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In the Matter of Megaworld Corporation

SEC-CFD Order No. 180-09 • Securities and Exchange Commission Departments • Corporate Governance and Finance Department (CGFD) • Dec 2, 2009

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December 2, 2009 SEC-CFD ORDER NO. 180-09 IN THE MATTER OF MEGAWORLD CORPORATION , 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 MEGAWORLD CORPORATION, the Commission resolved in its meeting of November 12, 2009 to render effective the same for the registration of Four Billion One Hundred Two Million Forty Five Thousand Three Hundred Eighty (4,102,045,380) Bonus Detachable Warrants and Four Billion One Hundred Two Million Forty Five Thousand Three Hundred Eighty (4,102,045,380) Underlying Shares , 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 and distribution of the aforementioned securities. SO ORDERED. EDSA, Mandaluyong City, Philippines, December 2, 2009. TCcIaA (SGD.) JUSTINA F. CALLANGAN Director ATTACHMENT Certificate of Permit to Offer Securities for Sale

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