Delivery of Stock Certificates for Verification and Settlement

Philippine Stock Exchange

PSE Memoranda

PSE Memo for Brokers No. 087-00

March 30, 2000

PSE MEMO FOR BROKERS NO. 087-00

SUBJECT : Delivery of Stock Certificates for Verification and Settlement

Further to Circular No. 52-2000 dated February 24, 2000, please be informed that effective April 3, 2000, the following listed issues shall be covered by the Depository's new lodgment and upliftment procedures:

PLDT Common Shares - (TEL) cdll

PLDT Preferred Series A to Z - (TELA to TELZ)

The transfer agent for TEL - Common shares is Hongkong & Shanghai Banking Corporation; while it is Rizal Commercial Banking Corporation for the TEL Preferred Series. cdtai

Please be guided accordingly.

(SGD.) JOSE G. CERVANTES
Chief Operating Officer

February 24, 2000

PSE MEMO FOR BROKERS NO. 052-00

SUBJECT : Delivery of Stock Certificates for Verification and Settlement

Please be informed that during its regular meeting on 26 January 2000, the Board of Governors approved the following resolution, to wit:

Resolution No. 17, Series of 2000

"RESOLVED, as it is hereby resolved, that the Exchange require all clients to deliver their stock certificates to their selling brokers on or before trading date (T + 0) and all brokers to deliver these instruments to...

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