AFFIDAVIT OF NON-HOLDING OF MEETING

I, _____________, Filipino, of legal age, (single / married / widow), and a resident

of _____________, Philippines, after being sworn to in accordance with law,
depose and state:

That I am the Corporate Secretary of _____________, a corporation duly

organized and existing under and by virtue of the laws of the Republic of the
Philippines, with principal office located at _____________, Philippines;

That as a Corporate Secretary of the said corporation, I called for the annual

stockholders’ meeting and board of directors’ meeting on _____________ in
accordance with the By-Laws of the corporation, but because of lack of
quorum due to the absence of some stockholders and directors, the meeting
was not held;

That since there was no quorum, it was decided after a consensus was taken
from the stockholders present that the annual meeting of the stockholders
and the organizational meeting of the board of directors for the year ________
be moved or, transferred to _____________;

That I am executing this affidavit to attest to the fact that no meeting of the
stockholders and directors was held on _____________ and for submission to
the Securities and Exchange Commission as required.

IN WITNESS WHEREOF, I have hereunto affixed my signature, this

_____________ at _____________, Philippines.

CORPORATE SECRETARY
(JURAT)