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Separation from Office — No Clearance Issued

PSE MEMO FOR BROKERS NO. 101-99 • Philippine Stock Exchange • Memo for Brokers • Mar 1, 1999

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March 1, 1999 PSE MEMO FOR BROKERS NO. 101-99 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : RCBC Securities, Inc. RCBC SECURITIES, INC. has informed the Exchange on February 12, 1999 that its Telephone Clerk, MS. NAOMI EILEEN S. GARCIA, is no longer connected with the company effective February 9, 1999. llcd The company has not issued any clearance in favor of Ms. Garcia to join another member-firm. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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