In the Matter of the ALFM Money Market Fund, Inc.

March 5, 2010 SEC-CFD ORDER NO. 112-10 IN THE MATTER OF THE ALFM MONEY MARKET FUND, INC. , registrant . REGISTRATION OF SECURITIES UNDER THE SECURITIES REGULATION C OD E ORDER Upon consideration of the Registration Statement and other papers and documents attached thereto which were filed on behalf of ALFM MONEY MARKET FUND, INC., the Commission, in its meeting of February 25, 2010, resolved (1) to approve the application of said corporation to act as an investment company under the Investment Company Act and (2) to render effective its Registration Statement covering Two Million (2,000,000) common shares with a par value of Ten Pesos (P10.00), representing its entire authorized capital stock, subject to compliance with the reporting and other requirements of the Securities Regulation Code, Investment Company Act and their Implementing Rules and Regulations, Revised Code of Corporate Governance and to further orders of the Securities and Exchange Commission. A Certificate of Permit to Offer Securities for Sale authorizing the sale of said securities is issued with this Order. Let a copy of this ORDER be published at the expense of the corporation once a week for two (2) consecutive weeks in two (2) newspapers of general circulation in the Philippines within ten (10) days from the date of this ORDER. The subject company is hereby directed to furnish the Commission with a copy of the affidavit of publication of this ORDER. SO ORDERED. March 5, 2010, EDSA, Greenhills, City of Mandaluyong, Metro Manila, Philippines. aSTAcH (SGD.) JUSTINA F. CALLANGAN Director ATTACHMENT Certificate of Permit to Offer Securities for Sale