Personnel Movement-Resignations

November 3, 1999 PSE MEMO FOR BROKERS NO. 375-99 SUBJECT : Personnel Movement-Resignations PERIOD COVERED : October 1, 1999 October 31, 1999 FROM MEMBER FIRMS: NAME OF POSITION EFFECTIVITY PREVIOUS EMPLOYEE EMPLOYER EDWIN SIAO Institutional Sales Account Officer September 10, 1999 Abacus F. BYRON DE PERALTA Trainee September 30, 1999 Citisecurities TINA IBARRA-ALITAGTAG Senior Investment Analyst October 15, 1999 Credit Lyonnais ELVIRA AGUILAR Accounts Monitoring Officer October 1, 1999 Lippo WALTER QUIJANO I. T. Manager October 1, 1999 Lippo ROMMEL MAGLENTE Messenger October 1, 1999 Lippo PAULINE TAN Director for Operations September 1, 1999 Lippo STEVEN BRIAN JISON VP - Sales/Trader October 16, 1999 Market Capital EDMUNDO DACANAY AVP - Operations & Treasurer September 30, 1999 Orion-Squire PAOLO BAUTISTA Telephone Clerk September 15, 1999 Pierce Interlink REX STEWART CHEUNG Telephone Clerk September 22, 1999 Pierce Interlink ANA LIZA PEA Authorized Clerk September 30, 1999 R & L GLADYS REYES Equities Trader October 16, 1999 Rizal Equities EDWARD TEODORO Investment Analyst September 15, 1999 Securities 2000 AILEEN LIMKETEE Investment Analyst September 15, 1999 Securities 2000 BEVERLY ANSAY Accounting Clerk October 20, 1999 Thing On MARILOU FERNANDO Tel. Operator/Operations Asst. October 11, 1999 Unicapital MARK FRANCIS FLORESTA Research Assistant October 13, 1999 Unicapital WESLIE GATCHALIAN Marketing & Research Assistant October 1, 1999 Wellex Alternate Telephone Clerk Above-mentioned personnel were issued clearances to joint another member-firm by their previous employers. cdlex For your information and guidance (SGD.) JOSE LUIS U. YULO, JR. President and Chief Executive Officer