March 26, 1999

BSP CIRCULAR LETTER

TO : All Banks and Non-Bank Financial Intermediaries With Quasi-Banking Functions

DHARMALA CAPITAL INVESTMENT & TRUST CO., INC., an investment house with trust authority, has changed its corporate name to WISE CAPITAL INVESTMENT & TRUST CO., INC. effective 15 March 1999, as duly approved by the Securities and Exchange Commission. cdll

(SGD.) R.P. LIRIO
Managing Director