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Separation from Office — No Clearance Issued

PSE MEMO FOR BROKERS NO. 079-99 • Philippine Stock Exchange • Memo for Brokers • Feb 18, 1999

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February 18, 1999 PSE MEMO FOR BROKERS NO. 079-99 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : Aurora Securities, Inc. AURORA SECURITIES, INC. has informed the Exchange on February 9, 1999 that its Liaison Officer, MR. SANTIAGO G. TONGIO, is no longer connected with the company effective January 29, 1999. Clearance in favor of Mr. Tongio to join another member-firm is still in process. LibLex For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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