Application for Change of Corporate Nominee

January 27, 2000PSE MEMO FOR BROKERS NO. 027-00SUBJECT:Application for Change of Corporate Nominee   MEMBER FIRM:Fidelity Securities, Inc. FIDELITY SECURITIES, INC. submitted the name of MR. BEN C. TIU as its Corporate Nominee to the Philippine Stock Exchange, Inc. vice Ms. Regina N. Balane.Pursuant to our Membership Rules, the Exchange hereby notifies the membership and will now accept any comments on the above-mentioned application.Please send your comments to our Membership Department within fifteen (15) days from the date of circulation. The last day for submission of comments will be on February 10, 2000. cdaPlease be guided accordingly. (SGD.) JOSE LUIS U. YULO, JR.President & Chief Executive Officer