ACKNOWLEDGEMENT

KNOW ALL MEN BY THESE PRESENTS:

I, ARSENIO ANGARA, of legal age, Filipino Citizen, married, and with residence and
postal address at Boa, Tuding, Itogon, Benguet, Philippines, ACKNOWLEDGED receipt the
amount of ONE HUNDRED THOUSAND PESOS (Php100,000.00) Philippine Currency
from LUIS PABLE, of legal age, Filipino Citizen, widower, and with residence and postal
address at 28 Bugallon, Aurora Hill, Baguio City.

The same amount represents full payment of that motor vehicle which is more
particularly described as follows, to wit:

MAKE / TYPE : Mitsubishi/Pick Up

Motor No. : 4D56A A6673
Serial No. : K14TJUNSL 03090
Plate No. : ACV 915

The necessary deed of sale in his favor will be executed after all the papers are fixed.

IN WITNESS WHEREOF, I hereby set my hand this 4th day of October, 2011, in the
City of Baguio, Philippines.

ARSENIO ANGARA
Recipient
Driver’s License No. P02-01-005562
Expires on August 21, 2013
Issued at San Fernando, Pampanga

Signed in the presence of :

___________________________ ____________________________

Republic of the Philippines)

Done in the City of Baguio ) S.S.

ACKNOWLEDGEMENT

BEFORE ME, a Notary Public for and in the City of Baguio, this 4th day of
October, 2011, personally appeared ARSENIO ANGARA whose identification card appearing
below his name known to me to be the same person who executed the foregoing instrument and
acknowledged to me that the same is his free act and deed.

WITNESS MY HAND AND SEAL.

ROMEO F. BUSLAYAN, JR.

Notary Public for Baguio City
My commission expires December 31, 2011
Privilege Tax Receipt No. 0482635-1/05/11-Baguio City
Integrated Bar of the Philippines No. 841014-1/05/11-Baguio-Benguet
Roll No. 55816-May 5, 2008

Doc. No. 163; Page No. 33; Book No. VI; Series of 2011.