Registration of Debt Securities (Under Shelf Registration)

March 14, 2017 SEC-MSRD ORDER NO. 8, S. 2017 IN THE MATTER OF MEGAWORLD CORPORATION ., registrant . REGISTRATION OF DEBT SECURITIES (UNDER SHELF REGISTRATION) ORDER Upon consideration of the Registration Statement and other papers and documents attached thereto filed on behalf of MEGAWORLD CORPORATION , the Commission, in its meeting of 9 March 2017, favorably considered the application for shelf registration of Thirty Billion Pesos (P30,000,000,000.00) worth of Fixed Rate Bonds , in accordance with the requirements of Sections 8 and 12 of the Securities Regulation Code. HTcADC For the first tranche, the company applied to offer up to Eight Billion Pesos (P8,000,000,000.00) with an over-subscription option of up to Four Billion Pesos (P4,000,000,000.00) worth of 7-year Series B Fixed Rate Bonds Due 2024 with an interest rate of 5.3535% per annum . In this regard and after determining that the company has complied with the required submissions as directed in the Pre-Effective Letter issued on 9 March 2017, the subject Registration Statement is now rendered effective . Let a Certificate of Permit to Offer Securities for Sale authorizing the sale and distribution of up to Eight Billion Pesos (P8,000,000,000.00) with an over-subscription option of up to Four Billion Pesos (4,000,000,000.00) worth of 7-year Series B Fixed Rate Bonds Due 2024 with an interest rate of 5.3535% per annum relative to the first tranche be issued in favor of the company. Let this Order be published at the expense of the Issuer in a newspaper of general circulation and uploaded in its website within two (2) business days from its issuance. The corporation is hereby directed to furnish the Commission with a copy of the affidavit of publication of this Order. The sale and distribution of the remaining securities under the subsequent tranches shall be conducted only after the issuance by the Commission of the pertinent permit. SO ORDERED. EDSA, Mandaluyong City, Philippines, March 14, 2017. (SGD.) VICENTE GRACIANO P. FELIZMENIO, JR. Director Published in The Philippine Star on March 16, 2017.