Personnel Movement-Re-Designation

February 2, 2000 PSE MEMO FOR BROKERS NO. 043-00 SUBJECT : Personnel Movement-Re-Designation PERIOD COVERED : January 1, 2000-January 31, 2000 CONCURRENT* NAME OF PREVIOUS** EMPLOYEE POSITION RE-DESIGNATION EFFECTIVITY EMPLOYER EDGAR CARBONEL Auditor* Compliance Officer November 29, 1999 All AsiaSecurities GINA DIPALING Deputy Head of Head of Research January 1, 2000 DBS Research** ROSE MARY REYES AVP-Operations** VP-Operations January 1, 2000 DBS CHARMAINE VIAGEDORA Research Asst.** Senior Research Asst. January 1, 2000 DBS ANNE MICHELLE LAO Trainee** Telephone Clerk January 20, 2000 Golden Tower RAMON LAO Managing Director** Account Executive February 1, 2000 Golden Tower MA. SOCORRO LAO Treasurer** Account Asst. February 1, 2000 Golden Tower ANDRES LAO SR. President* Managing Director February 1, 2000 Golden Tower MARY CLEOFE Accountant* Treasurer February 1, 2000 Golden Tower MARY BENNETT President/Nominee/ Director December 20, 1999 H. E. Bennett Director** JESUS DE LA PEA COO** President December 20, 1999 H. E. Bennett MARY CHRISTINE Research Analyst* Telephone Clerk January 4, 2000 Keppel MARUNDAN GERALDINE REYLARA Asst. Treasury Treasury Manager January 10, 2000 Magnum Manager** ROSALIE TAN-DOB AVP-Finance and VP-Finance and January 10, 2000 Magnum Administration** Administration FE CALING Accountant/ Accountant/Office January 1, 2000 Market Capital Acting OIC** Manager ELMER TORRES Data Management Telephone Clerk January 3, 2000 Meridian Officer* PEPITO ALCARAZ Settlements Manager ** Customer Relations January 19, 2000 OCBC Officer MARC REYES Trainee** Telephone Clerk January 1, 2000 Public ROGELIO GALINO Office Clerk* Telephone Clerk December 8, 1999 R & L ROLAND CAGURANGAN Research Assistant Telephone Clerk January 4, 2000 Sun Hung Kai JENNY LYNN PAZ Research Assistant** Telephone Clerk December 28, 1999 Urbancorp NEVA ADELANE Dealer Trainee** Telephone Clerk December 28, 1999 Urbancorp ARBOLEDA TEODORO BORLONGAN Nominee* Chairman December 1, 1999 Urbancorp JONATHAN GABINERA Marketing Associate* Telephone Clerk December 1, 1999 Urbancorp For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer