CPA MEMORANDUM CIRCULAR NO. 01, S. 2011 15% INCREASE IN RENTAL RATES February 02, 2011

Pursuant to Sec. 2.3 of CPA Memorandum Circular No. 05-2002 (Revised Guide- lines in the Leasing of CPA Real Estate Properties & Equipment), rental rates of all CPA real estate properties are hereby increased byFIFTEEN PERCENT (15%)effective01 April 2011.

Pursuant to said increase, below is the set of new rental rates, inclusive of 12% Value Added Tax and rounded off to the nearest peso:

		Charging Unit	Area	New Rental Rate (with 12% VAT)
INTERNATIONAL PORT
Open Space		per sqm.		47.00
Enclosed/Covered/Building/Office		per sqm.		151.00
Open Shed		per sqm.		67.37
DOMESTIC PORT
Open Space		per sqm.		44.04
Enclosed/Covered/Building/Office		per sqm.		151.00
TICKET BOOTH/BAGGAGE COUNTER
Terminal 3 Ticket Booth		per unit	2.5m x 2.5m	8,625.00
Terminal 3 Baggage Counter		per unit	3.0m x 3.5m	14,490.00
Toledo Terminal Ticket Booth		per unit	2.5m x 2.5m	2,300.00
Punta Engaño Ticket Booth		per unit	1.3m x 3.0m	1,150.00
Sta. Rosa Ticket Booth		per unit	2.3m x 3.0m	1,150.00
CONCESSIONAIRE SPACE
DANAO AMENITY CENTER
Stall Nos. 1 & 2		per unit	1.85 x 2.2m	1,725.00
Stall Nos. 3-12		per unit	1.85 x 2.2m	1,380.00
Booths (Open Space)		per unit		920.00
PIERS 3
Stall Concessionaire Space		per unit	6.1m x 2.5m	14,685.59
TERMINAL 3
Stall Concessionaire Space		per unit	3.0m x 2.0m	8,280.00
For guidance and compliance.

Adopted: 02 February 2011

(SGD.) ENGR. DENNIS R. VILLAMOR, CEO VI
General Manager