I had applied to PMI in last July'11 & they accepted my application.... but later on I didn't pay member fees till today....! PMI email me they will extend another 3 months if i pay by 30th june....!

considering above, if i pay now.... what will be my membership duration 

1. only next 3 months

OR

2. 1 year after payment date.

Please clarify...! im waiting for your input sothat i can minimize my risk ...