REPUBLIC OF THE PHILIPPINES}

CITY OF } S. S.

AFFIDAVIT OF NO INCOME

I, ___________________, Filipino, of legal age and a resident

of________________________________, after being duly sworn hereby depose and say
that:

1. I am the _______________ of ___________________________________, a

domestic corporation organized and existing under the laws of the Republic of the
Philippines with its principal address located at
the_______________________________, hereinafter referred to as the
“Corporation”;

2. The Corporation was incorporated on ____________________ and registered

with the Securities and Exchange Commission with Company Registry No.
________________;

3. In _____________, the Corporation had no Sales or Receipts due to the fact that
there were no clients yet as the offices, organizational structure and operations
were just being established;

4. This affidavit was issued to declare the fact that the Corporation had no income
during 2008 for purposes of assessment of taxes and permits.

IN WITNESS WHEREOF, I have set my hand this, ______th day of __________

20____, at ____________ City, Philippines.

_______________________

TIN:
JURAT

SUBSCRIBED AND SWORN to before me, a Notary for and in ________ City, this ____th day
of ___________20____, affiant exhibiting his Community Tax Certificate No. ____________ issued on
__________ at _____________, Philippines.

NOTARY PUBLIC
Doc. No. _____;
Page No. _____;
Book No. _____;
Series of 20___.