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

June 3, 2005 IN THE MATTER OF BALIKATAN HOUSING FINANCE, INC. 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 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 R.A. No. 8556 (The Financing Company Act of 1998). Its principal office shall be in Metro Manila. Applicant's Capital Structure Authorized Capital Stock P200,000,000.00 Subscribed Capital Stock 62,900,000.00 Paid-up Capital Stock 62,900,000.00 (*Paid-up capital is exclusive of premium amenities to P681,240,383.16) According to the papers/documents presented, the following persons are the directors/officers of the corporation: seccd06 Name Position 1. Celso G. de los Angeles, Jr. President 2. Eduardo T. Manicio Director/Treasurer 3. Antonio de los Reyes Director 4. Daniel Q. Lacuata Director 5. Fermin T. Arzaga Director 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 principal office of the company is proposed to be located and in the office of the Commission. CIcEHS 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. 2005cdtai SO ORDERED. (SGD.) JUSTINA F. CALLANGAN Director Published in The Manila Times on June 4 & 6, 2005.