SCHEDULE OF FEES 1. Head Office P 50,000.00 plus LRF* P 20,000.

00 plus LRF*
2. Branch P 10,000.00 plus LRF* P 5,000.00 plus LRF*
as of 20 May 2004 I. Investment Houses/Underwriters of
Securities Dealing in Government
I. REGISTRATION OF NEW CORPORATIONS / PARTNERSHIPS Securities
A. Name Verification / Reservation P 40.00 per allowed name (30 day-reservation) 1. Head Office P 50,000.00 plus LRF* P 30,000.00 plus LRF*
Fee 2. Branch P 10,000.00 plus LRF* P 5,000.00 plus LRF*
B. Articles of Incorporation/Partnership J. Associated Person of Investment P 1,000.00 plus LRF* P 500.00 plus LRF*
1. Stock Corporation with par 1/5 of 1% of the authorized capital stock or the subscription Houses
value price of the subscribed capital stock whichever is higher but K. Transfer Agents P 10,000.00 plus LRF* P 3,000.00 plus LRF*
not less than P1,000.00 plus LRF* L. Stock Exchanges P 50,000.00 plus LRF*
2. Stock corporation without par 1/5 of 1% of the authorized capital stock computed at
REPUBLIC OF THE PHILIPPINES value P100.00 per share or the subscription price of the
Additional Fees 1/100th of the 1% of the aggregate amount of sales of
securities transacted during the preceding calendar year
SECURITIES AND EXCHANGE COMMISSION subscribed capital stock whichever is higher but not less
than P1,000.00 plus LRF*
M. Clearing Agencies and Central
Depositories
3. Non-stock corporation P 500.00 plus LRF*
Additional Fees P 50,000.00 plus LRF*
4. Partnerships 1/5 of 1% of the Partnerships capital but not less than
O. Financing Companies 1/10 of 1% of the amount of paid-up capital stock
P 1,000.00 plus LRF*
Head and Branch Office plus LRF*
C. By-laws of both stock and non- P 500.00 plus LRF*
Annual Fee 1/8 of 1% of the required paid-up capital stock
stock corporation
Head and Branch Office plus LRF*
D. Applications Under Foreign P 2,000.00 plus LRF*
P. Investment Company P 5,000.00
Investments Act (aside from the
Q. Pre-need Company
A CITIZENS MANUAL ON filing fee for articles of
incorporation) 1. Dealer
Head Office P 10,000.00 plus LRF* P 5,000.00 plus LRF*
E. License to Operate Foreign Corporations
1. Branch Office 1% of the actual inward remittance of the corporation Branch
converted into Philippine currency but not less than Within Metro Manila P 5,000.00 plus LRF* P 2,500.00 plus LRF*
P 2,000.00. plus LRF* Outside Metro Manila P 2,500.00 plus LRF* P 1,500.00 plus LRF*
2. Representative Office 1/10 of 1% of the actual inward remittance of the corporation 2. General Agent P 5,000.00 plus LRF* P 2,500.00 plus LRF*
converted into Philippine currency but not less than 3. Salesman

SECs 3. Application for Area or Regional

P 2,000.00 plus LRF*
P 5,000.00 plus LRF*
Dealer
General Agent
P
P
200.00 plus LRF*
200.00 plus LRF*
P
P
200.00 plus LRF*
200.00 plus LRF*
4. Closure of Branch Office P 1,000.00 plus LRF*
FEES AND CHARGES
Headquarters
4. Application for Regional 1% of the actual remittance but not less than 1% of the peso R. Alternative Trading System P 50,000.00 plus LRF*
Operating Headquarters or equivalent of US$200,000.00 at the time of remittance plus Semestral Transaction Fee:
Petition for Conversion of an LRF* For the first two (2) billion of the 1/300 of 1% plus LRF*
Area or Regional Headquarters aggregate amount of the sales of
into Regional Operating securities transacted on such ATS
Headquarters during the preceding semester
5. Application of Non-stock P 2,000.00 plus LRF* For the next two (2) billion 1/200 of 1% plus LRF*
(PAMPHLET NO.3) Foreign Corporation Onwards 1/100 of 1% plus LRF*

II. REGISTRATION FOR SECONDARY LICENCE III. REGISTRATION/LICENSING OF SECURITIES

31 III 2005 (In addition to filing fee for registration of corporation) Filing Fee
Filing Fees A. Registration Statement Not more than P 500 million worth of securities:
New Renewal (Registration of equity securities, - 0.10% of the maximum aggregate price of the
A. Broker Dealer commercial papers or debt securities to be offered plus LRF*
1. Head Office P 50,000.00 plus LRF* P 20,000.00 plus LRF* securities, proprieties or non- More than P 500 million but not more than P 750 million:
2. Branch P 10,000.00 plus LRF* P 5,000.00 plus LRF* propriety shares or membership, - P 500,000 plus 0.075% of the excess over
B. Broker warrant and options P 500 million plus LRF*
1. Head Office P 25,000.00 plus LRF* P 10,000.00 plus LRF* (N.B. In case of options or warrants More than P750 million but not more than P 1 billion:
which have no issue value: - P 687,500 plus 0.05% of the excess over
SEC Building, EDSA, Greenhills C. Dealer
Minimum of P50,000 in addition to P 750 million plus LRF*
1. Head Office P 25,000.00 plus LRF* P 10,000.00 plus LRF*
Mandaluyong City D. Salesperson P 2,000.00 plus LRF* P 1,000.00 plus LRF*
the fees which may be due on the
underlying shares)
More than P1 billion:
- P 812,500 plus 0.025% of the excess over
Tel. Nos. 726-0930 to 39 E. Associated Person of
Brokers/Dealers
P 3,000.00 plus LRF* P 1,500.00 plus LRF* P 1 billion plus LRF*
F. Investment Company Adviser B. Amended Registration Statement in P 10,000.00
http://www.sec.gov.ph 1. Head Office P 10,000.00 plus LRF* P 3,000.00 plus LRF* accordance with SRC Rule 14 In case of an increase in offering price:
G. Certified Investment P 1,420.00 (2005) P 815.00 (2005) 1/10 of 1% of the amount of difference between the
Distributor/Salesperson/Certified P 2,125.00 (2006) P 1,015.00 (2006) highest aggregate amount per old range and the total
Investment Solicitor plus LRF* plus LRF* amount based on new volume or price plus LRF*
* Pursuant to R.A. 6713 and Memorandum Circular 35 s. 2003 issued by the
President on 17 March 2003, the SEC disseminates different pamphlets that give H. Investment Houses/Underwriters of C. Confirmation for exemption under 1/10 of 1% of the aggregate value of the securities to be
information about its mandate and functions, registration and reportorial Securities/Government Securities Section 10.1 of the SRC sold or issued plus LRF*
requirements, fees and charges, and other relevant topics for the guidance of Eligible Dealers
investors and the general public. D. Request for exemptive relief under P 5,000.00 plus LRF*
* Legal Research Fee equivalent to 1% of filing fee but not less than P 10.00 Section 72.2 of the SRC Rule 19
E. Information Statement filed by the P 5,000.00 plus LRF* J. Merger or consolidation of 1/5 of 1% of the equity of the absorbed corporation/s but not H. Petition to set aside order of P 1,000.00
registrant (SEC Form 20-IS) Corporations less than P 3,000.00 plus LRF* Suspension/Revocation
F. Information Statement filed by a P 2,000.00 plus LRF* 1. In merger, in case of Filing fee for Increase in Capital Stock or the filing fee for I. Petition for Correction in Articles of P 1,000.00
person other than the registrant simultaneous filing of Merger (whichever is higher) plus LRF* Incorporation, By-Laws or amendments
under SRC Rule 20 application for increase of thereto
G. Tender Offer Statement (SEC Form Not more than P500 million worth of securities: authorized capital stock by the J. Certification on Corporate Information, P 300.00
19-1) and other appropriate filings - 0. 10% of the maximum aggregate price of the surviving corporation recording of Deed of Assignment of stock
under Section 21 of the SRC securities to be tendered plus LRF* 2. In consolidation where the total 1/5 of 1% of total equity of the constituent corporations or K. Certification of Company Status P 500.00
More than P500 million but more than P 750 million: equity of constituent the filing fee for Articles of Incorporation (whichever is L. Certification of Paid-up Capital, Outstanding P 400.00
- P 500,000 plus 0.075% of the excess over corporations is different from higher) plus LRF* Capital, Percentage of Filipino
P 750 million plus LRF* the authorized capital of the Stockholdings, etc.
More than P 750 million but not more than P 1 billion: consolidated corporation M. Voluntary Revocation of Securities under P 5,000.00 plus LRF*
- P 687,500 plus 0.05% of the excess over K. Equity restructuring SRC Rule 13
P 750 million plus LRF* 1. To wipe out existing deficit P 3,000.00 plus LRF* N. Listing Fee (PSE referrals to SEC-CFD) P 2,500.00 plus LRF*
More than P1 billion: 2. To create additional paid-in 1/5 of 1% of the amount infused but not less than O. Approval of Pre-Need Trust Agreement P 2,500.00 plus LRF*
- P 812,500 plus 0.025% of the excess over capital P 1,000.00 plus LRF* P. Application for exemption under ATS P 5,000.00 plus LRF*
P 1 billion plus LRF* Q. Listing Fee for PSE Shares 1/10 of 1% of the number of shares
H. Annual Information Statement of P 10,000.00 plus LRF* V. AMENDMENTS OF LICENSE (FOREIGN)
to be listed x placement fee
Exempt Commercial Paper Issuer A. Petition for Amendment of License of a P 2,000.00 plus LRF* R. Additional Listing of PSE Shares P 10,000.00
(SEC Form 85-18-1) Foreign Corporation S. Approval of Voting Trust Agreement P 200.00 plus LRF*
I. Pre-need B. Cancellation of License of a Foreign P 2,000.00 plus LRF* T. Registration of Stock and Transfer Book P 150.00
1. New and additional 1/10 of 1% of the maximum aggregate price at which the Corporation U. Registration of Membership Book P 75.00
securities are proposed to be offered plus LRF* C. Cancellation of License of Regional P 1,000.00 plus LRF*
2. Petition for Price Increase P 2,500.00 plus LRF* Headquarters of Multinational Corporation VIII. PREPARATION OF STATISTICAL REPORTS, COMPANY LISTINGS AND RELATED
3. Petition for Amendment of P 2,500.00 plus LRF* D. Cancellation of License of Regional P 2,000.00 plus LRF* INFORMATION ON SEC-REGISTERED ENTITIES
Registration Operating Headquarters of Multinational A. Computer Usage/Processing time P 2.00 per minute
Statement/Contracts/all Corporation B. Special Program fee for the P 500.00 per transaction
applications E. Appointment of a Resident Agent or P 1,000.00 plus LRF* institutional/individual researchers
4. Petition for Release of Balance P 2,500.00 plus LRF* Substitute Resident Agent C. Hard copy of documents with list containing P 5.00 per page
5. Petition for Cancellation of P 2,500.00 plus LRF* F. Revocation of Appointment of Resident P 1,000.00 plus LRF* information such as address, industry
Registration Agent or Substitute Agent classification, equity structure, etc.
6. Petition for Suspension and/or P 2,500.00 plus LRF* G. Amended Articles of Incorporation of a P 1,000.00 plus LRF* D. Soft copy of documents with list containing
Cancellation of Permit to Sell Foreign Corporation information such as address, industry
Pre-Need Plans H. Amended By-laws of a Foreign Corporation P 1,000.00 plus LRF* classification, equity structure, etc.
1. CD-RW media P 100.00 per piece
IV. AMENDMENTS (DOMESTIC) VI. ACCREDITATION
2. 1.44 MB floppy diskette P 50.00 per piece
A. Amended Articles of Incorporation P 500.00 plus LRF* A. Accreditation of External Auditor (original P 2,000.00 plus LRF*
of both stock and non-stock and renewal) IX. PUBLIC REFERENCE UNIT CHARGES
corporation B. Accreditation of Auditing Firm (original and P 5,000.00 plus LRF*
B. Amended Articles of Incorporation 1/5 of 1% of the authorized capital stock but not less than P renewal)
where amendment consists of 2,000.00 plus LRF* A. PRU Service Charge P 20.00 per transaction
C. Accreditation of Credit Rating Agency B. Reproduction of Documents Plain Microfilm Copy Authenticated
extending the term of corporate Original Application P 50,000.00 plus LRF*
existence Copy
Annual Fee P 10,000.00 plus LRF*
1. Articles of Incorporation P 100.00 P 150.00
C. Amended Articles of Incorporation D. Accreditation of Pre-need Actuaries P 1,000.00 plus LRF*
Re: Conversion/Reclassification of P 2,000.00 plus LRF* 2. By-Laws P 100.00 P 150.00
E. Accreditations of Pre-need External Auditors P 2,000.00 plus LRF* 3. General Information Sheet P 25.00 P 50.00
Shares (Sec. 6.3 of SEC MC No.13, s.2003
D. Amended By-Laws of both stock P 500.00 plus LRF* 4. Increase in Capital Stock P 50.00 P 100.00
F. Accreditation of Appraisal Companies P 5,000.00 plus LRF* 5. Resolution P 15.00 P 50.00
and non-stock corporation
E. Amended Articles of Partnership P 1,000.00 plus LRF* VII. OTHER FILINGS/TRANSACTIONS 6. Secretarys Certificate P 15.00 P 50.00
F. Articles of Dissolution of P 500.00 plus LRF* 7. Board Resolution P 15.00 P 50.00
A. Deed of Assignment of Partnership Interest P 500.00 plus LRF*
Partnership 8. Registration Data Sheet P 25.00 P 50.00
B. Affidavit of Withdrawal of Partner P 500.00 plus LRF*
G. Increase of Capital of Partnership 1/5 of 1% of the increase in capital but not less than P 9. Deed of Assignment P 15.00 P 50.00
C. Certificate of incurring, creating, increasing 1/10 of 1% of the total indebtedness but not less
1,000.00 plus LRF* C. Borrowing fee for Hard copy (PRU paper Reproduction cost plus P 50.00 per document
bonded indebtedness than P 500.00 plus LRF*
copy not available in microfilm or CD)
H. Increase of Capital Stock D. Valuation of Consideration for shares of 1/5 of 1% of the amount of shares of stock to be
D. Reproduction of documents not P 5.00 per page plus P 20.00 per corporation
stock issued but not less than P 2,000.00 plus LRF*
1. Corporation with par value 1/5 of 1% of the increase in capital stock or the subscription mentioned above
E. Stock/cash dividend of up to P 500.00 plus LRF*
price of the subscribed capital stock whichever is higher but E. Authentication of documents not P 5.00 per page plus P 20.00 per document
P 50,000,000.00 declared by the corporation
not less than P 1,000.00 plus LRF* mentioned above
whose securities are not listed
F. Stock/cash dividend of over P 1,000.00 plus LRF* X. SEC PUBLICATION
2. Corporation without par value 1/5 of 1% of the increase in capital stock computed at
P 50,000,000.00 declared by the corporation
P100.00 per share or the subscription price of the A. SEC Bulletin P 150.00 per copy
whose securities are not listed
subscribed capital stock whichever is higher but not less
G. Property Dividend Declaration 1/5 of 1% of the amount declared but not less than
than P 1,000.00* plus LRF*
P 1,000.00 plus LRF*
I. Decrease of Capital Stock
1. Return of Capital P 3,000.00 plus LRF*
2. All others P 2,000.00 plus LRF*