SPECIAL POWER OF ATTORNEY

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SPECIAL POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS:

We, GANDI T. LUGASAN married to Almera Santos; of legal ages, have named, constituted and appointed and by these presents do hereby NAME, CONSTITUTE and APPOINT, ARVIN RAGENIL, married, of legal age, to be my/our true and lawful Attorney-In-Fact, for me/our and in my/our name, place and stead, for my/our own use and benefit, to do and perform all or any of the following acts, deeds and things, to wit:

To sell, offer for sale the a certain parcel of land known as Lot No.253 located at Los Angeles with an area of Twenty Two Thousand Ninety Six (22,096) square meters covered by TCT No. T-020210;
To sign, execute and deliver deed of absolute sale, contract or any other instrument or document of whatever kind, as maybe necessary or proper as said Attorney- in-Fact may, in her discretion, deem to be my/ our best interest.
To demand, collect, receive and accept the proceeds thereof, in cash or in check and if in check to endorse and en cash the same in any third party and/or any bank or banking institution.
Price at 500/ sq. meter

HEREBY GIVING and GRANTING unto my/ our said attorney-in-fact full power and authority to do and perform any and every act, thing whatsoever requisite or necessary or proper to be done in and about the premises, as fully to all intents and purposes as I/we might or could do if personally present shall lawfully do or cause to be done by virtue of these presents with full power of substitution and revocation, and hereby ratifying and confirming all that my/our said attorney or her substitute shall lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, We have hereunto affixed our signature this ___ day of ____________, 2007 at County of Santa Clara

GANDI T. LUGASAN
Principal

ARVIN RAGENIL
ATTY-IN-FACT

SIGNED IN THE PRESENCE OF:

_______________________ ________________________

ACKNOWLEDGEMENT

(Province)

BEFORE ME, A Notary Public for and in County of Santa Clara, on this ___ day of _________, 2007, personally appeared:

Known to me and to me known to be the same persons who executed the foregoing instrument and acknowledge to me that the same as their free act and voluntary deed.

WITNESS MY HAND AND SEAL on the date and place above-written.

Doc. No. _______
Book No._______
Page No. _______
Series of 2007

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