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Asiatrust Development Bank, Inc.

PSE Circular for Brokers No. 2631-98 • Philippine Stock Exchange • Circulars for Brokers • Nov 23, 1998

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November 23, 1998 PSE CIRCULAR FOR BROKERS NO. 2631-98 SUBJECT : Asiatrust Development Bank, Inc . Asiatrust Development Bank, Inc. ("ASIA") informed the Exchange that the following have been elected as new members of the Board for the year 1998-1999: 1. Gloria M. Garcia 2. Dionisio C. Ong 3. Roland M. Garcia 4. Raul A. Boncan 5. Gary M. Garcia 6. Gilda E. Pico 7. Cheong Seng Lee 8. Felix K. Maramba, Jr. 9. Hans Martin Henrichsen 10. Jose F. Unson 11. John T. Lim Furthermore, the persons who have been appointed officers of the Bank for the year 1998-1999 are as follows: prLL 1. Gloria M. Garcia Chairman 2. Dionisio C. Ong President 3. Roland M. Garcia Executive Vice President 4. Marcial S. Ezequiel Treasurer For your information. (SGD.) JOSE LUIS U. YULO, JR. President and CEO

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