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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 062-98 • Philippine Stock Exchange • Memo for Brokers • Feb 11, 1998

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February 11, 1998 PSE MEMO FOR BROKERS NO. 062-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : Cualoping Securities Corporation CUALOPING SECURITIES CORPORATION has informed the Exchange on February 10, 1998 that its Messenger, MR . ROLANDO VIZCARRA, JR ., is no longer connected with the company effective January 21, 1998. The company has not issued any clearance in favor of Mr . Vizcarra to join another member-firm. LLpr For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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