Registration/Licensing of Additional Securities Covering P100 Million Worth of Fixed Value Education Plans With Re-Pricing

March 9, 2007 NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENT IN THE MATTER OF AYALA PLANS, INC., registrant (1) REGISTRATION/LICENSING OF ADDITIONAL SECURITIES COVERING P100 MILLION WORTH OF FIXED VALUE EDUCATION PLANS WITH RE-PRICING; (2) REGISTRATION/LICENSING OF ADDITIONAL SECURITIES COVERING P280 MILLION WORTH OF PENSION PLANS WITH RE-PRICING; (3) APPROVAL OF NEW FIXED VALUE EDUCATION PLAN NOTICE AND ORDER Notice is hereby given that on February 27, 2007 and March 2, 2007 sworn registration statements and other supporting documents were filed with the Securities and Exchange Commission for and on behalf of AYALA PLANS, INC. for the following applications: (1) Registration/Licensing of Additional Securities Covering P100 Million Worth of Fixed Value Education Plans with Re-pricing, (2) Registration/Licensing of Additional Securities Covering P280 Million Worth of Pension Plans with Re-pricing and (3) Approval of New Fixed Value Education Plan. These plans will be sold at the following contract prices per units based on annual installments: A. Education Plan Payment My EducationBuilder Life My EducationBuilder Life Plan Term Current Proposed (new product) (Year) Minimum 1 Maximum 2 Minimum 1 Maximum 2 Minimum 1 Maximum 2 One (1) P2,363.00 P2,661.00 P3,270.00 P3,565.00 P2,549.00 P2,779.00 Five (5) 3,090.00 5,620.00 3,630.00 5,510.00 2,815.00 4,250.00 Other modes of payment are disclosed in the actuarial study on file with SEC. B. Pension Plan Payment My MoneyBuilder Life Plan Term Lower Band (50 to 200 units) Higher Band (more than 200 units) (Year) Current Proposed Current Proposed Minimum 1 Maximum 2 Minimum 1 Maximum 2 Minimum 1 Maximum 2 Minimum 1 Maximum 2 One (1) P297.00 P856.00 P462.00 P898.00 P233.00 P832.00 P370.00 P861.00 Five (5) 355.00 850.00 505.00 815.00 295.00 745.00 405.00 760.00 Other modes of payment are disclosed in the actuarial study on file with SEC. Minimum number of units 5. Payment My MoneyBuilder Easy Plan Term Lower Band (50 to 200 units) Higher Band (more than 200 units) (Year) Current Proposed Current Proposed Minimum 3 Maximum 4 Minimum 3 Maximum 4 Minimum 3 Maximum 4 Minimum 3 Maximum 4 One (1) P498.00 P856.00 P637.00 P898.00 P436.00 P832.00 P570.00 P861.00 Other modes of payment are disclosed in the actuarial study on file with SEC. Minimum number of units 50. According to the papers presented, the following persons appear to be the officers/directors of the corporation: Name Position Ma. Ysabel P. Sylianteng Chairman Emilio S. De Quiros, Jr. Director/President Gil A. Buenaventura Director Romeo L. Bernardo Independent Director Albert L. Jugo Independent Director Carmela L. Toribio Chief Finance Officer Carlos B. Aquino Corporate Secretary Said application for registration and other documents attached thereto are open to 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. EIaDHS 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. March 09, 2007. (SGD.) JOSE P. AQUINO Acting Director Published in The Manila Times on March 13 & 20, 2007 .