Registration/Licensing of P4.0 billion Worth of Pension Plans

March 31, 2005 NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENT IN THE MATTER OF PHILAM PLANS, INC., registrant . REGISTRATION/LICENSING OF P4.0 BILLION WORTH OF PENSION PLANS NOTICE AND ORDER Notice is hereby given that on March 28, 2005 a sworn registration statement was filed with the Securities and Exchange Commission for and on behalf of PHILAM PLANS, INC. for the additional registration and licensing of P4.0 billion worth of PANGARAP pension plans to be sold at the following gross contract prices based on annual installments: Payment Term Basic Insurance Plus (Year) Minimum Maximum Minimum Maximum Five Year 1 P4,132.0 P5,292.0 P4,412.0 P5,579.0 Seven Year 2 6,649.0 5,448.0 6,823.0 5,706.0 Ten Year 1 5,010.0 5,679.0 5,229.0 5,834.0 Note : Details by mode of payment are available in the actuarial feasibility study filed with SEC. According to the papers presented, the following persons appear to be the officers/directors of the corporation: Name Position Jose L. Cuisia Jr. Chairman Jesus G. Hofilena President and CEO Reynaldo C. Centeno Director Edgardo A. Grau Director Teresita O. Salonga Director Anthony B. Sotelo Director Josefino R. Sto. Domingo Director Ma. Fe R. Velasco Director Jose Marie A. Franco Director Manuel L. Ortega Corporate Secretary Said registration statement and other documents attached thereto are open to inspection by interest parties during business hours, and copies thereof, photostatic or otherwise, shall be furnished to anyone upon request as such reasonable fees as the Commission may prescribe. Any person may file an opposition thereto within ten (10) days from publication of the Notice. SO ORDERED. EDSA, Mandaluyong City, Philippines. For the Director: (SGD.) MERLE JOY B. PASCUAL Assistant Director, Registration and Licensing Division Published in The Manila Times on March 6 & 11, 2005 .