NOTICE OF AWARD

17 March 2014

JOHNSON S. MIGUEL

Marketing Supervisor

East West Seed Co., Inc.

Km. 54 Cagayan Valley Road

San Rafael, Bulacan

Dear Mr. Miguel:

We are happy to notify you that your bid, dated 26 December 2013, for CY 2014 SUPPLY AND DELIVERY OF VARIOUS HYBRID VEGETABLE SEEDS,with project reference/identification number ITB No. DA RFO 1-2014-GOODS-025, for a Contract Price equivalent to:

THREE MILLION FOUR HUNDRED NINETY THOUSAND SIX HUNDRED PESOS(PHP3,490,600.00)

as corrected and modified in accordance with the Instructions to Bidders, is hereby accepted and awarded to you as the Single Calculated Responsive Bid (SCRB).

You are, therefore, required to enter into a contract with us and to provide the performance security, in the form and amount stipulated in the Instruction to Bidders, within ten (10) calendar days from receipt of this notice. Failure to enter into the said contract or provide the performance security shall constitute a sufficient ground for the cancellation of this award and the forfeiture of your bid security.

Very truly yours,

VALENTINO C. PERDIDO, Ph.D.

OIC-Regional Executive Director