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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 395-98 • Philippine Stock Exchange • Memo for Brokers • Sep 8, 1998

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September 8, 1998 PSE MEMO FOR BROKERS NO. 395-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : DBS Securities Philippines, Inc. DBS SECURITIES PHILIPPINES, INC . has informed the Exchange on September 4, 1998 that the following employees are longer connected with the company: NAME POSITION EFFECTIVITY 1. RIZALINDA D. SANCHEZ Executive Secretary September 4, 1998 2. JANET E. DE LOS SANTOS Receptionist August 31, 1998 Clearances in favor of Mmes . Sanchez and De los Santos to join another member-firm are still being processed. cdlex For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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