(Affidavit for NonHolding 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:

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;

That as a Corporate Secretary of the said corporation, I called for the annual stockholders'
meeting and board of directors' meeting on _____________ in accordance with the By-Laws of
the corporation, but because of lack of quorum due to the absence of some stockholders and
directors, the meeting was not held;

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 _____________;

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

SUBSCRIBED AND SWORN to before me, this _____________, by _____________ who

exhibited to me (his/her) Community Tax Certificate No. _____________ issued at
_____________, Philippines on _____________.

Notary Public

Doc. No. ______;

Page No. ______;

Book No. ______;

Series of ______;