August 15, 2012

Dear Mr. Abella:

This is to advise you that upon the recommendation of the HGC Bids and Awards Committee, the contract for the procurement of Steel Open Shelves is awarded to KRONNE STEEL CORPORATION for Three Hundred Sixty One Thousand Six Hundred Twenty Pesos Only (P 361,620.00).

Very truly yours,

CORAZON G. CORPUZ
Acting Executive Vice President/
Vice President, Corporate Services Group