Personnel Movement — Re-Designation

April 3, 2000PSE MEMO FOR BROKERS NO. 094-00SUBJECT : Personnel Movement — Re-DesignationPERIOD COVERED : MARCH 1, 2000 - MARCH 31, 2000CONCURRENT*/    NAME OFPREVIOUS   EMPLOYEEPOSITION RE-DESIGNATION EFFECTIVITYEMPLOYER     LIGAYA PINGAAdmin. Asst./Telephone ClerkMarch 29, 2000Capitol Sec. One Exec. Secretary*   ARLYN JAMIGBookkeeper/Encoder*Trainee-Trading FloorMarch 14, 2000CathayANA PATRICIA HOCSONAVP - InstitutionalSales AgentMarch 1, 2000GK Goh Sales**   RUDY CAMIGLAAuthorized Clerk**SalesmanFebruary 28,2000I. AckermanADRIANO BUCOGMessengerMessengerMarch 16, 2000Market Capital (Contractual)**(Probationary)  DINO CANSANADealing Assistant*Authorized ClerkMarch 14, 2000NomuraELIZABETH CASTROAccounts MonitoringSettlements StaffFebruary 28, 2000Securities 2000 Staff**   MARK DE LOS SANTOSManagementAccounts MonitoringFebruary 28, 2000Securities 2000 Accountant**Staff  GERLIE STA. ELENASettlements Staff**Customer RelationsFebruary 28, 2000Securities 2000 Officer   YANG WAIAVP - Sales*Authorized ClerkMarch 21, 2000TowerMARMIE CARSULATelephone Clerk**Authorized ClerkMarch 20, 2000TritonELVIRA SALCEDOAccountant*Authorized ClerkMarch 20, 2000TritonRAMON DIOKNODirector*Authorized ClerkMarch 20, 2000UPCCWILLIAM UYPresident*Telephone ClerkMarch 23, 2000UPCCANDRES DEL ROSARIOVP - CorporateCompliance OfficerMarch 1, 2000Worldsec Finance*   MA. PAZ SEMILLAAVP/Finance OfficerAVP Finance OfficerMarch 1, 2000Worldsec Compliance Officer**   For your information and guidance. ETIHCa (SGD.) JOSE LUIS U. YULO JR.President & Chief Executive Officer