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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 137-98 • Philippine Stock Exchange • Memo for Brokers • Mar 17, 1998

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March 17, 1998 PSE MEMO FOR BROKERS NO. 137-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : BA Securities, Inc. BA SECURITIES, INC . has informed the Exchange on March 13, 1998 that the following employees are no longer connected with the company effective October 16, 1997 and November 15, 1997, respectively: 1. MS. SONIA MILANIES Accountant 2. MS. ROSANNA T. ONG Clerk The company has not issued any clearance in favor of Mmes . Milanies and Ong to join another member-firm. Cdphil For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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