VICTORIA SHIPPING CORPORATION

NOTICE OF CALL

Notice is hereby given that at a special meeting of the board of directors

of the VICTORIA SHIPPING CORPORATION held on the January 13,
2019 unpaid subscriptions to the capital stock of the corporation (or the
percentage thereof declared due) were declared due and payable to the
principal office of the corporation at Rm. 415 Portal West Building,
Dumaguete City, Negros Oriental, Philippines on April 13, 2019.

All stock upon which the subscription, with interest accrued, has not
been paid on the 24th of April 2018 will be delinquent and advertised for sale
at public auction, and unless payment of the subscription, with interests and
costs accrued, is made before sale of the stock, same will be sold on 30th of
May, 2018 to pay the amount of the subscription and accrued interest together
with the costs of advertising and expenses of sale.

January 7, 2019

__________________________
IAN RODRIGUEZ
(Corporate Secretary)