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Separation from Office — No Clearance Issued

PSE MEMO FOR BROKERS NO. 113-99 • Philippine Stock Exchange • Memo for Brokers • Mar 9, 1999

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March 9, 1999 PSE MEMO FOR BROKERS NO. 113-99 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : HDI Securities, Inc. HDI SECURITIES, INC. has informed the Exchange on February 24, 1999 that its Messenger/Janitor, MR. DOMIE P. ELCAMEL, is no longer connected with the company effective February 16, 1999. cdlex The company has not issued any clearance in favor of Mr. Elcamel to join another member-firm. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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