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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 120-98 • Philippine Stock Exchange • Memo for Brokers • Mar 9, 1998

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March 9, 1998 PSE MEMO FOR BROKERS NO. 120-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : Pryce Securities, Inc. PRYCE SECURITIES, INC . has informed the Exchange on March 2, 1998 that the following employees are no longer connected with the company effective February 25, 1998: 1. MR. ROMEO RUIZ Messenger 2. MR. FRANCISCO PANGILAN Messenger 3. MR. OLIVER MERCADO Messenger 4. MR. LUCKY JASPER VIROLA Investment Analyst The company has not issued clearances in favor of Messrs . Ruiz , Pangilan, Mercado and Virola to join another member-firm. LexLib For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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