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Application for Corporate Membership

PSE MEMO FOR BROKERS NO. 029-99 • Philippine Stock Exchange • Memo for Brokers • Jan 18, 1999

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January 18, 1999 PSE MEMO FOR BROKERS NO. 029-99 SUBJECT : Application for Corporate Membership MEMBER-FIRM : TIR Securities (Philippines) Corporation Please be informed that an application for Corporate Membership in the Exchange has been filed by TIR SECURITIES (PHILIPPINES) CORPORATION through the sale of seat registered in the name of Nikko Securities Co. (Asia) Limited and the designation of MR. ARNOLD R. ALAFRIZ as its corporate nominee. Pursuant to Art. III, Section 8 of the PSE By-Laws, the Exchange hereby notifies the membership and will now accept any comments on the above-mentioned application. Please send your comments to our Membership Department within fifteen (15) days from the date of circularization. The last day for submission of comments will be on February 1, 1999. Please be guided accordingly. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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