Personnel Movement-New Appointments

February 2, 2000 PSE MEMO FOR BROKERS NO. 040-00 SUBJECT : Personnel Movement-New Appointments PERIOD COVERED : January 1, 2000-January 31, 2000 FROM NON-MEMBERS FIRMS: NAME OF PRESENT EMPLOYEE POSITION EFFECTIVITY EMPLOYER GERALDINE LANA Custody & Nominee Services Clerk January 3, 2000 Abacus LUZVIEL MAYOLA Accounting Clerk November 8, 1999 Alakor MARCO ANTONIO CALZADO Messenger/Collector December 1, 1999 Alakor IRMA SANCHEZ Independent Agent January 26, 2000 All AsiaSecurities LUCKY JASPER VIROLA Independent Agent January 20, 2000 All AsiaSecurities GINA TUMACDER Securities Clerk January 15, 2000 Anscor VIVIEN LA-LLABAN Accounting Clerk December 1, 1999 Anscor JODETTE NUCUM Accounting Clerk December 1, 1999 Anscor MYLA ALVAREZ Accounting Clerk December 6, 1999 Asia Pacific Capital ROSALYN MANTES Receptionist/ Telephone Operator December 13, 1999 Asia Pacific Capital FERNANDO DE LA CRUZ Agent October 18, 1999 Asia Pacific Capital ELIZABETH BERNARDINO Transfer Clerk January 17, 2000 Benjamin Co Ca NICHOLAS CASHMORE VP-Financial Institutions Research January 3, 2000 Credit Lyonnais LUIS ANTONIO HILADO Senior Investment Analyst November 29, 1999 Credit Lyonnais CHERRIE MAE SY Transfer Clerk January 3, 2000 F. Yap AGNES CRUZ Operations Staff III December 16, 1999 FEB BENITO ASUNTO Authorized Field Representative January 3, 2000 First Orient CARLO GERARDO CORTEZ Telephone Clerk December 1, 1999 HK CHERISH SY Research Analyst Assistant December 13, 1999 ING Barings DEREK BLOOMFIELD Research Analyst January 15, 2000 Jardine Fleming JULIAN PENDOCK Research Analyst January 15,2000 Jardine Fleming HERBERT BAUTISTA Computer Programmer December 3, 1999 Keppel JOHN EDWARD GOBING Assistant to the President January 11, 2000 Lucky MARYJANE SY CUA Network Administrator December 10, 1999 Magnum MARISSA DIMATANGAL Administration Assistant November 22, 1999 Market Capital LYNDE AMOR YABUT Accounting Clerk November 22, 1999 Market Capital RETCHIE SERQUINAS Accounting Clerk December 17, 1999 Mercantile EVANGELINE DERSALLA Research Clerk December 15, 1999 Orion - Squire CHRISTINE YU Telephone Clerk January 5, 2000 Orion - Squire MARITES SIA Sales Trainee December 15, 1999 Orion - Squire WILFRED DY Sales Trainee January 3, 2000 Orion - Squire PAOLO PANTOJA Sales Trainee December 15, 2000 Orion - Squire LIBERATO GONZALES I. T. Supervisor November 25, 1999 PNB AVE FABREGAS Office Clerk January 3, 2000 Premium RAUL NAGRAMPA Operations Manager January 6, 2000 Public LUCITO RIVERO Messenger/Collector January 17, 2000 Quality Investments FRANCES THERESE LEE Office Clerk January 3, 2000 R & L MONICA ANANAYO Clerk/Typist October 23, 1999 Solar DARIO LUMANAS Messenger November 3, 1999 Solar RAYMOND TANSENGCO Telephone Clerk January 1, 2000 Tansengco EMILIO CAYANAN III Receptionist/General Clerk January 4, 2000 UOB NILDA DIONISIO Senior Manager December 1, 1999 Urbancorp PETER DE LA CRUZ Assistant Manager December 1, 1999 Urbancorp GEORGE TAN Financial Consultant November 15, 1999 Wellex Above-mentioned personnel were not connected with any member-firm prior to their present employment. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR President & Chief Executive Officer