REPUBLIC OF THE PHILIPPINES }

DONE: IN THE CITY OF BAGUIO } S.S.

X ======================= X

AFFIDAVIT OF TRANSFEREE

I, JEY T. PONCE, single, of legal age, Filipino citizen and a resident of No. 18
Valenzuela St., Salud Mitra, Baguio City, Philippines, after having been sworn to in
accordance with law do hereby depose and state that:

1. My total aggregate landholdings, including the parcel of land containing a land

area of ONE HUNDRED FIFTY (150) SQUARE METERS, located at Barangay Balili,
La Trinidad, Benguet, that I acquired from MARIA REMEDIOS L. BELLO, thru a
Deed of Absolute Sale of a Registered Land covered by Doc. No. 50; Page No. 10;
Book No. I; Series of 2011 of the Notarial Registry of Atty. CHRISTY B. DAYTEC of
Baguio City, Philippines, dated January 31, 2011, does not exceed FIVE (5)
hectares;

2. That I am executing this affidavit in compliance with Department of Agrarian

Reforms Administrative Order No. 1-89, as well as to show proof that my total
aggregate land holdings, including the portion of land I acquired from MARIA
REMEDIOS L. BELLO, does not exceed five (5) hectares;

IN WITNESS WHEREOF, I have hereunto set my hand this 21 st day of February

2011, in the City of Baguio, Philippines.

JEY T. PONCE
Affiant

SUBSCRIBED AND SWORN to before me in the City of Baguio this 21 st day of February
2011, by Jey T. Ponce, who has satisfactorily proven her identity through VANESSA M.
MUZONES, who is personally known to me and who personally knows the principal, that
she is the same person who executed and personally signed the foregoing affidavit before
me and acknowledged that she executed the same.

LIYA ORTEGA-RODRIGUEZ
Notary Public
Until December 31, 2012
Doc. No. _19__; PTR No. 050183/Baguio City/01-11-11
Page No. _4___; Roll of Atty. No. 8121983
Book No. I ; IBP Lifetime Membership No. 9031984
Series of 2011. Baguio-Benguet

NOTED BY:
BARC - Balili, La Trinidad, Benguet