The Resort Club in Hilton Cebu Resort & To

A Luxury Residential by a Private Beach

ROOM VIEW - HILTON CEBU RESORT & TOWERS

The Resort Club at the Hilton Cebu Resort & Towers - the ultimate answer to a perfect vacation or business trip. Hilton Cebu has three major components: the boutique resort hotel tower; the residential towers I & II and its third component in phase two: The Resort Club. The Resort Club is a registered corporation authorized by the Securities and Exchange Commission to offer its shares of stock for sale to the public. It shall operate the 5-star service apartments, super fitness center and other recreational facilities in phase two of the Hilton Cebu Resort & Towers. Being properietary in nature, shareholders have voting rights and shall own pro-rata, the Club's properties at the end of the term of the corporation, making it unique among private clubs. The corporation is a stock, no-par value, non-profit corporation, with the sole objective to benefit the members.

The Resort Club at Hilton Cebu Resort & Towers is a Beach Resort & Country Club with world class facilities and amenities for the enjoyment of its Shareholder-Members. Members are provided access at any time of the year, to the resort's recreational, sports, health and fitness facilities plus permanent dining discount privileges at the many fine restaurants and cafe's. They can plunge their hearts out in the huge free-form swimming pool amidst a paradise setting or stroll around the lush and tropical landscaping that leads to the private beach and the marina yacht club where one can indulge in any water sport activity or just simply busk around until sundown. On top of it all, the ultimate privilege is that every Shareholder-member is entitled to 7 one-night certificates for Complimentary Accomodations at exclusively designated suites of this 5-star service apartment every year for as long as he owns the share. Each one-night certificate can be used at any time during the year by simply making a reservation - just like booking a five-star hotel suite.

Indeed, the Hilton Cebu Resort & Towers is an unforgettable experience or more accurately, a combination of all splendid experiences.

CLASS A Proprietary Share Privileges:

Seven (7) night accommodation in a One Bedroom Suite every year for 50 years with the following furnishings:

*Queen Sized Bed or 2 Twin Beds, *Living Room, *4-Seater Dining Room, *Bar & Kitchenette, *Toilet & Bath, *Air Conditioning, *Lanai with Sea View, *European bathroom fixtures & sanitary wares with European tiled floors & bathrooms.

OFFERED AT: P450,000.00/share

CLASS B Proprietary Share Privileges:

Seven (7) night accommodations in a Two Bedroom Suite every year for 50 years with the following furnishings:

*Queen Sized Bed or 2 twin beds each of the two bedrooms, *Living Room, *6-Seater Dining Room, Bar & Kitchenette, *Toilet & Bath (2), *Air Conditioning, *Lanai with Sea View, *European bathroom fixtures & sanitary wares with European tiled floors & bathrooms.

OFFERED AT: P695,000.00/share

OTHER PRIVILEGES FOR CLASS A & B PROPRIETARY SHARES:

*Seven (7) night accommodations is assignable and transferrable at no extra charge, *World Class Super Fitness Gymn, *20% discount on Food & Beverage Outlets, *20% discount on rental of ballroom, function rooms, business center, *Special "Members-Only" on accommodations over the 7-free night stay, *Special "Members-Only" rates for Hotel Bookings, *Spa and Aqua sports services.

OFFER PERIOD:

The selling period will be for three (3) years commencing on its launching on May 2002, ending at May 2005. The developer reserves the right to terminate or extend the Offer Period at any given time.

RETURN ON INVESTMENT

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