Personnel Movement — New Appointments

December 14, 1999 PSE MEMO FOR BROKERS NO. 397-99 SUBJECT : Personnel Movement New Appointments PERIOD COVERED : November 1, 1999 November 30, 1999 FROM MEMBER FIRMS: NAME OF POSITION EFFECTIVITY PREVIOUS EMPLOYEE EMPLOYER ANDREW PO DYCHIAO Independent Agent November 8, 1999 All AsiaSecuritics JENNIFER JARMONILLA Bookkeeper November 3, 1999 Asian Capital JURIS TEOPE Encoder/Computer Technician October 26, 1999 Belson LOVELL SARREAL Research Assistant November 8, 1999 Credit Lyonnais CHARLES AFABLE Trader September 27, 1999 Diversified WARLITO FONTIVEROS Messenger November 11, 1999 Goldstar JOYCE JOAN PASCUAL Accountant November 3, 1999 HE Bennett MONETTE LISING Computer Encoder October 16, 1999 I Ackerman NESTOR VILLALUZ Collector/Messenger October 16, 1999 I Ackerman JAMES DONOVAN Research Analyst November 2, 1999 Mark DANILO BAUTISTA Research Analyst November 2, 1999 Mark VINSON SEE ANG Sales Trainee November 3, 1999 Orion-Squire LORETO BALABIS Office Clerk October 18, 1999 Orion-Squire PATRICIA CACHOLA Receptionist October 18, 1999 Orion-Squire JEORGE MABINI Messenger October 18, 1999 Orion-Squire ROMMEL SAN GABRIEL Sales Trainee October 22, 1999 Orion-Squire SUSANA SO Sales Trainee October 25, 1999 Orion-Squire RUBIE TAYAG Clerk October 18, 1999 Orion-Squire ROLAN CALDIT Accounting Clerk October 7, 1999 Sun Hung Kai MICHAELANGELO BANZUELA Accounting Clerk October 7, 1999 Sun Hung Kai CHONA MANSALAPUS Trainee October 25, 1999 Sun Hung Kai JOLYN CAYABA Executive Secretary October 15, 1999 Vickers Ballas GEORGE MANALANG EDP Encoder October 12, 1999 Vickers Ballas Above-mentioned personnel were not connected with any member-firm prior to their present employment. cdll For your information and guidance. (SGD.) RUBEN L. ALMADRO Officer In Charge