Registration/Licensing of P2 Billion Worth of Pension Securities and Price Increase of Pension Products and Funds Series and Wealth Builder

May 25, 2006 NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENT IN THE MATTER OF PRUDENTIALIFE PLANS, INC., registrant 1. REGISTRATION/LICENSING OF P2 BILLION WORTH OF PENSION SECURITIES 2. PRICE INCREASE OF PENSION PRODUCTS FUND SERIES AND WEALTH BUILDER NOTICE AND ORDER Notice is hereby given that on May 15, 2006 a sworn registration statement and other supporting documents were filed with the Securities and Exchange Commission for and on behalf of PRUDENTIALIFE PLANS, INC., for the following applications: 1) registration/licensing of additional pension plans worth P2 billion worth of and 2) price increase of pension products, namely: Pension Fund Series and Wealth Builder Pension Plan to be sold at the following contract prices per unit of P10,000.00 based on annual mode of payment: a. Pension Fund Series Band 1 (Maturity Value of less than P200,000) Payment Fund Starter Fund Builder Term Current 1 Proposed 2 Current 1 Proposed 2 Minimum Maximum Minimum Maximum Minimum Maximum Minimum Maximum Spotcash P1,389 P8,310 P2,585 P8,047 P1,410 P8,375 P3,324 P8,831 2 Years 1,494 8,500 2,666 8,296 1,560 8,700 3,428 9,104 3 Years 1,698 8,910 2,748 8,553 1,845 8,967 3,534 9,384 4 Years 1,796 9,352 2,832 8,816 1,948 9,520 3,644 9,676 5 Years 1,950 9,850 2,920 9,090 2,270 10,500 3,755 9,975 10 Years 2,430 9,200 5,900 9,840 2,900 9,500 6,060 10,750 Band 1 (Maturity Value of less than P200,000) Payment Fund Builder Plus Premium Fund Builder Term Current 1 Proposed 2 Current 1 Proposed 2 Minimum Maximum Minimum Maximum Minimum Maximum Minimum Maximum Spotcash P1,800 P18,980 P3,674 P15,625 P1,990 P19,200 P4,249 P15,891 2 Years 2,016 20,300 3,788 16,108 2,420 20,540 4,380 16,382 3 Years 2,124 21,750 3,906 16,608 2,580 22,050 4,515 16,890 4 Years 2,300 23,000 4,024 17,120 2,700 23,280 4,656 17,412 5 Years 2,560 24,650 4,150 17,650 3,020 25,000 4,800 17,950 10 Years 3,200 17,000 8,170 18,060 4,080 17,500 9,720 19,230 Band 2 (Maturity Value greater than or equal to P200,000) Payment Fund Starter Fund Builder Term Current 1 Proposed 2 Current 1 Proposed 2 Minimum Maximum Minimum Maximum Minimum Maximum Minimum Maximum Spotcash P1,250 P8,060 P1,996 P7,804 P1,269 P8,123 P2,461 P8,477 2 Years 1,344 8,244 2,058 8,046 1,404 8,438 2,538 8,738 3 Years 1,527 8,643 2,121 8,295 1,659 8,697 2,616 9,009 4 Years 1,616 9,068 2,188 8,552 1,752 9,232 2,696 9,288 5 Years 1,755 9,550 2,255 8,815 2,040 10,185 2,780 9,575 10 Years 2,180 8,280 3,510 8,280 2,610 8,550 4,520 9,770 Band 2 (Maturity Value greater than or equal to P200,000) Payment Fund Builder Plus Premium Fund Builder Term Current 1 Proposed 2 Current 1 Proposed 2 Minimum Maximum Minimum Maximum Minimum Maximum Minimum Maximum Spotcash P1,620 P18,410 P2,709 P15,156 P1,791 P18,624 P3,546 P15,413 2 Years 1,814 19,690 2,792 15,624 2,178 19,922 3,656 15,890 3 Years 1,911 21,096 2,880 16,107 2,322 21,387 3,768 16,380 4 Years 2,068 22,308 2,968 16,608 2,428 22,580 3,884 16,888 5 Years 2,300 23,910 3,060 17,120 2,715 24,250 4,005 17,410 10 Years 2,880 15,300 4,850 15,300 3,670 15,750 6,720 15,750 b. Wealth Builder Band 1 (Maturity Value of less than P200,000) Band 2 (Maturity Value greater than or equal to P200,000) Payment Term Current 3 Proposed 3 Current 3 Proposed 3 Minimum Maximum Minimum Maximum Minimum Maximum Minimum Maximum Spotcash P14,386 P9,415 P16,427 P11,970 P13,501 P8,875 P15,896 P11,422 2 Years 14,830 9,706 16,934 12,340 13,918 9,150 16,388 11,776 3 Years 15,291 10,005 17,457 12,723 14,349 9,432 16,896 12,138 4 Years 15,764 10,316 18,000 13,116 14,792 9,724 17,416 12,516 5 Years 16,250 10,635 18,555 13,520 15,250 10,025 17,955 12,900 10 Years 13,990 13,990 15,550 15,500 13,090 13,090 13,170 13,170 c. Other Pension Products Payment Alternative Marketing 4 Fund Secure 4 Maxi Income Builder 4 Term Minimum Maximum Minimum Maximum Minimum Maximum Spotcash P75,816 P75,816 P25,231 P25,231 - - 2 Years 78,162 78,162 - - - - 3 Years 80,580 80,580 - - - - 4 Years 83,072 83,072 - - - - 5 Years 85,640 85,640 28,500 28,500 P16,900 P16,900 Note: Minimum number of units is 10 units or minimum Maturity Value equal to 100,000. Based on the documents filed, the following persons appear to be its officers and directors: Name Position JOSE L. SANTOS Chairman Emeritus FRANCISCO A. ALBA Chairman JOSE ALBERTO T. ALBA Director/President ANTONIO A. PICAZO Director/Corporate Secretary ANTONIO P. GATMAITAN Director FRANCISCO T. ALBA, JR. Director Said application and other documents attached thereto are open for inspection by interested parties during office hours, and photocopies thereof shall be provided upon written request and after payment of the required fees. Any person may file an opposition thereto within ten (10) days from date of last publication of this Notice and Order. AaECSH Let this Notice and Order be published, at the expense of the corporation, in two (2) newspapers of general circulation in the Philippines once a week for two (2) consecutive weeks. SO ORDERED. EDSA, Mandaluyong City, Philippines. (SGD.) MERLE JOY B. PASCUAL Assistant Director Registration & Licensing Division Published in The Manila Times on May 27 & June 3, 2006 .