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In the Matter of Philweb Corporation

SEC-CFD Notice • Securities and Exchange Commission Departments • Corporate Governance and Finance Department (CGFD) • Jul 26, 2006

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July 26, 2006 CORPORATION AND FINANCE DEPARTMENT IN THE MATTER OF PHILWEB CORPORATION REGISTRATION OF SECURITIES NOTICE Notice is hereby given that on July 26, 2006, a sworn registration statement was filed with the Securities and Exchange Commission for and on behalf of PHILWEB CORPORATION for the registration of its TWENTY FIVE BILLION ONE HUNDRED TWENTY MILLION (25,120,000,000) common shares with an issue price of P0.020 each. cAECST According to the papers presented, the following are the directors and officers of the corporation: Name Position Roberto V. Ongpin Chairman Ray C. Espinosa Vice Chairman Dennis O. Valdes Director and President Eric O. Recto Director Tomas I. Alcantara Independent Director Ramon S. Ang Director Benito R. Araneta Independent Director Randall Cox Independent Director Craig Ehrich Director Mariano L. Galicia, Jr. Director Mario J. Locsin Independent Director Mario A. Oreta Independent Director Rafael B. Ortigas Director Roberto V. San Jose Corporate Secretary George H. Tan Director Delfin J. Wenceslao Independent Director Sonia C. Veras Vice-President, Treasurer and Controller Said registration statement and other papers/documents attached thereto are open to inspection by interested parties during business hours, and copies thereof, photostatic or otherwise, shall be furnished to every party at such reasonable fees as the Commission may prescribe. EcHAaS (SGD.) JUSTINA F. CALLANGAN Director Published in The Manila Times on September 15 & 18, 2006 .

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