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Appointment of Acting Corporate Nominee

PSE Memo for Brokers No. 438-98 • Philippine Stock Exchange • Memo for Brokers • Sep 29, 1998

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September 29, 1998 PSE MEMO FOR BROKERS NO. 438-98 SUBJECT : Appointment of Acting Corporate Nominee MEMBER-FIRM : HSBC Securities Philippines, Inc. Please be informed that HSBC SECURITIES PHILIPPINES, INC ., in its letter-disclosure received by the Exchange on September 22, 1998, has appointed MR . LORENZO S . LICHAUCO as Acting Corporate Nominee vice MR . BRENDAN WHYTE who has resigned from the company effective September 17, 1998. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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