ATRAM Alpha Opportunity, Fund, Inc.
ATRAM Asiaplus Equity Fund, Inc.
ATRAM Philippine Balanced Fund, Inc.
ATRAM Philippine Equity Opportunity Fund, Inc.
ATRAM Total Return Dollar Bond Fund, Inc.

To safeguard the health and safety of the shareholders due to the continuing adverse effect of the COVID 19 pandemic, and in compliance with quarantine measures imposed by the National Government, your Board of Directors is postponing the scheduled annual shareholders meeting on  June 25, 2020  (Per Bylaws last Thursday June) to AUGUST 20, 2020, or such later date as may be determined by the Board of Directors, in the event that there are continuing health and safety concerns due to the COVID 19 disease. Shareholders will be advised accordingly on the details of the meeting on a later date.

(Sgd.) MA. ALICIA G. PICAZO-SAN JUAN
Corporate Secretary