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Separation from Office — No Clearance Issued

PSE Memo for Brokers No. 584-98 • Philippine Stock Exchange • Memo for Brokers • Dec 28, 1998

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December 28, 1998 PSE MEMO FOR BROKERS NO. 584-98 SUBJECT : Separation from Office No Clearance Issued MEMBER-FIRM : Angping & Associates Securities, Inc. ANGPING & ASSOCIATES SECURITIES, INC. has informed the Exchange on December 1, 1998 that its Agent/Salesman, MR. LEONARD R. FORMOSO, is no longer connected with the company effective November 15, 1998. The company has not issued any clearance in favor of Mr. Formoso to join another member-firm. For your information and guidance. (SGD.) RAFAEL L. LLAVE Chief Operating Officer

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