In the Matter of the Italpinas Development Corporation

May 20, 2015 SEC-MSRD IN THE MATTER OF THE ITALPINAS DEVELOPMENT CORPORATION, 1 registrant . REGISTRATION OF SECURITIES IN RELATION TO AN INITIAL PUBLIC OFFERING NOTICE Notice is hereby given that on 20 May 2015, a sworn Registration Statement was filed with the Securities and Exchange Commission on behalf of Italpinas Development Corporation for the registration of up to 221,618,800 common shares with a par value of Php 0.50 per share, divided as follows: (1) Up to 57,662,060 common shares that shall be offered and sold by the way of a primary offering at an offer price of up to Php4.20; and (2) 163,996,800 common shares with a par value of Php0.50 per share which shall not be included in the offer. The final offer price for the offer shares will be determined through a book-building process and discussions between the company and the Joint Issue Managers and will be made known on or before the start of the offering period. According to the documents presented, the following persons are the officers/directors of the corporation: Name Positions Romolo Nati Director, Chairman and Chief Operating Officer Jose Leviste, .Jr Director, Vice-Chairman Jose Leviste, III Director/President Shennan Sy Director/Treasurer Elvira Ablaza Independent Director Jose Araullo Independent Director Paolo Selva Director Christine P. Base Corporate Secretary Said registration statement and other papers/documents attached thereto are open to inspection by interested parties during business hours, and copies thereof, photostatic or otherwise, shall be furnished to every party upon request at such reasonable fee as the Commission may prescribe. The Registration Statement filed on 20 May 2015 and any subsequent amendments therein may also be downloaded from the company's website: www.italpinas.com (SGD.) VICENTE GRACIANO P. FELIZMENIO, JR. Director Footnotes 1. Formerly ITALPINAS EUROASIAN DESIGN & ECO DEVELOPMENT CORPORATION, the application to amend the Articles of Incorporation and By-laws to change the name is pending with the Securities and Exchange Commission. Published in The Philippine Daily Inquirer on June 12 and 15, 2015.