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Separation from Office - No Clearance Issued

PSE Memo for Brokers No. 312-98 • Philippine Stock Exchange • Memo for Brokers • Jul 14, 1998

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July 14, 1998 PSE MEMO FOR BROKERS NO. 312-98 SUBJECT : Separation from Office - No Clearance Issued MEMBER-FIRM : HDI Securities Inc. HDI SECURITIES, INC . has informed the Exchange on July 4, 1998 that the following employees are no longer connected with the company effective June 29, 1998: NAME POSITION 1. MS. ABEGAIL VOLANTE Telephone Operator 2. MR. JOEL CABRERA Transfer Clerk The company has not issued any clearance in favor of Ms . Volante and Mr . Cabrera to join another member-firm. dctai For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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