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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 087-98 • Philippine Stock Exchange • Memo for Brokers • Feb 25, 1998

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February 25, 1998 PSE MEMO FOR BROKERS NO. 087-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : Apex Philippines Equities Corporation APEX PHILIPPINES EQUITIES CORPORATION has informed the Exchange on February 19, 1998 that its Information Technology Staff, MS . MARIANNE O . RAMOS , is no longer connected with the company effective February 6, 1998. cdll Clearance in favor of Ms . Ramos is still being processed. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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