[ SEC MEMORANDUM CIRCULAR 5, April 30, 1998 ]

INCREASE IN FEES FOR MICROFILM REPRODUCTION



To help defray the increasing administrative cost incurred for microfilm reproduction, the Commission resolved to increase the fees for microfilm copies of documents as follows:
Document Type Plain Microfilm Authenticated Copy   Copy (Certified True Copy) Articles of Incorporation P 65* P 100.00 By-Laws P 65* P 100.00 General Information Sheet P 15* P 30.00 Increase in Capital Stock P 30* P 55.00 Resolution P 10* P 25.00 Secretary Certificate P 10* P 25.00 Board Resolution P 10* P 25.00 Registration Data Sheet P 15* P 25.00 Deed of Assignment P 10* P 25.00 Other documents P 5/page plus Reproduction cost   P10 per corporation plus P 10/document
[*] Excludes borrowing fee of P 10/corporation
The certification fee on corporate Filing/Information shall be increased from P 100.00 to P 200.00.

The increase in fees shall take effect on June 1, 1998.

Please be guided accordingly.

Adopted: 30 April 1998

(SGD.) PERFECTO R. YASAY, JR
Chairman