Registration/Licensing of P200 Million Worth of Life Plans

December 28, 2005 NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENT IN THE MATTER OF PHILAM PLANS, INC., registrant. REGISTRATION/LICENSING OF P200 MILLION WORTH OF LIFE PLANS NOTICE AND ORDER Notice is hereby given that on December 9, 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 P200 million worth of Life Plans to be sold at the following gross contract prices based on annual installments: Payment Term Type of Plan Spot Cash Five-Pay Minimum Maximum Minimum Maximum Philam Basic Life Plan n.a. P20,000 P100,000 Philam Ultima Life Plan P48,600 P129,600 54,000 144,000 Philam Enhanced Life Plan 153,000 1,530,000 170,000 1,700,000 (Option 50) Philam Enhanced Life Plan 270,000 2,700,000 300,000 3,000,000 (Option 100) (Option 100) Note : Details by mode of payment are available in the actuarial feasibility study filed with the 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 Victor Tan Director Ma. Fe R. Velasco Director Jose Marie A. Franco Director Manuel L. Ortega Corporate Secretary Said application for registration 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. 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. Any person may file an opposition thereto within ten (10) days from date of last publication of this Notice and Order. SO ORDERED. EDSA, Mandaluyong City, Philippines (SGD.) MERLE JOY B. PASCUAL Assistant Director Registration and Licensing Division Published in The Manila Times on December 30, 2005 & January 5, 2006.