AFFIDAVIT OF NON-OPERATION

REPUBLIC OF THE PHILIPPINES )

City/Municipality of _____________ ) S.S.
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)