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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 490-98 • Philippine Stock Exchange • Memo for Brokers • Oct 20, 1998

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October 20, 1998 PSE MEMO FOR BROKERS NO. 490-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : I. B. Gimenez Securities, Inc. I. B. GIMENEZ SECURITIES, INC . has informed the Exchange on October 19, 1998 that the following employees are no longer connected with the company: NAME POSITION EFFECTIVITY 1. RAMON LUIS STO. DOMINGO Manager August 4, 1998 2. MERCY ALVAREZ Bookkeeper September 15, 1998 The company has not issued any clearance in favor of the above-mentioned employees to join another member-firm. LLpr For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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