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In the Matter of Ripple E-Business International, Inc.

SEC-CFD Order No. 127-09 • Securities and Exchange Commission Departments • Corporate Governance and Finance Department (CGFD) • Aug 18, 2009

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August 18, 2009 SEC-CFD ORDER NO. 127-09 IN THE MATTER OF RIPPLE E-BUSINESS INTERNATIONAL, INC. , registrant . REGISTRATION OF SECURITIES ORDER Upon consideration of the Registration Statement and other papers and documents attached thereto which were filed for and on behalf of RIPPLE E-BUSINESS INTERNATIONAL, INC., the Commission resolved in its meeting of July 23, 2009 to render effective the same for the registration of its Fifteen Million Five Hundred Sixty-Nine Thousand Fifteen (15,569,015) common shares comprising of 10,989,893 shares with a par value of P1.00 representing its issued and outstanding shares and 4,579,122 shares to be issued and sold to the public by way of Initial Public Offering at an offer price of P4.37 per share, in accordance with Section 12 of the Securities Regulation Code and SRC Rule 12. Let a Certificate of Permit to Offer Securities for Sale be issued in favor of the subject company authorizing the sale of the aforementioned securities. SO ORDERED. EDSA, Mandaluyong City, Philippines, August 18, 2009. (SGD.) JUSTINA F. CALLANGAN Director ATTACHMENT Certificate of Permit to Offer Securities for Sale

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