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Registration and Licensing of Fixed Value Education Plans with Change Changes in Pricing

SEC-NTD (Notice and Order) • Securities and Exchange Commission Departments • Non-Traditional Securities and Instruments Department (NTD) • Mar 23, 2006

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March 23, 2006 NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENT IN THE MATTER OF HIMLAYANG PILIPINO PLANS INC., registrant REGISTRATION AND LICENSING OF FIXED VALUE EDUCATION PLANS WITH CHANGE CHANGES IN PRICING NOTICE AND ORDER Notice is hereby given that on March 7, 2006 a sworn registration statement was filed with the Securities and Exchange Commission for and on behalf of HIMLAYANG PILIPINO PLANS, INC. for additional registration and licensing of fixed value education plans (ACE PLAN) with Changes in Pricing to be sold at the following gross contract prices: CURRENT PROPOSED Payment 4-year college 5-year college 4-year college 5-year college Term Minimum Maximum Minimum Maximum Minimum Maximum Minimum Maximum SPOT P5,849 P15,065 P6,047 P15,561 P5,718.24 P14,499.00 P5,906.88 P14,971.6 CASH Five-pay 6,136 15,800 6,346 16,321 6,315.60 16,071.00 6,525.20 16,596.00 Other modes of payment are disclosed in the registration papers filed with the Securities and Exchange Commission. According to the papers presented, the following persons appear to be the officers/directors of the corporation: Name Position Valentin S. Daez Chairman/President Virginia L. Ong Senior Executive Vice-President Leah M. Laxamana Senior Vice-President-Comptroller Lawrence Aguirre Director Catherine Hernandez Director Cesar S. Paguio Director Ramon E. Montano Director Eduardo S. Rodriguez Independent Director Ma. Amelita C. Villarosa Director Edgar C. Galvante Independent Director Joel Raymond R. Ayson Corporate Secretary Said registration statement and other documents attached thereto are open to inspection by interested 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. ACTEHI Any person may file an opposition thereto within ten (10) days from publication of the Notice. SO ORDERED. EDSA, Mandaluyong City, Philippines (SGD.) MERLE JOY B. PASCUAL Assistant Director Published in The Manila Times on March 25 and April 1, 2006 .

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