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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 441-98 • Philippine Stock Exchange • Memo for Brokers • Sep 29, 1998

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September 29, 1998 PSE MEMO FOR BROKERS NO. 441-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : Connell Securities, Inc. CONNELL SECURITIES, INC . has informed the Exchange on September 22, 1998 that its Dealing Manager, MR . WING HUNG FELIX CHAN , is no longer connected with the company effective August 25, 1998. LexLib The company has not issued any clearance in favor of Mr . Chan to join another member-firm. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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