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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 443-98 • Philippine Stock Exchange • Memo for Brokers • Sep 29, 1998

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September 29, 1998 PSE MEMO FOR BROKERS NO. 443-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : Market Capital & Securities, Inc. MARKET CAPITAL & SECURITIES, INC . has informed the Exchange on September 24, 1998 that its Accounting Assistant, MS . ANITA M . ORMINITA is no longer connected with the company effective September 7, 1998. cdlex Clearance in favor of Ms . Orminita to join another member-firm is still being processed. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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