with the by-laws, on 3 March 2008, at its principal offices, at
which meeting a quorum was present, the following resolutions were unanimously approved:

RESOLUTON NO._108_

“RESOLVED, that all shares of stock covered by subscriptions which

remain unpaid as of 15 January 2008 despite written demand by the
Corporate Secretary are hereby declared delinquent;

RESOLVED, FURTHER, that the Corporation authorize the sale of

delinquent shares in a delinquency sale, to be held on 27 March 2008 at
Conference Room in 7th Flr. Lunar Bldg, Muralla St., Intramuros, Manila
for the satisfaction of any outstanding obligation to the Corporation.”

IN WITNESS WHEREOF, I signed these presents this 6th day of March at Manila City.

CHRISTINA GAVIOLA
Corporate Secretary

SUBSCRIBED AND SWORN to before me this _____ day of ______________ at

_____________, affiant exhibiting to me his Community Tax Certificate No.
_____________issued on ___________at ____________.

Doc. No. _____;

Page No. _____;
Book No. ____:
Series of 2007.