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Approved Application to Open Branch Offices

PSE MEMO FOR BROKERS NO. 175-99 • Philippine Stock Exchange • Memo for Brokers • May 13, 1999

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May 13, 1999 PSE MEMO FOR BROKERS NO. 175-99 SUBJECT : Approved Application to Open Branch Offices MEMBER-FIRM : Wealth Securities, Inc. Please be informed that the Board of Governors, in its regular meeting held on May 12, 1999, approved the application of Wealth Securities, Inc. to open branch offices in Binondo, Manila and Cebu City. Hereunder is the complete address and telephone numbers of their branch offices: LexLib MANILA Address : 569 Juan Luna Street, Binondo, Manila Telephone No. : 2414191 CEBU CITY Address : G/F, Ong Tiak Business Center Gen. Maxilom Avenue. Cebu City Telephone Nos. : (032) 24-5-731 5 (032) 245-7317 For your information and guidance. (SGD.) RAFAEL L. LLAVE Chief Operating Officer

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