Approval by the Securities and Exchange Commission of the Plan of Agreement and Articles of Consolidation of Rural Bank of Alabang (Muntinlupa), Inc. and Rural Bank of Mansalay (Oriental Mindoro), Inc. to be known as Banco Alabang, Inc. (A Rural Bank)

Beruexo SexrnaL No PrLtPtNAs OFFICE OF THE DEPUTY GOVERNOR "SUPERVISION AND EXAMINATION SECTOR CIRCUIAR TETTER No. C[-2011- 048 To All Banks and Non-Bank Financial Institutions Under BSP Supervision Subject : Approval by the Securities and Exchange Commission of the Plan of Agreement and Artacles of Consolidation of Rural Bank of Alabang {Muntinlupa}, Inc. and Rural Bank of Mansalay (Oriental Mindoro}, Inc. to be known as Banco Alabang, Inc. (A Rural Bankl The Securities and Exchange Commission approved the Plan and Agreement and Articles of Consolidation of Rural Bank of Alabang (Muntinlupa), Inc. and Rural Bank of Mansalay (Oriental Mindoro), Inc. to be known as Banco Alabang, Inc. (A Rural Bank) on 11 May 2011. Effective l July ?:OLL, the banking actiVities and transactions of Rural Bank of Alabang (Muntinlupa), Inc. and Rural Bank of Mansalay (Oriental Mindoro), Inc. have been consolidated under the corporate name Banco Alabang, Inc. (A Rural Bank). For your informatlon and guidance. It luty zou