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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 540 98 • Philippine Stock Exchange • Memo for Brokers • Nov 13, 1998

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November 13, 1998 PSE MEMO FOR BROKERS NO. 540-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : Regina Capital Development Corporation REGINA CAPITAL DEVELOPMENT CORPORATION has informed the Exchange on November 9, 1998 that its Accountant, MS. ELAINE JUNIO, is no longer connected with the company effective November 1, 1998. Clearance in favor of Ms. Junio 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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