Personnel Movement — New Appointments

March 1, 1999 PSE MEMO FOR BROKERS NO. 103-99 SUBJECT : Personnel Movement New Appointments PERIOD COVERED : February 1, 1999 - February 28, 1999 FROM NON-MEMBER FIRMS: NAME OF PRESENT EMPLOYEE POSITION EFFECTIVITY EMPLOYER LORENA JACKSON Telephone Clerk February 5, 1999 Alpha ROSETTE FLORDELIZ LEGASPI Secretary February 5, 1999 Deutsche Morgan JAN SHARON GAISANO Telephone Clerk February 10, 1999 Evergreen DEXTER TIU Vice President January 1, 1999 Fidelity JOHN TIU, JR. Vice President January 1, 1999 Fidelity BEVERLY JOYCE TIU Vice President January 1, 1999 Fidelity JIMMY CHAN Asst. Vice President January 1, 1999 Fidelity CHARLES WEE Asst. Vice President January 1, 1999 Fidelity JOHNNY SEE Asst. Vice President January 1, 1999 Fidelity EDWARD BELL Asst. Manager-Institutional Sales February 1, 1999 Jardine Fleming GEOFFREY LIM TAN Telephone Clerk February 15, 1999 RCBC MARICEL SANTIAGO Receptionist/Telephone Operator January 25, 1999 Securities 2000 ELMER CUCHAVEZ Messenger January 25, 1999 Securities 2000 DENNIS BARING Messenger January 25, 1999 Securities 2000 GREGORIO CUDIAMAT Trainee January 25, 1999 Securities 2000 LOUIE KAW Security Clerk January 15, 1999 Triton RAUL LAVIN Marketing Executive February 1, 1999 Wellex JOHN ALEJANDRINO Marketing Assistant February 15, 1999 Wellex EDNA DE LEON Office Clerk February 16, 1999 Wong Above-mentioned personnel were not connected with any member-firm prior to their present employment. llcd For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer