ACKNOWLEDGMENT RECEIPT

April 28, 2008

Receive from Mr. & Mrs Roger Sandoval/Michelle Sandoval the sum of Six Hundred Thousand Pesos Only (600,000.00),  issuing Planters Bank Check No. 123456 dated as above, as Partial Payment for the House & Lot Package located at Ciudad Grande, Phase II, Baguio City with a lot area of 115 square meters & floor area of 80 square meters.

Received By :

Eireen de Guzman
Marketing Executive

Noted By:
Eduardo San Jose
Proprietor/General Manager

Conformed By:
Michelle Sandoval