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Letter of Amsteel Securities Philippines, Inc. Regarding Mr. Rhoderick Mendoza and Ms. Ana Maria Santos

PSE Memo for Brokers No. 227-98 • Philippine Stock Exchange • Memo for Brokers • May 22, 1998

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May 22, 1998 PSE MEMO FOR BROKERS NO. 227-98 SUBJECT : Letter of Amsteel Securities Philippines, Inc. Regarding Mr. Rhoderick Mendoza and Ms. Ana Maria Santos Quoted hereunder is a notice from AMSTEEL SECURITIES PHILIPPINES, INC . received on May 15, 1998: ". . ., please be informed that effective May 4, 1998, the following had been placed on preventive suspension for cause: RHODERICK MENDOZA Asst. Manager, Retail Sales ANA MARIA C. SANTOS Agent Any and all transactions made by Mr. Mendoza and Ms. Santos as of the above date shall not be honored by Amsteel Securities Philippines, Inc. Clearances have not been issued in favor of the abovementioned to join any other member-broker firms. . . . For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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