(Affidavit of Non-Operation)

REPUBLIC OF THE PHILIPPINES)

Province of ____________________) S.S.
City/Municipality of _____________)
x-----------------------x

AFFIDAVIT OF NON-OPERATION

I, the undersigned Corporate Secretary of _____________ Corporation, a domestic

corporation duly organized and existing by virtue of the laws of the Republic of the Philippines,
with principal office at _____________, Philippines, DO HEREBY CERTIFY:

1 That after its incorporation in _____________, the aforesaid corporation has not yet
started its operation nor commenced the transaction of its business until the present
date.

2 As such, I am executing this affidavit to attest to the truth of the foregoing.

IN WITNESS WHEREOF, I have hereunto set my hand this _____________ in

_____________, Philippines.

CORPORATE SECRETARY

(JURAT)