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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 504-98 • Philippine Stock Exchange • Memo for Brokers • Oct 29, 1998

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October 29, 1998 PSE MEMO FOR BROKERS NO. 504-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : Philippine Ta Securities, Inc. PHILIPPINE TA SECURITIES, INC. has informed the Exchange on October 26, 1998 that the following employees shall no longer be connected with the company effective October 31, 1998: 1. PABLO F. CAPITO Driver 2. RONALDO M. DE LA CRUZ Securities Clerk 3. WARLITO F. FONTIVEROS Messenger 4. EDGAR A. TABILANGON Messenger Clearances in favor of the above-mentioned employees to join another member-firm are still being processed. For your information and guidance. prcd (SGD.) RAFAEL L. LLAVE Chief Operating Officer

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