Price of Sugar at Millsite for the Week-Ending April 24, 2016 Issued by the Licensing and Monitoring Division, Regulation Department, Sugar Regulatory Administration

May 4, 2016 OPERATIONS MEMORANDUM NO. 2016-05-01 TO : ACIR, Large Taxpayers Service All Regional Directors All Revenue District Office All Others Concerned SUBJECT : Price of Sugar at Millsite for the Week-Ending April 24, 2016 Issued by the Licensing and Monitoring Division, Regulation Department, Sugar Regulatory Administration This Operations Memorandum (OM) is hereby issued in order to circularize the attached full text of the Price of Sugar at Millsite for the Week-Ending April 24, 2016 (Annex "A") provided to this Bureau by the Licensing and Monitoring Division, Regulation Department, Sugar Regulatory Administration (SRA), pursuant to Revenue Regulations No. 13-2015 dated October 12, 2015. It is informed that an RMC shall be issued within five (5) working days after the month of issuance of the weekly OMs, pursuant to Revenue Delegation Authority Order (RDAO) No. 3-2016 dated April 18, 2016. Accordingly, all revenue officials and employees are hereby enjoined to give this OM as wide a publicity as possible. For your information and guidance. (SGD.) ELVIRA R. VERA Assistant Commissioner Collection Service ANNEX A Republic of the Philippines Department of Agriculture SUGAR REGULATORY ADMINISTRATION Sugar Center Bldg., North Ave., Diliman, Quezon City Philippines 1101 TIN 000-784-336 REGULATION DEPARTMENT-Q.C. SUGAR PRICE AT MILLSITE BY SUGAR CLASS FOR WEEK-ENDING APRIL 24, 2016 IN PESOS PER 50 KILOGRAM BAG CROP YEAR 2015-2016 24 April 2016 CROP YEAR 2014-2015 26 April 2015 MILL DISTRICT "A" EXPORT "B" DOMESTIC 100% "C" RESERVED "D" WORLD COMPOSITE PRICE 100% "A" EXPORT "B" DOMESTIC 100% "C" RESERVED "D" WORLD COMPOSITE PRICE 100% PHILIPPINES - 1,819.77 - 1,819.77 841.67 1,731.38 - - 1,686.90 LUZON - 1,730.00 - - - 812.00 1,673.99 - - - BATANGAS 802.00 1,612.00 - - - CARSUMCO No Price 810.00 1,655.97 - - - DON PEDRO No Price 824.00 1,693.00 - - - PENSUMIL 1,730.00 NB 1,735.00 - - - SWEET CRYSTALS (PORAC) No Bidders NOP NOP - - - TARLAC No Bidders TERMINATED URC-SURE Balayan 1,730.00 TERMINATED NEGROS - 1,844.01 - - 857.08 1,771.24 - - - BAIS (CAB) 1,922.99 871.00 1,709.99 - - - BISCOM TERMINATED - - - - - FIRST FARMERS 1,890.00 847.00 1,822.00 - - - HAW-PHIL. CO. 1,875.35 - 1,826.67 - - - LA CARLOTA (CAC) TERMINATED - - - - - LOPEZ 1,801.00 857.88 1,760.00 - - - OPTION-MPC 1,801.00 857.88 1,760.00 - - - SAGAY 1,801.00 857.90 1,760.00 - - - URC-SONEDCO 1,835.00 850.00 1,760.00 - - - URC-TOLONG * 1,828.49 UN-AWARDED UN-AWARDED - - - URSUMCO 1,885.00 NB NB - - - VICTORIAS 1,800.26 857.88 - - - - PANAY - - - - 907.89 1,902.50 - - CAPIZ No Bidding NB NB - - - CASA No Bidding NB NB - - - URC-PASSI I No Bidding 907.89 1,902.50 - - - E. VISAYAS - 1,810.72 - - - - 1,735.00 - - - BOGO-MEDELLIN 1,800.00 - 1,735.00 - - - DURANO III - - - - - - HISUMCO 1,821.44 TERMINATED MINDANAO - 1,775.00 - - - 813.33 1,656.67 - - - BUSCO No Bidders 800.00 1,550.00 - - - COTABATO No Bidders NB NB - - - CRYSTAL No Bidders 820.00 1,710.00 - - - DAVAO 1,775.00 820.00 1,710.00 - - - * Per CL#5 Series of 2012 Prepared by: Certified Correct: (SGD.) MA. CAROLINA G. DUNTON (SGD.) LUISITO C. MALAGKIT Senior Sugar Prod. & Reg. Officer Chief Licensing & Monitoring Division Licensing & Monitoring Division May 2, 2016 Noted by: (SGD.) DAISY CORAZON N. FABIA Manager III Regulation Department