Copy of Asiatrust Development Bank's letter of November 28, 1996

CIRCULAR LETTER Series of 1997

TO : All Banks

We are furnishing you a copy of Asiatrust Development Bank's letter of November 28, 1996 which is self-explanatory.

Please advise your branches and banking offices accordingly.

ALBERTO V. REYES Deputy Governor

November 28, 1996

Bangko Sentral ng Pilipinas Malate, Manila

Attention: MR. ALBERTO V. REYES Deputy Governor Supervision and Examination Sector

Dear Sir:

RE: LOST BLANK MANAGER'S CHECKS — Asiatrust Bank — Muntinlupa Branch

Please be informed that the following Managers Checks of our Muntinlupa Branch were lost on November 14, 1996.

BRANCH

MC Numbers

No. of Pieces

Muntinlupa

1101

1

1151

1

1201

1

1251 to 1254

4

1351 to 1500

150

1526 to 1550

25

1601 to 1650

50

1650 to 1657

8

1701 to 1750

50

2151 to 2300

50

2201 to 2250

50

2251 to 2300

50

2401 to 2450

50

2451 to 2487

38

Total

528

We request that no payment be made on said checks and that Asiatrust Bank be notified immediately if presented for negotiation.

Please disseminate to all your member banks.

Very truly yours,

Rebecca R. Igot First Vice President cc: Dionisio C. Ong President