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Personnel Movement — Resignation

PSE Memo for Brokers No. 009-00 • Philippine Stock Exchange • Memo for Brokers • Jan 3, 2000

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January 3, 2000 PSE MEMO FOR BROKERS NO. 009-00 SUBJECT : Personnel Movement Resignation PERIOD COVERED : December 1, 1999 December 31, 1999 NAME OF POSITION EFFECTIVITY FORMER EMPLOYEE EMPLOYER TSUTOMU NAKATSUGAWA Director/EVP/Treasurer November 15, 1999 DBP-Daiwa ISMAEL A. PILI Senior Research Analyst December 1, 1999 Indosuez WI Carr Above-mentioned employees transferred to its company's affiliate/subsidiary. LibLex For your information and guidance. (SGD.) JOSE FERNANDO T. ALCANTARA Officer In Charge

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