BSP Circular Letters BSP Circular Letter No. CL-2007-031BSP Circular Letter No. CL-2007-031 2007-06-12T00:00:00.000+08:00

Merger between BDO and EPCI

entral inas

MayniLa, Pilipinas

OFFICE OF THE DEPUTY GOVERNOR SUPERVISION AND EXAMINATION SECTOR

CIRCULAR LETTER NO. CL-2007- 031

To ALL BANKS AND NON-BANK FINANCIAL INTERMEDIARIES WITH QUASI-BANKING FUNCtiONS

Subject:Merger between BDO and EPCl

2006,by and between BANCO DE:ORO UNIVERSAL BANK(BDO),surviving corporation and EQUITABLE PCI BANK, INC. (EPCI), absorbed corporation, whereby the entire assets and liabilities of EPci will be transferred to and absorbed by BDO. The surviving corporation shall be called BANCO DE 2007 the Plan of Merger and Articles of Merger executed on 28 December Oro --EPci, iNc. The Securities and Exchange Commission (SEC) approved on 25 May

The approval took effect on 31 May 2007.

For information and guidance

10 Nestor a.. sPeniLlA

Deputy Governo

IV June 2007

PANANALAPING MATATAG, BANSANG PANATAG

A. Mabini St.. Malate 1004 Manila. Philippines Trunkline (632) 524-70-11 URL:wiv.bsp.gov.ph e-mail: bspmail(@bsp.gov.ph

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