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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 134-98 • Philippine Stock Exchange • Memo for Brokers • Mar 16, 1998

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March 16, 1998 PSE MEMO FOR BROKERS NO. 134-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : Philippine TA Securities, Inc. PHILIPPINE TA SECURITIES, INC . has informed the Exchange on March 11, 1998 that the following employees are no longer connected with the company effective February 28, 1998: 1. MS. FELY RATON Accounting Clerk 2. MS. MYRA RAYMUNDO Receptionist 3. MS. NONITA PIRA Messenger Clearances in favor of Mmes . Raton, Raymundo and Pira to join another member-firm is still being processed. aisadc For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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