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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 458-98 • Philippine Stock Exchange • Memo for Brokers • Oct 6, 1998

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October 6, 1998 PSE MEMO FOR BROKERS NO. 458-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : Anscor Hagedorn Securities, Inc. THIS SUPERSEDES MEMO FOR BROKERS NO . 440-98 DATED 01 OCTOBER 1998 . ANSCOR HAGEDORN SECURITIES, INC . has informed the Exchange on September 25, 1998 that the following employees are no longer connected with the company: NAME POSITION EFFECTIVITY 1. JENNIFER O. CHUA Office Assistant August 31, 1998 2. CHRISTOPHER JOHN S. HAGEDORN Account Manager September 1, 1998 3. ELLINE P. SALVATIERRA Securities Analyst September 1, 1998 The company has not issued any clearance in favor of the above-mentioned employees to join another member-firm. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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