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Personnel Movement — New Appointments

PSE Memo for Brokers No. 205-98 • Philippine Stock Exchange • Memo for Brokers • Apr 30, 1998

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April 30, 1998 PSE MEMO FOR BROKERS NO. 205-98 SUBJECT : Personnel Movement New Appointments PERIOD COVERED : April 1, 1998-April 30, 1998 FROM MEMBER FIRMS : NAME OF EMPLOYEE PRESENT POSITION EFFECTIVITY PREVIOUS EMPLOYER EMPLOYER TINA MARIA IBARRA Sr. Investment Analyst April 13, 1998 SBC Warburg Credit Lyonnais JOCELYN STO. TOMAS Secretary-Sales Dep't. April 13, 1998 SBC Warburg DBP-Daiwa RIZALINDA SANCHEZ Executive Secretary April 13, 1998 Abacus DBS ABIGAIL LORICA Accounting Supervisor April 20, 1998 Lippo HK MA. LOURDES ALEJANDRE VP-Sales April 1, 1998 SocGen-Crosby Kim Eng ANGELA ESCALONA VP-International Sales April 1, 1998 Citicorp Kim Eng RAMON LUCAS Senior Sales Officer April 1, 1998 Rashid Hussain Kim Eng RICARDO PUIG VP-Research April 1, 1998 BZW Kim Eng FELIX DEL ROSARIO Authorized Clerk April 1, 1998 Guoco Meridian LYRA GAY CASTILLO Equity Analyst April 1, 1998 SBC Warburg Sapphire GERARDO PABLO AVP-Institutional Sales April 6, 1998 Yamaichi Sapphire RAOUL VICENTE PEREZ AVP-Research March 30, 1998 Jardine Fleming Sapphire TIRSO TEVES Trainee April 20, 1998 Meridian Securities 2000 ALVIN ARCAS IT Manager April 17, 1998 BZW SocGen-Crosby ANDREW LONG Director for Research and Strategy April 1, 1998 Philippine TA Vickers Ballas JANE RIVERA Production Staff March 23, 1998 ING Baring Vickers Ballas Above-mentioned personnel have been issued clearances by their former employers to join another member-firm. cdlex For your information and guidance. (SGD.) RAFAEL L LLAVE Chief Operating Officer

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