Suntrust Ecotown Developers Inc.

Certificates

Suntrust Ecotown Developers, Inc. is the

developer of Suntrust Ecotown Tanza , initially a 160-

hectare property in Tanza, Cavite. The project will be an

environment friendly Ecozone Township integrating

residential, commercial, institutional development within

or adjoining the light-medium industrial zone. The

entire township project is intended to cover a total land

area of around 350 hectares. The industrial zone which

will initially cover 111 hectares is duly-registered with

the Philippine Economic Zone Authority pursuant to

Presidential Proclamation No. 226

Philippine Economic Zone Authority (PEZA) Incentives

In general, enterprises located in ecozones are entitled to incentives that include:

ü An Income Tax Holiday (ITH) of 4 years for non-pioneer projects and 6 years

for pioneer projects. Extension years can also be granted provided the

company meets certain criteria.

ü After the ITH expires, a 5% Special Tax on Gross Income and exemption from

all local and national taxes is applicable.

ü Zero taxes and duties in the importation of capital equipment, raw materials,

machineries, and spare parts. An exemption on wharfage duties and export tax

is applicable as well.

ü Zero VAT on local purchases and an exemption for all local government imposts,

fees, licenses, or taxes.

ü Zero expanded withholding tax.

ü Non-fiscal incentives such as simplified import-export procedures, employment

of non-resident foreign nationals, special visas for foreign employees in certain

positions, and more.

Philippine Industrial Estate Association (PHILEA)

Industrial park developments accredited by the Philippine Industrial Estate

Association (PHILEA) are assured to be world-class industrial estates. Industrial

estates, including the SUNTRUST ECOTOWN TANZA, managed by PHILEA-member

companies are assured to be masterfully planned and located in key development

areas in the Philippines.

Securities and Exchange Commission (SEC)

Securing from deceit, misrepresentations, and other fraud in the sale of securities,

upon SEDI's registration to SEC the public can be assured of the legality of the

corporation and its financial stability.