Order Freezing the Assets of WINGOLD MANAGEMENT PHILS., INC. (Wingold Management Limited)

April 21, 1999

BSP CIRCULAR LETTER

TO:All Commercial Banks and Thrift Banks
SUBJECT:Order Freezing the Assets of WINGOLD MANAGEMENT PHILS., INC. (Wingold Management Limited)

As requested by Chairman Perfecto R. Yasay, Jr., of the Securities and Exchange Commission (SEC), we are furnishing you, for your reference and guidance, a copy of his letter dated April 14, 1999, seeking assistance in the implementation of a SEC Order freezing the assets of WINGOLD MANAGEMENT PHILS., INC. (Wingold Management Limited) by informing trustee/depository banks of said corporation to disallow any and all withdrawals of any assets of said corporation in their custody.

cdrep

(SGD.) ARMANDO L. SURATOS
Deputy Governor and General Counsel

AIC Grande Tower Garnet Road
Ortigas Center, Pasig City
Metro Manila Philippines

Mobile No. +639451244898
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