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Issuance of Clearance

PSE MEMO FOR BROKERS NO. 096-99 • Philippine Stock Exchange • Memo for Brokers • Mar 1, 1999

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March 1, 1999 PSE MEMO FOR BROKERS NO. 096-99 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : Angping & Associates Securities, Inc. Further to PSE Memo for Brokers No. 031-99 dated January 22, 1999, ANGPING & ASSOCIATES SECURITIES, INC. has informed the Exchange on February 1, 1999 that the company has issued clearance in favor of MS. TINA Y. CHAN to join another member-firm. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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