The following guidelines are issued in connection with the filing of the 2007 Annual Statements:

1. The Annual Statements shall be in the reduced size of the old blue or pink blank form of life or non-life insurance companies, respectively; on legal size bond paper (8 ½ x 14 inches), using either the Times New Roman font size #12 or Arial font size #10. Attached to each Annual Statement shall be the documents enumerated in Annex A^* hereof;

2. The exact formats, columnar headings and footnote instructions found in every page of the old blank forms shall be observed;

3. A soft copy of the Annual Statement and attachments shall also be submitted;

Any Annual Statement submitted with incomplete documents shall not be considered II compliance with the requirement; and

The filing fee shall be Twenty Thousand Pesos (P20,000.00).

Please file your 2007 Annual Statements on or before April 30,2008 to avoid penalty.

Adopted: 18 Feb. 2008

(SGD.) EDUARDO T. MALINIS
Insurance Commissioner

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^* Text Available at Office of the National Administrative Register, U.P. Law Complex, Diliman Quezon City.