In the Matter of the First Metro Save & Learn Fixed Income Fund, Inc.

August 12, 2014

SEC-CGFD ORDER NO. 170-14

IN THE MATTER OF THE FIRST METRO SAVE & LEARN FIXED INCOME FUND, INC., registrant.

REGISTRATION OF SECURITIES UNDER THE SECURITIES REGULATION CODE

ORDER

Upon consideration of the Registration Statement and other papers and documents attached thereto filed on behalf of FIRST METRO SAVE & LEARN FIXED INCOME FUND, INC., the Commission, in the meeting on August 7, 2014, resolved to render the same effective, for the registration of Seven Hundred Million (700,000,000) common shares with a par value of One Peso (P1.00) subject to compliance with the reporting and other requirements of the Securities Regulation Code, Investment Company Act and their Implementing Rules and Regulations, Revised Code of Corporate Governance, existing SEC circulars on investments in foreign securities and to further orders of the Securities and Exchange Commission and to applicable regulations of the Bangko Sentral ng Pilipinas.

A Certificate of Permit to Offer Securities for Sale authorizing the sale of said securities is issued with this Order.

Let a copy of this ORDER be published at the expense of the corporation once...

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