The 2009 Annual Meeting of the Stockholders of iPeople, inc. will be held at the Yuchengco Institute for Advanced Studies, 5th Floor, Tower II, RCBC Plaza, Ayala Avenue Corner Sen. Gil Puyat Avenue, Makati City, Philippines on June 30, 2009 at 2:30p.m.

In compliance with the disclosure requirements of the Exchange, our Company hereby informs the PSE that at the just concluded Board of Directors’ Meeting of iPeople, inc., the Board approved the declaration of PhP0.05 per share or 5% cash dividend with a total amount of PhP37,446,661.00 from the company’s unrestricted retained earnings as of December 31, 2008 to the iPeople, inc. shareholders of record as of April 15, 2009. Payment Date is on May 07, 2009.