Extension of Deadline to Submit the SEC Y2K Compliance Questionnaire

December 16, 1998 PSE MEMO FOR BROKERS NO. 581-98 SUBJECT : Extension of Deadline to Submit the SEC Y2K Compliance Questionnaire Please be informed that the Securities & Exchange Commission has issued Memorandum Circular No. 12 dated 27 November 1998, extending the deadline for the submission of the Y2K Compliance Questionnaire, copy of which is attached for your perusal. For your guidance. (SGD.) RAFAEL L. LLAVE Chief Operating Officer SEC MEMORANDUM CIRCULAR NO. 12-98 TO : Investment Houses Financing Companies Pre-Need Companies Securities Brokers and Dealers Investment Companies Philippine Stock Exchange. Philippine Central Depository, Inc.. Stock Transfer Agents Fund Managers Lending Investors Issuers of Registered/Listed Securities (including Commercial Papers Issuers) SUBJECT : Extension of Deadline to Submit the SEC Y2K Compliance Questionnaire WHEREAS, the Commission on October 6, 1998 issued Memorandum Circular No. 9 Series of 1998. requiring subject entities to submit on or before November 30, 1998 the duly accomplished SEC Y2K Compliance Questionnaire; WHEREAS, a substantial number of target industry players have yet to receive their questionnaires; and llcd WHEREAS, a lot of requests from the industry players to extend the deadline for the submission of the said questionnaire have been received by the Commission; In view thereof, the deadline for the submission of SEC Y2K Compliance Questionnaire is hereby extended from November 30, 1998 to December 29, 1998. Strict compliance herewith is enjoined. prcd This Circular shall take effect immediately. Issued this 27th day of November, 1998. EDSA Mandaluyong City. FE ELOISA C. GLORIA Officer in Charge