AFFIDAVIT OF QUITCLAIM AND WAIVER OF RIGHTS That WE, QUINTIN AMBAY JR.

, ROSALINO AMBAY, SINON AMBAY, ROSARIO AMBAY, ALICIA AMBAY, DURADO & LORETA AMBAY UMAMBONG, of legal ages, Filipinos and with residence and postal address at Yapak, Malay, Aklan, Philippines, after having been duly sworn to in accordance with law, jointly depose and say: 1.

That our father, QUINTIN AMBAY (deceased) and ROSARIO AMBAY, the mother of CLAUDIO GATARIN owned in common a parcel of land more particularly described as follows; A parcel of land designated as Lot 793-pt, situated at Yapac, Malay Aklan with an area of 6800 square meters, more or less, bounded in the North by Lot#793-pt.-P. Ambay; on the South by Lot # 789; on the East by Brgy. Road and on the West by Lot # 793-pt. E. Sacapano. Said land is declared in the name of QUINTIN AMBAY under ARP/TD No. 017-0108-0109 for the year 1994. 2.

That in a Deed of Adjudication with Waiver of Rights executed by us before Notary Public Higino c. Macabales dated June 10, 2004 and recorded in his Notarial Book as Doc. No. 296; Page No. 60; book No. XIV; Series of 2004, we have adjudicated unto ourselves the above described parcel of land; 3.

That recognizing the ownership of CLAUDIO GATARIN over the aforementioned parcel of land declared in the name of QUINTIN AMBAY, we, Heirs of QUINTIN AMBAY do hereby waive, renounce, quitclaim and return any and all rights, interest and participation whatsoever over the above-mentioned parcel of land in favor of CLAUDIO GATARIN, his heirs, successors and assigns now and in perpetuity; 4.

That we do not interpose nor object to the issuance of new Tax Declaration in the name of CLAUDIO GATARIN; 5.

That we hereby acknowledged any act of ownership of said CLAUDIO GATARIN over the above described parcel of land; 6.

That we are executing this affidavit freely and voluntarily fully aware of the consequences of this document;
IN WITNESS WHEREOF

, we have hereunto set our hands this ____________ at Kalibo, Aklan, Philippines. QUINTIN AMBAY, JR ROSALIWO AMBAY CTC No. 21039308 CTC No. __________

Issued on May 8, 2006 Issued on __________ Issued at Yapac, Malay, Aklan Issued at ____________ SINON AMBAY ROSARIO AMBAY CTC No. 21039309 CTC No. 21039310 Issued on May 8, 2006 Issued on May 8, 2006 Issued at Yapac, Malay, Aklan Issued at Yapac, Malay, Aklan ALICIA AMBAY DURADO LORETA AMBAY UMAMBONG CTC No. 21039308 CTC No. 21039312 Issued on May 8, 2006 Issued on May 8, 2006 Issued at Yapac, Malay, Aklan Issued at Yapac, Malay, Aklan REPUBLIC OF THE PHILIPPPNES PROVINCE OF AKLAN ) MUNICIPALIY OF KALIBO ) S.S. ACKNOWLEDGMENT BEFORE ME, this _______________________________ at Kalibo, Aklan, Philippines, affiants, QUINTIN AMBAY JR., ROSALINO AMBAY, SINON AMBAY, ROSARIO AMBAY, ALICIA AMBAY, DURADO & LORETA AMBAY UMAMBONG, personally appeared exhibiting to me their Community Certificates as indicated above, known to me to me to be the same persons who executed the foregoin instrument consisting of two (2) pages including this page on which this Acknowledgment is written, duly signed by them and their instrumental witnesses on each and every page thereof, and further acknowledged to me that the same is their own free and voluntary act and Deed. IN WITNESS WHEREOF, I have hereunto set my hand, the day, year and place above written. Doc. No.________ Page No. ________ Book No. ________ Series of 2006