Pursuant to the powers vested in me under Republic Act No. 7916 (The Special Economic Zone Act of 1995), as amended by Republic Act No. 8748, I, GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, do hereby create and designate, subject to the provisions of Republic Act No. 7916, as amended, its Implementing Rules and Regulations, Resolution No. 00-411 dated 29 December 2000 as amended by Resolution No. 04-295 dated 20 September 2004 and Resolution No. 06-479 dated 31 October 2006 of the Board of Directors of the Philippine Economic Zone Authority, an area located at Barangay Apas, Cebu City, as an annexation to the existing Asiatown IT Park consisting of an area of TWELVE THOUSAND SIX HUNDRED THIRTY THREE (12,633) SQUARE METERS, more or less, as defined by the following technical description:

TCT No. T-180364
LOT 933-A, Pas-114779

A parcel of land (Lot 933-A of the subdivision plan (LRC) Psd-114779, being a portion of Lot 933 of the Banilad Estate, LRC (GLRO) Rec. No. 5988) situated in the City of Cebu Island of Cebu.

Bounded on the NW. and NE points 5 to 6 and 6 to 1, by Lot 933-C of the subdivision plan; on the SE., and SW. points 3 to 4 to 5 by Lot 930, all of Banilad Estate.

Beginning at a point marked "1" on plan, being N. 85 deg. 28'W., 442.28 m. from Mon. No. 4, Banilad Estate;

thence	S.	55	deg.	05'E.,	156.30 m.	to point 2;
thence	S.	63	deg.	52'E.,	5.90 m.	to point 3;
thence	S.	22	deg.	07'W.,	58.20 m.	to point 4;
thence	N.	58	deg.	15'W.,	199.70 m.	to point 5;
thence	N.	21	deg.	19'E.,	66.52 m.	to point 6;
thence	S.	58	deg.	15'E.,	40.00 m.	to point of

beginning; containing an area of Twelve Thousand Three Hundred Seventy Five (12,375) Square Meters, more or less. All points referred to are indicated on the plan and marked on the ground as follows: Point 3, by Old Points 5 and 6 by PS cyl. conc. mons 15x60. and the rest by PLS cyl. conc. mons. 15x60 cm., bearings true; declination 1 deg. 20'E., date of the original survey, August 1906-July 1907, and that of the subdivision survey, December 1, 1969.

TCT No. T-180362
Lot 5 (LRC), Psd-138296

A parcel of land (Lot 5, Pcs-07-001133, being a portion of the consolidation subdivision of Lot 933-C-1, 933-C-2, 933-C-7 (LRC) Psd-138296, (LRC) Rec. No. 5988), situated in the District of Lahug, City of Cebu, Province of Cebu, Island of Cebu.

Bounded on the NE, point 1 to 2, by Lot 6; of the consolidation-subdivision plan; on the SE., points 2 to 3 by Lot 933-A (LRC) Psd-114779, on the SW, points 3 to 4 by Lot 930, Banilad Estate; on the NW. points 4 to Lot 1, by Lot 14 (Existing Road)

Beginning at a point marked "1" on plan being N. 88 deg. 16'W 509.43 m. from Mon. 4, Banilad Estate;

Thence	S.	74	deg.	18'E.,	17.30 m.	to point 2;
Thence	S.	21	deg.	19'W.,	18.00 m.	to point 3;
Thence	N.	58	deg.	15'W.,	15.96 m.	to point 4;
Thence	N.	14	deg.	52'E.,	13.50 m.	to point of

beginning; containing an area of Two Hundred Fifty Eight (258) Square Meters, more or less. All points referred to are indicated on the plan and are marked on the ground by PS cyl. conc. monc 15x60 cm. diameter; bearings true; Date of original survey, August 1906-July 1907, and that of the consolidation-subdivision survey executed by Geodetic Engr., Vicente C. Barameda, on May 25, 1987 approved by the Bureau of Lands, March 25, 1988.

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 11th day of September, in the year of our Lord, Two Thousand and Seven.


By the President:

(Sgd.) EDUARDO R. ERMITA
Executive Secretary