Manila

BY THE PRESIDENT OF THE PHILIPPINES

PROCLAMATION NO. 1257

CREATING AND DESIGNATING THE BURGUNDY CORPORATE TOWER BUILDING, LOCATED AT 252 SEN. GIL PUYAT AVENUE, MAKATI CITY, AS INFORMATION TECHNOLOGY CENTER PURSUANT TO REPUBLIC ACT NO. 7916, AS AMENDED BY REPUBLIC ACT NO. 8748

Pursuant to the powers vested in me under Republic Act No. 7916, otherwise known as the “Special Economic Zone Act of 1995”, as amended by Republic Act No. 8748, and upon recommendation of the Board of Directors of the Philippine Economic Zone Authority, I, GLORIA MACAPAGAL-ARROYO, President of the Philippines, do hereby create and designate, subject to the provisions of Republic Act No. 7916, as amended, its Implementing Rules and Regulations, Resolution No. 00-411 dated 29 December 2000 and Resolution No. 06-255 dated 13 June 2006 of the PEZA Board of Directors, a building known as the Burgundy Corporate Tower Building as Information Technology Center which stands on a parcel of land of the private domain located at 252 Sen. Gil Puyat Avenue, Makati City, with an area of Two Thousand One Hundred Seventy Seven and 14/100 (2,177.14) Square Meters, more or less, as defined by the following technical description:

TCT No. 201307

Lot 1-A-2-B

Psd-00-035549

A parcel of land (Lot 1-A-2-B of the subdivision plan Psd-00-035549, being a portion of Lot 1-A-2, Psd-00-7602-028085-D LRC Rec. No. 2029) situated in the Brgy. of San Lorenzo, Municipality of Makati, Metro Manila, Island of Luzon. Bounded on the SE., along line 1-2 by Street Lot 9 (LRC) Psd-2991, Tindalo Street (before) Urban Avenue (now); on the SW., along line 2-3 by Lot 1-A-2 of the subdivision plan; on the NW., along line 3-6 by Street Lot 8 (LRC) Psd-2991, Buendia Avenue (before) Sen. Gil Puyat (now); and on the NE., along line 6-1 by Lot 1-B(LRC) Psd-5811.

Beginning at a point marked “1” on plan, being S. 68 deg. 08’W., 2265.56 m. from BLLM No. 1, Mun. of Makati;

thence

S.

62    deg.

48′   W.,

43.18    m.

to point 2;

thence

S.

27    deg.

19′   W.,

50.21    m.

to point 3;

thence

N.

62    deg.

17′   E.,

19.92    m.

to point 4;

thence

N.

62    deg.

45′   E.,

19.54    m.

to point 5;

thence

N.

64    deg.

16′   E.,

3.84      m.

to point 6;

thence

S.

27    deg.

12′   E.,

50.31    m.

to the point of

beginning; containing an area of Two Thousand One Hundred Seventy Seven and 14/100 (2,177.14) square meters, more or less. All points referred to are indicated on the plan and are marked on the ground by old points except points 2 and 3 by spike, bearings true, date of original survey, December 10, 1923 – January 9, 1924 that of the subdivision survey on April 2, 1955 and approved on May 4, 1995.

IN WITNESS THEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed hereto.

Done in the City of Manila, this 23rd day of March, in the year of Our Lord, Two Thousand and Seven.

(Sgd.) GLORIA MACAPAGAL-ARROYO

By the President:

(Sgd.) EDUARDO R. ERMITA

Executive Secretary