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        <DIV align=center><FONT face=Arial size=2><STRONG>ATENEO DE MANILA 
        MULTI-PURPOSE COOPERATIVE</STRONG></FONT></DIV>
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          <DIV><FONT face=Arial size=2>The following&nbsp;Resolutions were 
          passed by the AMPC Board of Directors during its Meeting yesterday, 27 
          February 2008:</FONT></DIV>
          <DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
          <DIV><FONT face=Arial size=2><STRONG>Board Resolution No. 
          2008.11&nbsp;&nbsp;&nbsp; </STRONG></FONT><FONT face=Arial size=2>The 
          Patronage Refund of&nbsp;Departments/Offices with outstanding 
          receivables will be witheld</FONT><FONT face=Arial size=2>&nbsp;until 
          payment has been made.</FONT></DIV>
          <DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
          <DIV><FONT face=Arial size=2><STRONG>Board Resolution No. 
          2008.12&nbsp;&nbsp;&nbsp;&nbsp;</STRONG></FONT><FONT face=Arial 
          size=2>Starting Saturday, 1 March 2008, the AMPC will be charging 1% 
          per month for the receivables that are&nbsp;thirty days 
          overdue.</FONT><FONT face=Arial size=2>&nbsp; </FONT></DIV></BLOCKQUOTE>
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