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Mabuhay Vinyl CorporationMVC

PSE Disclosure Form 17-7 - Statement of Changes in Beneficial
Ownership of Securities References: SRC Rule 23 and
Section 17.5 of the Revised Disclosure Rules

Name of Reporting Person	Satoshi Maruyama
Relationship of Reporting Person to Issuer	Former Director

Description of the Disclosure
Please see the attached SEC Form 23-B reflecting the shares of former director Satoshi Maruyama after his resignation.