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REPUBUC OF THE PHILIPPINES

BUREAU OF THE TREASURY lNTRAMUROS, MANILA 1002

CERTIFICATION

This is to certify that the Presidential Commission on Good Government (PCGG) has remitted (0 the Bureau of the Treasury (BTr) a total of P75,524,701,751.26 for the Comprehensive Agrarian Reform Program (CARP) as of 30 June 2011. proceeds from the 'This is to certify fw1her that of the Forfeited Swiss Deposits only P24,511,269,765.00 was credited to the CARP .Fund while the balance of PIO,531,971,906.16 remains under Ii liability account in the books of the BTr. This certification is issued upon the request of PCGG Chairman Andres D. Bautista in a letter dated 18 July 2011.

BERTOB. TAN

Tre urer of the Philippines 27 July 2011

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