ACKNOWLEDGMENT RECEIPT

Received from LEO J. GIGANAN, the amount of TWO HUNDRED FIFTY

THOUSAND PESOS (Php 250,000.00), representing the full payment for the sale of our
undivided share, consisting of TWO HUNDRED FORTY (240) SQUARE METERS, more
or less, in a parcel of land known as Lot No. 3085 of the Cadastral Survey of Sibulan,
Cadastral Case No. 15, L.R.C. Cadastral Record No. 358, with the improvements
thereon, situated in the Barrio of Magatas, Municipality of Sibulan, Province of Negros
Oriental, covered by Original Certificate of Title No. O-V-1039;

Done this __________________ in Sibulan, Negros Oriental.

Received by:

SINECIA ARANAS PO GOMERECINDO ENIEGO ARANAS

Vendor Vendor

TERESITA A. MATIBAG
Vendor

SIGNED IN THE PRESENCE OF:

1. _______________________ 2. _________________________