I-Remit, Inc.: Compliance with Structured Reportorial Requirements of the Exchange

May 16, 2013 PSE MEMORANDUM NO. DA-0317-13 TO : The Investing Public and Trading Participants Company : I-Remit, Inc. Compliance with Structured Reportorial Requirements of the Exchange This is with reference to Memorandum DA-No. 2013-0301 dated May 10, 2013. As announced in the said Memorandum, pursuant to Section 17.8 on Sanctions for Non-Compliance with Certain Structured Reportorial Requirements of the Revised Disclosure Rules (the "Rules"), failure by listed companies to comply with the requirements of the Exchange will result in the automatic suspension of the trading of the listed companies' shares starting on May 17, 2013 up to a maximum period of three (3) months. DTAHSI In this connection, please be informed that I-Remit, Inc. ("I" or the "Company") has submitted its Annual Report, using SEC Form 17-A, for the fiscal year ended December 31, 2012 (the "2012 Annual Report"). The Company's 2012 Annual Report is available for downloading at the PSE website under Company Reports of the Corporate Disclosures section. Further, pursuant to Section 4 of the Penalties and Fines under the Listing and Disclosure Rules of the Exchange, please be informed that the Company has paid the corresponding penalties imposed for delayed submission of the 2012 Annual Report. In view of the Company's compliance with the structured reportorial requirements under the Rules, the trading of the Company's shares will not be suspended. For the information and guidance of the investing public. (SGD.) JANET A. ENCARNACION Head, Disclosure Department Noted by: (SGD.) MARSHA M. RESURRECCION Head, Issuer Regulation Division <http://www.pse.com.ph/resource/memos/2013/DA_2013-0317.pdf> last visited May 27, 2013.