The third major coalition running in this election is the Alyansa ng Pag-asa (Alliance of Hope), This coalition fielded Raul Roco for president and Herminio Aquino for vice-president. The three major parties supporting this coalition were Roco's Aksyon Demokratiko, former National Defense Secretary Renato de Villa's Partido para sa Demokratikong Reporma, and former Cebu Governor Lito Osmeña's Probinsya Muna Development Initiative. These three parties bolted from the People Power Coalition.
