Personnel Movement — New Appointments

December 14, 1999 PSE MEMO FOR BROKERS NO. 396-99 SUBJECT : Personnel Movement New Appointments PERIOD COVERED : November 1, 1999 November 30, 1999 NAME OF PREVIOUS PRESENT EMPLOYEE POSITION EFFECTIVITY EMPLOYER EMPLOYER JANZEN NICOLAE Equities Dealer-Foreign October 25, 1999 Wealth All Asia Securities MARQUEZ Institutional Sales EDMUNDO DACANAY VP-Finance & Administration October 16, 1999 Orion-Squire Asian Capital LORNA VENTURINA Accountant November 22, 1999 Topwin Fidelity GENOVEVA TAPANG Settlement Clerk November 22, 1999 Kerry Fidelity RIC BASILIO Collector/Messenger October 16, 1999 I Ackerman (re-hired) AURORA DAVID Administrative Assistant October 22, 1999 Orion-Squire (re-hired) RODEL DOMDOM Analyst October 25, 1999 Orion-Squire (re-hired) TINA IBARRA-ALITAGTAG Associate Director-Equity November 8, 1999 Credit Lyonnais Warburg Dillon Research Read Above-mentioned personnel have been issued clearances by their former employers to join another member-firm. cdlex For your information and guidance. (SGD.) RUBEN L. ALMADRO Officer In Charge