Issuance of Clearance

Philippine Stock Exchange

PSE Memoranda

PSE Memo for Brokers No. 021-00

January 13, 2000

PSE MEMO FOR BROKERS NO. 021-00

SUBJECT:Issuance of Clearance
MEMBER-FIRM:DBS Securities Philippines, Inc.

Further to PSE Memo for Brokers No. 387-99 dated November 24, 1999, DBS SECURITIES PHILIPPINES, INC. has informed the Exchange that the company has issued clearance in favor of MR. EDUARDO R. NEPOMUCENO to join another member-firm. cdtai

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