Application for Corporate Membership

Philippine Stock Exchange

PSE Memoranda

PSE Memo for Brokers No. 054-00

February 18, 2000

PSE MEMO FOR BROKERS NO. 054-00

SUBJECT:Application for Corporate Membership
MEMBER-FIRM:BA Securities, Inc.

Please be informed that an application for Corporate Membership in the Exchange has been filed by BA SECURITIES, INC. through the transfer of seat registered in the name of Mr. Ang Biao and the designation of MR. ANG BIAO as its corporate nominee.

Pursuant to Art. III, Section 8 of the PSE By-Laws, the Exchange hereby notifies the membership and will not 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 March 3, 2000. cdlex

Please be guided accordingly.

(SGD.) JOSE LUIS U. YULO, JR.
President & Chief Executive Officer

AIC Grande Tower Garnet Road
Ortigas Center, Pasig City
Metro Manila Philippines

Mobile No. +639451244898
digestph@gmail.com