January 3, 2000
PSE MEMO FOR BROKERS NO. 009-00
| SUBJECT | : | Personnel Movement — Resignation |
| PERIOD COVERED | : | December 1, 1999 — December 31, 1999 |
NAME OF | POSITION | EFFECTIVITY | FORMER |
EMPLOYEE | EMPLOYER | ||
| TSUTOMU NAKATSUGAWA | Director/EVP/Treasurer | November 15, 1999 | DBP-Daiwa |
| ISMAEL A. PILI | Senior Research Analyst | December 1, 1999 | Indosuez WI Carr |
Above-mentioned employees transferred to its company's affiliate/subsidiary. LibLex
For your information and guidance.
(SGD.) JOSE FERNANDO T. ALCANTARA
Officer In Charge
