‘Bldg, 229, SBMA Center, Waterton! load, Subic Bay Freeport Zone Phits. 2222 ‘Tolophone (6947) 252-4172-74/4366 Facsimile. (6347) 262.6170 OFFICE OF THE CORPORATE SECRETARY 6 sbma Certification No. 08-431 Series of 2008 MEMORANDUM ‘Subject . POLICY REQUIREMENT FOR CONSTRUCTION COMPANIES This certifies that: The records of the Office of the Corporate Secretary show that during the One Hundred Second (102) Meeting of the Board of Directors of the Subic Bay Metropolitan Authority held last 30 May 2008 wherein there was @ quorum to validly transact business, the following resolution was approved: Resolution No. 08-05-2400 “Resolve, as it is hereby resolved, to reiterate as the Board hereby reiterates the compliance of the policy requiring construction companies, even those foreign Owned to secure a Philippine Construction Accreditation Board (PCAB) license.” Issued this 6” day of June 2008, Corporate Secretary