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Issuance of Clearances

PSE Memo for Brokers No. 374-98 • Philippine Stock Exchange • Memo for Brokers • Aug 10, 1998

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August 10, 1998 PSE MEMO FOR BROKERS NO. 374-98 SUBJECT : Issuance of Clearances MEMBER-FIRM : PNB Securities, Inc. Further to PSE Memo for Brokers No. 293-98 dated July 2, 1998, PNB SECURITIES, INC . has informed the Exchange on August 5, 1998 that the company has issued clearance in favor of the following employees to join another member-firm: cdpr 1. MR. GADBURT V. MERCADO 2. MS. IMELDA R. CANUEL For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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