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In the Matter of The Philodrill Corporation

SEC-CFD Order No. 004-09 • Securities and Exchange Commission Departments • Corporate Governance and Finance Department (CGFD) • Jan 13, 2009

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January 13, 2009 SEC-CFD ORDER NO. 004-09 IN THE MATTER OF THE PHILODRILL CORPORATION REGISTRATION OF SECURITIES ORDER Upon consideration of the Registration Statement and other papers and documents attached thereto which were filed on behalf of The Philodrill Corporation , the Commission resolved to render effective the same for the registration of Thirty Eight Billion Three Hundred Seventy Three Million Seven Hundred Sixty One Thousand Seventy One (38,373,761,071) common shares with a par value of P0.01 per share (via stock rights offering) pursuant to Sections 8 and 12 of the Securities Regulation Code and its Implementing Rules and Regulations. Let a Certificate of Permit to Offer Securities for Sale be issued in favor of The Philodrill Corporation authorizing the sale of the aforementioned securities. IT IS RESOLVED. January 13, 2009. Mandaluyong City, Philippines. (SGD.) JUSTINA F. CALLANGAN Director ATTACHMENT Certificate of Permit to Offer Securities for Sale

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