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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 240-98 • Philippine Stock Exchange • Memo for Brokers • May 27, 1998

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May 27, 1998 PSE MEMO FOR BROKERS NO. 240-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : OCBC Securities Philippines, Inc. OCBC Securities Philippines, Inc . has informed the Exchange on May 22, 1998 that its Accounting Clerk, MS . GINA GIANAN , is no longer connected with the company effective May 21, 1998. cdlex Clearance in favor of Ms . Gianan to join another member-firm is still being processed. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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