Revised List of Securities Eligible as Collateral

Philippine Stock Exchange

PSE Memoranda

PSE Memo for Brokers No. 02-0511

May 5, 2011

PSE MEMO FOR BROKERS NO. 02-0511

FOR:All Clearing Members
SUBJECT:Revised List of Securities Eligible as Collateral

The Philippine Stock Exchange, Inc. (PSE) has advised the revision in the composition of the PSEi effective 09 May 2011 in its Memorandum No. 2011-0171 dated 20 April 2011. A copy of the said Memorandum is attached for your easy reference.

In line with our daily Mark-to-Market Collateral Deposit (MMCD) system, we wish to inform all Clearing Members who opt to submit securities as collateral that effective 09 May 2011, SCCP will adopt the revised composition of the PSEi since these are the same Issues that are eligible as collateral.

As previously approved by the SCCP Board, "PSE" shares continue to be eligible as collateral in addition to the 30 listed companies comprising the revised PSEi.

Should you have any questions, please feel free to call any of the following:

Cora Herrera-819-4470
Adis Sevilla-819-4464 or 403-3625
Ronald Pendon-819-4465

Please be guided accordingly. Thank you.

(SGD.) RENEE D. RUBIO
Chief Operating Office

ATTACHMENT

PSE Memorandum No. 0171-11
dated April 20, 2011

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