Rural Bank of Reina Mercedes (Isabela), Inc.

February 27, 2014 BANK BULLETIN NO. 07-14 TO : All BIR Authorized Agent Banks SUBJECT : Rural Bank of Reina Mercedes (Isabela), Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept RURAL BANK OF REINA MERCEDES (ISABELA), INC. checks, as well as taxpayers' checks drawn from the said Bank, in payment of internal revenue taxes. This advisory is in view of the letter of Philippine Deposit Insurance Corporation (PDIC) dated February 10, 2014 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 204 dated February 7, 2014 which prohibited RURAL BANK OF REINA MERCEDES (ISABELA), INC. with Office address at Brgy. Tallungan, Reina Mercedes, Isabela from doing business in the Philippines and placed the same under receivership with the PDIC as the designated Receiver. The Bank has two (2) branches located at the following addresses: Branch Address 1. Cauayan City of Cauayan, Isabela 2. San Mateo San Mateo, Isabela For your guidance and strict compliance. (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue