CITISECONLINE.COM, INC. - Pasig City, Philippines

CitisecOnline.com, Inc. (COL) was incorporated on August 16, 1999 primarily to engage in the business of brokerage and/or dealership of securities, and to provide stock brokerage services through Internet technology. It is committed to its mission of educating, equipping and empowering all Filipino investors, regardless of age and income level, to achieve financial independence by taking advantage the investment opportunities in the stock market. The company's proprietary online trading platform, www.citiseconline.com, has set the standards for online stock investing, with a full sweep of features, including up-to-date and comprehensive research and analysis, streaming market information and superior online tools and functionalities catered for both first-time investors and even the more  

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sophisticated active market players. COL owns 100% of CitisecOnline.com Hong Kong Limited (COLHK), which was incorporated on June 20, 2001 and commenced its operations on May 29 2002. COLHK is a member of the Hong Kong Exchanges being the registered owner of one Hong Kong Stock Exchange Trading Right. Source: SEC Form 17-A (2008)