Commencement of Operation

Philippine Stock Exchange

PSE Memoranda

PSE Memo for Brokers No. 047-00

February 10, 2000

PSE MEMO FOR BROKERS NO. 047-00

SUBJECT:Commencement of Operation
MEMBER FIRM:Coherco Securities, Inc.

Please be informed that COHERCO SECURITIES, INC. (with Mr. Wilfred T. Co as the designated corporate nominee) will have its formal opening at the PSE Centre (Tektite) Trading Floor on Monday, February 14, 2000. cdtai

The official address of Coherco Securities, Inc. is at 240 Banawe cor. Panalturan Streets, Manresa, Quezon City with the following telephone numbers:

Office Telephone Number363-7602 (Trunkline)
Fax Number364-6240
Trading Floor Telephone Nos.634-1832; 634-1840; 634-1846;
634-1873; 634-1986; 634-1993
Booth Number37

The broker code assigned to Coherco Securities, Inc. is 387.

Please be guided accordingly. Cdpr

(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
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