Antonio V.

Baez and Luisita Baez Valera

567 village east Cainta Rizal
Nena Baez Hojilla, and Edgardo B. Hojilla
789 village east Cainta Rizal

2, October 2017

Dearest: Maam and Sir:

In representation of Republic of the Philippines, as by the Privatization and Management

Office (PMO), in a matter of recovery of possession of land and damages and the non-compliance
of the said Letter of Agreement you executed therein together with our client.

Documents shows that Paragraphs 2 and 3 of the Letter of Agreement provided, that
payment shall be made by BANTAYAN only upon presentation by the co-owners to BANTAYAN of
certificate/s and/or clearances, with corresponding receipts, issued by the appropriate
government office/s or agency/ies to the effect that capital gains tax, real estate taxes on the
Property and local transfer tax and other taxes, fees or charges due on the transaction and/or on
the Property have been paid. Despite the several cash advances you asked from our client, which
reached the total amount of, more or less, Two Hundred Seventeen Thousand Pesos
(P217,000.00), which you did not comply the said obligation indicated in the said Letter
Agreement. Thus, you also did not inform our client to your additional contract that you entered
upon, and that was a Special power of attorney which was contains that the authority to handle
the said Land was transfer to third person where in it is prejudicial to our clients part.

Wherefore, we, as represent the Republic of the Philippines demanded for the execution of
herein obligation stated in the Letter Agreement that you and our client entered upon. This
demand must be taken action TEN (10) days from the day it receipt this letter. Nor, otherwise we
will filed a mandatory legal action opposes on your part to secure the rights of our client.

We are hoping for the giving attention to this, to avoid unnecessary dispute and
interruption on both parties.

Truly yours,
ATTY. CATHERINE MUNSOD
Chairperson of Privatization Management Office (PMO)