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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 566-98 • Philippine Stock Exchange • Memo for Brokers • Dec 1, 1998

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December 1, 1998 PSE MEMO FOR BROKERS NO. 566-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : MDR Securities, Inc. MDR SECURITIES, INC. has informed the Exchange on November 20, 1998 that its Telephone Clerk/Salesman, MR. MARINO B. OCAMPO, will no longer be connected with the company effective November 30, 1998. Clearance in favor of Mr. Ocampo to join another member-firm is still being processed. LibLex For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & Chief Executive Officer

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