MALACAÑANG

Manila

BY THE PRESIDENT OF THE PHILIPPINES

PROCLAMATION NO. 550

AUTHORIZING THE FOUNDATION FOR YOUTH DEVELOPMENT IN THE PHILIPPINES, INC., TO CONDUCT A NATIONAL FUND CAMPAIGN FOR A PERIOD OF ONE (1) YEAR

WHEREAS, the Foundation for Youth Development in the Philippines, Inc. (FYDP), was authorized under Proclamation No. 259, dated September 27, 1993, to conduct a national fund campaign up to September 14, 1994;

WHEREAS, the FYDP needs more time to conduct its fund drive;

NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Philippines, by virtue of the powers vested in me by law, do hereby authorize the Foundation for Youth Development in the Philippines, Inc., to conduct a national fund campaign for a period of one (1) year effective upon the promulgation of this Proclamation.

IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed.

Done in the City of Manila, this

9th

day of

March

, in the year of Our Lord, nineteen hundred and ninety five.

(Sgd.)

FIDEL V. RAMOS

By the President:

(Sgd.) TEOFISTO T. GUINGONA, JR.