AMENDMENT TO SECTION 2 OF SUGAR ORDER NO. 7, SERIES OF 2008-2009

National Administrative Register [ SRA SUGAR ORDER NO. 7-A, S. OF 2008-2009, March 20, 2009 ]



WHEREAS, Sugar Order No. 7, Series of 2008-2009 provided the
guidelines for the replenishment of β€œB”-Sugar advance-swapped to β€œA” or
β€œD” sugar, including the start of the replenishment period;

WHEREAS, the current rate of milling has brought about the
accumulation of an adequate volume of β€œA” and β€œD” sugar that can
replenish the β€œB” sugar already advance-swapped;

NOW THEREFORE, under and by virtue of the authority vested in the
Sugar Regulatory Administration (SRA), the following is hereby ordered:

SECTION 1. Amendment to Section 2 of Sugar Order No. 7, Series of 2008-2009. Section 2 of Sugar Order No. 7, Series of 2008-2009 is hereby amended
as follows: β€œThe replenishment of the advance-swapped β€œB” sugar quedans
with β€œA”/”D” sugar quedans of CY 2008-2009 is hereby allowed to
commence on March 16, 2009.”

SECTION 2. This Sugar Order takes effect immediately.

SECTION 3. All other provisions of Sugar Order No. 7, Series of 2008-2009 remain in full force and effect.

BY AUTHORITY OF THE SUGAR BOARD

(SGD.) RAFAEL L. COSCOLLUELA
Administrator