(Affidavit for Non-Holding of Corporate Meetings)

REPUBLIC OF THE PHILIPPINES

Province of ____________________ ) S.S.

City/Municipality of _____________

x-----------------------x

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:

1. 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;

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

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

the
on
but
and

3. 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 _____________;

4. 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)