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TO : THE INVESTING PUBLIC AND TRADING PARTICIPANTS DATE : NOVEMBER 14, 2013 SUBJECT : APPROVED AMENDMENT TO THE REVISED TRADING RULES REGARDING THE EXTENDED PRE-CLOSE PERIOD Further to Memorandum TPA – No. 2013-0167 dated October 16, 2013, attached is a copy of the amended sections of the Revised Trading Rules and its Implementing Guidelines with regards to the implementation of the extended Pre-Close period, bearing the signatures of two (2) officials of PSE and Securities and Exchange Commission (SEC) – Markets and Securities Regulation Department (MSRD) Director. For your information. (Original Signed) RACHELLE C. BLANCH VP and Head, Market Operations Division Noted by: (Original Signed) ROEL A. REFRAN Chief Operating Officer TPA - No. 2013-0185

TPA - No. 2013-0185

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TO : THE INVESTING PUBLIC AND TRADING PARTICIPANTS DATE : NOVEMBER 14, 2013 SUBJECT : APPROVED AMENDMENT TO THE REVISED TRADING RULES

REGARDING THE EXTENDED PRE-CLOSE PERIOD

Further to Memorandum TPA – No. 2013-0167 dated October 16, 2013, attached is a copy of the amended sections of the Revised Trading Rules and its Implementing Guidelines with regards to the implementation of the extended Pre-Close period, bearing the signatures of two (2) officials of PSE and Securities and Exchange Commission (SEC) – Markets and Securities Regulation Department (MSRD) Director. For your information.

(Original Signed) RACHELLE C. BLANCH VP and Head, Market Operations Division

Noted by:

(Original Signed) ROEL A. REFRAN Chief Operating Officer

TPA - No. 2013-0185