16 April 2012

To whom it may concern,

I, Eduardo V. Garduque, hereby authorize my sister, Ma. Estela G. Toledo, to transact and collect any documents on my behalf. Since I am not in a position to come to your office myself, I have no objection for Ma. Estela G. Toledo signing documents if there is any. I am willing to enclose any copy of my identification to prove that this request is valid. For security purposes, I have attested below my own signature and the signature of the authorized person. Thank you very much for your kind cooperation.

Sincerely,

Mr. Eduardo V. Garduque

Ma. Estela G. Toledo Authorized Person