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ACKNOWLEDGMENT OF TRUST

KNOW ALL MEN BE THESE PRESENTS:


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I, LINO O. CANGO, of legal age, Filipino, married, and a resident of Bacolod City,
Philippines, after being sworn to in accordance with law, hereby depose and declare:

That in the corporate records of C - PRIME CORPORATION, a domestic


10 corporation duly organized and existing under and by virtue of the laws of the Republic of
the Philippines, I am listed as a stockholder of record of point eight percent _(.80%)_ shares
of stocks in the aforesaid corporation, each share of stocks having a par value of one Peso
(P1.00) per share;

15 That by these presents, I hereby declare and acknowledge that I am holding the
aforesaid shares listed in my name as a nominal shareholder and in-trust for HONELYN G.
VILLAROSA, Filipino, of legal age and a resident of Bacolod City, Philippines.

This Trust shall include the nominal shareholder’s right to the civil fruits of the
20 entrusted stocks. However, the termination of employment from C-Prime Corporation (i.e.
resignation, dismissal, death and other analogous circumstances) shall result to the automatic
forfeiture of the Trust and all its corresponding rights and benefits. As such, I am executing
this Deed to attest to the truth of the foregoing and agree to the recording of all necessary
entry in the corporate books of the corporation to reflect the ownership of the
25 aforementioned shares of stocks.

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


City of Bacolod, Philippines.

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LINO O. CANGO

SIGNED IN THE PRESENCE OF:

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__________________ __________________

REPUBLIC OF THE PHILIPPINES)


40 CITY OF BACOLOD) SS.
x------------------------------------x

ACKNOWLEDGMENT

45 BEFORE ME, a Notary Public in the City of Bacolod personally appeared LINO O.
CANGO with ____________I.D. No. _____________, who represented to me that his
signature on the foregoing instrument was voluntarily affixed by him for the purposes stated in
the instrument and who declared that he has executed the foregoing instrument as his free and
voluntary act and deed. This Instrument consists of only one (1) page, including this page in
50 which this acknowledgment is written, duly signed by the parties.

WITNESS MY HAND AND SEAL this _______ at Bacolod City, Philippines.

Doc. No. ______;


55 Page No. ______;
Book No.______;
Series of 20____.

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