National Institute of Accounting TechniciansUnit 505 East Tower Tektite Bldg. Philippine Stock Exchange Centre, Ortigas, Pasig City

Tel. +(632) 637-9375 Facsimile +(632) 706-2212

June 21, 2013 PHIL-2013-6681

Carlota N. Villaroman141 Sawmill, CLSU, Science City of Muoz, Nueva EcijaPhilippines

Dear Villaroman, On behalf of the executive board, I would like to congratulate you for passing the CAT level 2 examination.You are now eligible to apply for membership with the Institute of Certified Management Accountants ofAustralia as Registered Cost Accountant (RCA).As part of the certification requirements, if you are not yet NIAT member, you are hereby cordially invitedto start your membership in National Institute of Accounting Technicians (NIAT) within three (3) monthsfrom date of this letter to validate your eligibility status. Failure to file for membership after the prescribedperiod will invalidate your eligibility that will require you to retake the examination again.Becoming a member will bring you various benefits. Among them:

Option to apply for certification at any time when qualified for Certified Bookkeeper (CB), Registered1.Cost Accountant (RCA) or Certified Accounting Technician (CAT)Exclusive discounts up to 30% to NIAT accredited seminars and trainings2.Networking opportunities through NIAT organized and sponsored events3.Receive monthly NIAT newsletter "The Chronicles"4.Priority access to NIAT job portal affiliate and recruitment partners from top 7,000 corporations5.

Please fill out the enclosed application form and return it to us, or by mail addressed to NIAT Headquarters.We appreciate it, if you would extend this membership invitation to your friends and provide them withcopies of the application form. It is our goal to continue to provide high quality programs as expected byour members and affiliates. Increasing the number of active members and making more resourcesavailable to NIAT can achieve this goal.We count on your support, and that of other members and supporters, to help and encourage us inmaking NIAT the premiere professional body of accounting technicians in the Philippines. We look forwardto having you as a member.

Yours sincerely,

Ana Joy TrangiaNIAT Membership