SAMPLE NOTICE

TO DOLE ON BUSINESS CLOSURE

[Date]

The Honorable Secretary

Department of Labor and Employment
Manila

SUBJECT: NOTICE OF BUSINESS CLOSURE

Dear Sir:

Our company, [Company Name], a corporation duly organized and existing in

accordance with Philippine Laws and is principally engaged in the business of
[consumer food manufacturing], will be closing our business due to the unrecoverable
financial crises that we have experienced over the past few years that continue to
deplete our resources.

In view of this, and pursuant to Article 286 of the Labor Code, a decision to
permanently close the business has been made, effective on [date]. Please be informed
that our legal department is currently processing the necessary documents and
requirements with the Securities and Exchange Commission.

Meanwhile, in accordance to the requirements of the Labor Code, attached

herewith is the Establishment Termination Report and the list of affected employees as
required by your office. Separate notices have likewise been individually served to
affected employees relative to this matter.

Thank you for your consideration and assistance.

Sincerely yours,

[Name of Employer]
[Position]