MALACAÑANG
MANILA

MEMORANDUM ORDER NO. 279

APPROVING THE 1995 INVESTMENT PRIORITIES PLAN

Pursuant to Article 29 of the Omnibus Investments Code of 1987, the attached 1995 Investment Priorities Plan (IPP) is hereby approved.

This Memorandum Order shall take effect fifteen (15) days after its publication as required under Article 31 of the Omnibus Investments Code of 1987.

DONE in the City of Manila, this 27^th day of April, in the year of Our Lord, Nineteen Hundred and Ninety-Five.

(Sgd.) FIDEL V. RAMOS

By the President:
(Sgd.) TEOFISTO T. GUINGONA, JR.
Executive Secretary