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Personnel Movement — Resignation

PSE MEMO FOR BROKERS NO. 135-99 • Philippine Stock Exchange • Memo for Brokers • Mar 31, 1999

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March 31, 1999 PSE MEMO FOR BROKERS NO. 135-99 SUBJECT : Personnel Movement Resignation PERIOD COVERED : March 1, 1999 - March 31, 1999 NAME OF FORMER EMPLOYEE POSITION EFFECTIVITY EMPLOYER RICHMOND ANG Associate Director March 1, 1999 Deutsche Morgan ROSETTE FLORDELIZ LEGASPI Secretary March 1, 1999 Deutsche Morgan BERNADETTE DALUGDUGAN Telephone Clerk February 22, 1999 Urbancorp Above-mentioned personnel were transferred to their company's respective affiliate/subsidiary. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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