[ LETTER OF INSTRUCTIONS NO. 199, June 29, 1974 ]

TO: Secretary of National Defense
General Fabian Ver, NISA

It is directed that you turn over the assets, securities and records of Continental Bank to the Director, Department of Commercial and Saving Banks, Central Bank of the Philippines, as the statutory Receiver of the Continental Bank.

You shall take all steps necessary to safeguard the assets and to examine the books and records of Vicente T. Tan and of the following companies which are affiliated, related, associated, owned and/or controlled by Vicente T. Tan:

Trans-World Investment Corporation
Victan & Company
First International Investment Company
Far East Petroleum Corporation
Continental Land & Building Corporation
Philcontrust International Corporation
Continental Finance Corporation
Overseas Insurance Corporation
Pentagon Mines, Inc.

Done in the City of Manila, the 29th day of June in the year of our Lord, nineteen hundred and seventy-four.

(Sgd.) FERDINAND E. MARCOS
President of the Philippines


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