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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 408-98 • Philippine Stock Exchange • Memo for Brokers • Sep 14, 1998

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September 14, 1998 PSE MEMO FOR BROKERS NO. 408-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : Amsteel Securities Philippines, Inc. AMSTEEL SECURITIES PHILIPPINES, INC . has informed the Exchange on September 9, 1998 that the following employees are no longer connected with the company: NAME POSITION EFFECTIVITY 1. RAUL GONZALES Settlements Assistant August 3, 1998 2. GERALDINE TIMAJO Senior Accountant August 3, 1998 3. JAYSON M. CHUA Account Officer August 15, 1998 4. CRISTINA F. LEONG Account Officer August 15, 1998 5. JANET A. ANG Account Officer August 15, 1998 The company has not issued any clearance in favor of the above-mentioned employees to join another member-firm. aisadc For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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