Application for a Certificate of Authority to Operate as a Financing Company

April 15, 2005 IN THE MATTER OF BENEFICIARIES FINANCING COMPANY, INC. (FORMERLY, BENEFICIARIES LENDING INVESTOR CORP.) APPLICATION FOR A CERTIFICATE OF AUTHORITY TO OPERATE AS A FINANCING COMPANY NOTICE AND ORDER Notice is hereby given that the above-named corporation has filed an application for a Certificate of Authority to engage in financing business in accordance with Sections 2, 4, and 5 of the Rules and Regulations to Implement the Provisions of Republic Act No. 8556 (The Financing Company Act of 1998). Its principal office shall be at 109 Cailles St., Sta. Cruz, Laguna. Capital Structure of the Applicant: Authorized Capital Stock P10,000,000.00 Subscribed Capital Stock 2,725,000.00 Paid-up Capital Stock 2,725,000.00 According to the papers/documents presented, the following persons are the directors/officers of the corporation: Name Position Allan Roy L. Rodrigo President Arnold M. Ramos Director/Vice-President Augusto M. Manguiat Director/Treasurer Josephine R. Tibayan Director/Auditor Harold R. Borbon Director/Secretary This Notice and Order shall be published in a newspaper of general circulation in the Philippines once a week for two (2) consecutive weeks and shall be simultaneously posted in a public and conspicuous place in the City/Municipality where the office of the company is proposed to be located and in the office of the Commission. Any interested party may oppose the application in writing, personally or through counsel within two (2) weeks after the last publication of the Notice. If the Commission finds that the requirements of R.A. No. 8556, the implementing Rules and Regulations and other pertinent laws have been complied with and no valid reason exists for the disapproval of the subject application, the Commission shall take appropriate action on said application. SaCDTA SO ORDERED. (SGD.) JUSTINA F. CALLANGAN Director Published in The Manila Times on April 19 & 25, 2005 .