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Approved Change in Corporate Name

PSE MEMO FOR BROKERS NO. 186-99 • Philippine Stock Exchange • Memo for Brokers • May 19, 1999

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May 19, 1999 PSE MEMO FOR BROKERS NO. 186-99 SUBJECT : Approved Change in Corporate Name MEMBER-FIRM : Deutsche Morgan Grenfell Securities (Phils.), Inc. Please be informed that the corporate name of Deutsche Morgan Grenfell Securities (Phils.), Inc. has been changed to REGIS PARTNERS, INC . resulting from the change in the company's ownership structure. For your information and guidance. (SGD.) RAFAEL L. LLAVE Chief Operating Officer

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