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Approved Change in Corporate Name

PSE Memo for Brokers No. 195-98 • Philippine Stock Exchange • Memo for Brokers • Apr 24, 1998

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April 24, 1998 PSE MEMO FOR BROKERS NO. 195-98 SUBJECT : Approved Change in Corporate Name MEMBER-FIRM : HSBC James Capel Securities (Philippines), Inc. Please be informed that the corporate name of HSBC James Capel Securities (Philippines), Inc. has been changed to HSBC Securities Philippines, Inc . and the Board of Governors, in its meeting held on April 22, 1998, has taken notice of such change. LLpr For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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