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Termination from Office — No Clearance Issued

PSE Memo for Brokers No. 237-98 • Philippine Stock Exchange • Memo for Brokers • May 27, 1998

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May 27, 1998 PSE MEMO FOR BROKERS NO. 237-98 SUBJECT : Termination from Office No Clearance Issued MEMBER-FIRM : I. B. Gimenez Securities, Inc. I . B . GIMENEZ SECURITIES, INC . has informed the Exchange on May 20, 1998 that MS . CECILIA DE LOS SANTOS has been terminated effective April 30, 1998. cdll The company has not issued any clearance in favor of Ms. Delos Santos to join another firm. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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