Issuance of Clearance

Philippine Stock Exchange

PSE Memoranda

PSE Memo for Brokers No. 036-00

February 2, 2000

PSE MEMO FOR BROKERS NO. 036-00

SUBJECT:Issuance of Clearance
MEMBER FIRM:All Asia Securities Management Corporation

Further to PSE Memo for Brokers No. 387-99 dated November 24, 1999, ALL ASIA SECURITIES MANAGEMENT CORPORATION has informed the Exchange that the company has issued clearance in favor of MR. CARLO F. DACANAY to join another member-firm. Cdpr

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

AIC Grande Tower Garnet Road
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Metro Manila Philippines

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