Registration/Licensing of P400 Million Worth of Life Plans

May 16, 2005NON-TRADITIONAL SECURITIES AND INSTRUMENTS DEPARTMENTIN THE MATTER OF PHILAM PLANS, INC., registrant.REGISTRATION/LICENSING OF P400 MILLION WORTH OF LIFE PLANSNOTICE AND ORDERNotice is hereby given that on April 25, 2005 a sworn registration statement was filed with the Securities and Exchange Commission for and on behalf of PHILAM PLANS, INC. for the registration and licensing of P400 million worth of Life Plans to be sold at the following gross contract prices based on annual installments:  Payment Term Spot CashFive PayType of PlanMinimumMaximumMinimumMaximumPhilam Basic Life Plann.a.P20,000P100,000Philam Ultima Life PlanP48,600P129,60054,000144,000Philam Enhance Life Plan (Option 50)153,0001,530,000170,0001,700,000Philam Enhanced Life Plan (Option 100)270,0002,700,000300,0003,000,000 Note: Details by mode of payment are available in the actuarial feasibility study filed with SEC.According to the papers presented, the following persons appear to be the officers/directors of the corporation:NamePosition  Jose L. Cuisia Jr.ChairmanJesus G. HofilenaPresident and CEOReynaldo C. CentenoDirectorEdgardo A. GrauDirectorTeresita O. SalongaDirectorAnthony B. SoteloDirectorJosefino R. Sto. DomingoDirectorMa. Fe R. VelascoDirectorJose Marie A. FrancoDirectorManuel L. OrtegaCorporate Secretary Said registration statement and other documents attached thereto are open to inspection by interested parties during business...