>Pursuant to the powers vested in me under Republic Act No. 7916, otherwise known as the Special Economic Zone of 1995, as amended by Republic Act No. 8748 and upon the recommendation of the Board of Directors of the Philippine Economic Zone Authority (PEZA), I, GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, do hereby create and designate as Information Technology (IT) Park, subject to the provisions of Republic Act No. 7916 as amended, its Implementing Rules and Regulations, and Resolution No. 02-313 dated 26 September 2002 of the PEZA Board of Directors, a parcel of land of the private domain situated at Ayala Triangle, Barangay Bel-Air, Makati City, consisting of FIFTY THOUSAND ONE HUNDRED FORTY FIVE (50,145) SQUARE METERS, more or less, as defined by the following technical description:

A parcel of land (Lot 2, of the consolidation and subdivision plan Pcs-007602-005069-D, being a portion of the consolidation Lots 1 & 2, Psd-007602-021226-D, LRC Rec. No. 2029) situated in the Barangay of Bel-Air, City of Makati (Rizal), Metro Manila, Island of Luzon. Bounded on the SE., along lines 27-1-2 by Street ' Lot 8 (LRC) Psd-6207 & Beyond Lot 58-A-3, Psd-10893 Makati Avenue (35.00 m. wide) on the SE., & SW., along lines 2 to 10 by Street Lot 9 (LRC) Psd-6207, (Ayala Avenue, 45.00 m. wide) on the NW., along lines 10 to 17 by Lot 1, of the consolidation & subdivision plan and on the NW., & NE., along lines 17 to 27by Street Lot 10 (LRC) Psd-6207 (Paseo de Roxas, 35.00 m. wide).

Beginning at a point marked from BLLM 1, City of Makati, 1" on plan, being S. 33 deg. 06' W., 1644.60 m.

thence	S.	32	deg.	33'	W.,	4.34	m.	to point	2;
thence	S.	44	deg.	42'	W.,	4.34	m.	to point	3;
thence	S.	56	deg.	51'	W.,	4.34	m.	to point	4;
thence	S.	69	deg.	00'	W.,	4.34	m.	to point	5;
thence	S.	81	deg.	09'	W.,	4.34	m.	to point	6;
thence	N.	86	deg.	42'	W.,	4.34	m.	to point	7;
thence	N.	74	deg.	33'	W.,	4.34	m.	to point	8;
thence	N.	62	deg.	24'	W.,	4.34	m.	to point	9;
thence	N.	56	deg.	20'	W.,	147.78	m.	to point	10;
thence	N.	33	deg.	40'	E.,	73.71	m.	to point	11;;
thence	N.	56	deg.	20'	W.,	72.73	m.	to point	12;
thence	N.	33	deg.	40'	E.,	15.50	m.	to point	13;
thence	N.	73	deg.	40'	E.,	48.99	m.	to point	14;
thence	S.	56	deg.	20'	E.,	41.23	m.	to point	15;
thence	N.	33	deg.	40'	E.,	83.12	m.	to point	16;
thence	N.	56	deg.	20'	W.,	18.69	m.	to point	17;
thence	N.	73	deg.	06'	E.,	195.05	m.	to point	18;
thence	N.	80	deg.	31'	E.,	3.10	m.	to point	19;
thence	S.	84	deg.	40'	E.,	3.10	m.	to point	20;
thence	S.	69	deg.	51'	E.,	3.10	m.	to point	21;
thence	S.	55	deg.	02'	E.,	3.10	m.	to point	22;
thence	S.	40	deg.	12'	E.,	3.10	m.	to point	23;
thence	S.	25	deg.	23'	E.,	3.10	m.	to point	24;
thence	S.	10	deg.	34'	E.,	3.10	m.	to point	25;
thence	S.	04	deg.	15'	W.,	3.10	m.	to point	26;
thence	S.	19	deg.	04'	W.,	3.10	m.	to point	27;
thence	S.	26	deg.	21'	W.,	333.93	m.	to point	of

beginning; containing an area of FIFTY THOUSAND ONE HUNDRED FORTYFIVE (50,145) SQUARE METERS, more or less. All points referred to are indicated on the plan and are marked on the ground by PS cyl. conc, mons., bearings true; date of the original survey, December 10, 1923-January 9, 1924 (Psu-41347) and that of the subdivision survey, August  1,  1993 and was approved on October 1, 1993.

IN WITNESS THEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed hereto.

Done in the City of Manila, this 14th day of July, in the year of Our Lord, Two Thousand and Three.


By the President:

(Sgd.) ALBERTO G. ROMULO
Executive Secretary