[ VRB MEMORANDUM CIRCULAR NO. 2001-008, NOVEMBER 28, 2001, November 28, 2001 ]

COST OF THE VRB HOLOGRAM STICKER



Please be advised of the following Board Resolution No. 01-11-11 as approved by the Directors of the Videogram Regulatory Board during its regular meeting held on the 28th of November 2001 at the 3rd Floor CSP Building, 815 Quezon Avenue, Quezon City.

"RESOLVED, as it is hereby resolved, that in the light of the present economic situation, the Board hereby reduces the cost of the VRB hologram sticker from P5.70 to 3.50.

All the existing hologram stock are to be sold at the aforementioned lowered cost.

This Board Resolution shall take effect on December 01, 2001 until revoked or superceded by the Board."

Adopted: 28 Nov. 2001

(SGD.) ATTY. LUALHATI R. BUENAFE, CESO II
Chairperson and Chief Executive Officer