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AFFIDAVIT OF NON-OPERATION OF A CORPORATION

REPUBLIC OF THE PHILIPPINES )


_____________________________ ) SS.

I, (name of affiant), Filipino, of legal age, single/married to (name of


spouse), and a resident of (address of affiant), after having been duly
sworn in accordance with law, hereby depose and say:

1. That I am the President of , a corporation duly organized and


existing under the laws of the Philippines with principal office at
______________________;

2. That said corporation was incorporated on but has not yet


commenced its operation because of
_____________________________________;

3. That the stockholders and directors of the corporation are


contemplating on reviving its operation in the near future when
the opportunity comes;

4. That this affidavit is being executed in order to attest to the


truth of the foregoing circumstances and for the purpose of
complying with the reportorial requirements of the Securities
and Exchange Commission.

IN WITNESS WHEREOF, I have hereunto affixed my signature this


____day of ____________ 20___ at ____________, Philippines.

_________________________________
(Signature of Affiant over Printed Name)

SUBSCRIBED AND SWORN TO BEFORE ME, a notary public in and for


_________(City/Province)____________ this ____th day of ____________
20___. Affiant personally came and appeared with _____________(Competent
Evidence of Identity)______ issued by the _________(Government
Agency)______ on ___(date)__ at ________(place)_________, bearing his
photograph and signature, known to me as the same person who personally
signed the foregoing instrument before me and avowed under penalty of law to
the whole truth of the contents of said instrument.

ATTY _________________________________
Doc. No. 123 COMMISSION NO. _____________________
Page No. 69 NOTARY PUBLIC for AGOO, LA UNION
Book No. VII UNTIL DECEMBER 31, 2007
Series of 2007 OFFICE: 9 Cases Blvd. Sta Barbara, Agoo La Union
ROLL NO. 00001
IBP Lifetime Roll No. 1234567 ; 01/07/07 ; LA UNION
PTR NO 1234567 ; 01/07/07 ; LA UNION
MCLE COMPLIANCE No. __________; July 7, 2007

This document is executed to support a claim by a corporation that it has not yet
gone into operation and therefore not yet subject to tax and reportorial
requirement by the SEC.

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