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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 010-98 • Philippine Stock Exchange • Memo for Brokers • Jan 14, 1998

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January 14, 1998 PSE MEMO FOR BROKERS NO. 010-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : DBS Securities Inc. DBS SECURITIES, INC . has informed the Exchange on January 9, 1998 that its Economic Research Manager, MR . ALADDIN D . RILLO is no longer connected with the company effective January 9, 1998. LexLib Clearance in favor of Mr . Rillo is still being processed. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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