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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 514-98 • Philippine Stock Exchange • Memo for Brokers • Oct 30, 1998

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October 30, 1998 PSE MEMO FOR BROKERS NO. 514-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : CONNELL Securities, Inc. CONNELL SECURITIES, INC. has informed the Exchange on October 28, 1998 that its Independent Trader, MR. ANTONIO ALFAJORA, is no longer connected with the company effective October 13, 1998. LibLex Clearance in favor of Mr. Alfajora to join another member-firm is still being processed. For your information and guidance. (SGD.) RAFAEL L. LLAVE Chief Operating Officer

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