INTERNATIONAL EXCHANGE BANK



INVITATION TO BUY

“as is where is”

September 23, 2011

Sterling Bank of Asia is inviting everyone to purchase the following repossessed vehicles:

|Displayed at Kotse Network, SM North Edsa beside SM | | | | | |

|Hypermarket | | | | | |

| |Make |Year Model |Color |Plate No. |Mileage |Minimum Bid Price |

|1 |Chevrolet Captiva A/T Diesel |2009 |Silver |YHZ 722 | |1,036,000.00 |

| | | | | |12,235 | |

|2 |Chevrolet Trailblazer A/T Gas |2005 |Black |HDK-888 | |662,000.00 |

| | | | | |53,150 | |

|3 |Hyundai Getz M/T Gas |2010 |Black |PHO-437 | |416,000.00 |

| | | | | |17,141 | |

|4 |Hyundai i10 GLS 1.2L A/T Gas |2010 |Black |PXQ-588 | 9,990|515,000.00 |

|5 |Hyundai Tucson A/T Gas |2009 |Black |NVO-908 | |746,000.00 |

| | | | | |54,808 | |

|6 |Isuzu Alterra A/T Diesel |2010 |Black |NOG-355 | |1,128,000.00 |

| | | | | |17,409 | |

|7 |Isuzu Dmax LS 4x2 M/T Diesel |2010 |Black |LGR 388 | |910,000.00 |

| | | | | |18,941 | |

|8 |Mazda 3 1.6L A/T Gas |2009 |Gray |YGP-286 |33,552 |626,000.00 |

|9 |Mazda Tribute 2.3L A/T Gas |2008 |Black |YGY-199 | |812,000.00 |

| | | | | |29,461 | |

|10 |Mitsubishi Lancer EX GLX M/T Gas |2010 |Beige |PHO-702 | |760,000.00 |

| | | | | |8,077 | |

|11 |Nissan X-trail A/T Gas |2008 |Black |ZME-531 | |637,000.00 |

| | | | | |70,865 | |

|12 |Toyota Innova Sport Runner A/T Diesel |2010 |Bronze |NQG 528 | |820,000.00 |

| | | | | |15,310 | |

|Stored in Bagong Barrio, Caloocan City | | | | | |

| |Make |Year Model |Color |Plate No. |Mileage |Minimum Bid Price |

|13 |Kia Soul A/T Gas |2010 |Black |YHN-955 | |975,000.00 |

| | | | | |7,272 | |

|14 |Mitsubishi Lancer EX GT M/T Gas |2009 |Black |NKQ-942 | |895,000.00 |

| | | | | |13,310 | |

|15 |Mitsubishi Lancer EX GLX M/T Gas |2010 |White |PQQ-954 | |777,000.00 |

| | | | | |6,934 | |

|Stored in Sterling Bank Caloocan Branch | | | | | |

| |Make |Year Model |Color |Plate No. |Mileage |Minimum Bid Price |

|16 |Chevrolet Aveo M/T Gas |2010 |Silver |FGX 232 | |534,000.00 |

| | | | | |5,212 | |

|17 |Ford Everest A/T Diesel |2007 |Black |ZLE-751 | |774,000.00 |

| | | | | |67,664 | |

|18 |Ford Focus Hatchback 1.8L A/T Gas |2008 |Black |ZNP 400 | |526,000.00 |

| | | | | |77,688 | |

|19 |Honda Civic Vti M/T Gas |2004 |White |GTY-673 | |338,000.00 |

| | | | | |95,830 | |

|20 |Hyundai Getz M/T Gas |2010 |Silver |PHO-983 | |420,000.00 |

| | | | | |2,353 | |

|21 |Hyundai i10 GLS 1.2L A/T Gas |2010 |Gold |PGQ-627 | |428,000.00 |

| | | | | |14,257 | |

|22 |Hyundai i10 GLS 1.2L A/T Gas |2009 |Silver |NTI-433 | |400,000.00 |

| | | | | |22,218 | |

|23 |Hyundai i10 A/T Gas |2009 |Gold |NQI-675 | |377,000.00 |

| | | | | |57,577 | |

|24 |Kia Carens A/T Diesel |2008 |Black |YHN 706 | |800,000.00 |

| | | | | |15,234 | |

|25 |Kia Rio A/T Gas |2010 |Gray |YJG-236 | |560,000.00 |

| | | | | |26 | |

|26 |Kia Rio M/T Gas |2010 |White |YHS-481 | |550,000.00 |

| | | | | |7,006 | |

|27 |Kia Rio M/T Gas |2010 |White |FGX 234 | |500,000.00 |

| | | | | |35,170 | |

|28 |Kia Rio M/T Gas |2009 |Red |ZTT-240 | |542,000.00 |

| | | | | |15,960 | |

|29 |Mazda 3 1.6L A/T Gas |2007 |Red |ZNJ-468 | |455,000.00 |

| | | | | |64,954 | |

|30 |Mazda 3 1.6L A/T Gas |2006 |Red |ZGK-628 | |380,000.00 |

| | | | | |25,308 | |

|31 |Mitsubishi Adventure GX M/T Diesel |2009 |Red |NUI-712 | |560,000.00 |

| | | | | |78,164 | |

|32 |Ssangyong Stavic A/T Diesel |2009 |Black |ZTT-402 | |548,000.00 |

| | | | | |16,582 | |

|33 |Ssangyong Stavic A/T Diesel |2007 |White |ZKY-204 | |469,000.00 |

| | | | | |67,281 | |

|34 |Suzuki Celerio M/T Gas |2010 |Blue |NIP-621 | |444,000.00 |

| | | | | |14,819 | |

|35 |Suzuki Swift M/T Gas |2009 |Red |YHF 143 | |540,000.00 |

| | | | | |25,104 | |

|36 |Toyota Altis G A/T Gas |2009 |Black |NII-818 | |588,000.00 |

| | | | | |42,094 | |

|37 |Toyota Avanza J M/T Gas |2009 |Black |YJA 499 | |470,000.00 |

| | | | | |22,487 | |

Stored in Cebu Warehouse

| |Make |Year Model |Color |Plate No. |Mileage |Minimum Bid Price |

|38 |Chery A5 Sedan Gas M/T                       |2008 |Black |YGH-687 |26,845 |200,000.00 |

|39 |Chery QQ 311 Gas M/T |2009 |Green |YGH 446 |37,325 |210,000.00 |

|40 |Kia Rio Sedan Gas M/T |2010 |White |YGH 123 |5,242 |465,000.00 |

|43 |Kia Rio Sedan Gas M/T                             |2009 |Red |YHN-358 |10,558 |437,000.00 |

|44 |Kia Rio Sedan Gas M/T                             |2009 |White |YGM-596 |19,096 |445,000.00 |

|45 |Kia Rio Sedan Gas M/T                             |2009 |White |For dropping |90,706 |437,000.00 |

|46 |Kia Picanto Gas A/T |2009 |Blue |Not Seen |YFZ 275 |399,000.00 |

|47 |Kia Picanto Gas M/T |2009 |Silver |20,495 |YHH 836 |389,000.00 |

|48 |Kia Picanto Gas M/T |2008 |Orange |37,601 |YHD 800 |349,000.00 |

|49 |Toyota Corolla Altis 1.6E Gas M/T |2010 |White |28,421 |YJD 631 / GXK |580,000.00 |

| | | | | |631 | |

1. This invitation is open to th

INVITATION’S RULES AND GUIDELINES:

1. This invitation is open to the public.

2. The vehicles are offered on an “as is, where is” basis, thus, prospective buyers are advised to personally visit, inspect and verify them and their pertaining document/s of ownership to ascertain their actual condition and status. Pictures of the vehicles offered for sale can be requested from Monching (0917-594-4910 or 0949-619-1643 or 0922-840-2785 or 02-217-6780) or Resnel (0917-534-2697 or 0922-851-80-70). They may also be reached through acquired.assets@.

3. Visits to the vehicles’ storage areas and photocopies of the ownership documents can be coordinated with the same personnel of Acquired Assets, mentioned in No. 2.

4. All interested parties may coordinate their intention with the personnel mentioned in No. 2.

5. The indicated prices are only valid until September 30, 2011.

6. Sterling Bank reserves the right to reject any or all intentions, to waive any formality therein and to accept the offer most advantageous to the Bank. The decision of Sterling Bank would also be final and binding.

7. For further inquiries, you may call Monching (0917-594-4910 or 0949-619-1643 or 0922-840-2785 or 02-217-6780) or Resnel (0917-534-2697 or 0922-851-80-70). They may also be reached through acquired.assets@.

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