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Approved Change in Corporate Name

PSE MEMO FOR BROKERS NO. 290-99 • Philippine Stock Exchange • Memo for Brokers • Aug 12, 1999

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August 12, 1999 PSE MEMO FOR BROKERS NO. 290-99 SUBJECT : Approved Change in Corporate Name MEMBER-FIRM : HSBC Securities Phils., Inc. Please be informed that the corporate name of HSBC Securities Phils., Inc. has been changed to HSBC SECURITIES (PHILIPPINES), INC . and the Board of Governors, in its regular meeting held on August 11, 1999 has taken notice of such change. LLjur For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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