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Philippine Business BankPBB

PSE Disclosure Form 17-7 - Statement of Changes in Beneficial
Ownership of Securities References: SRC Rule 23 and
Section 17.5 of the Revised Disclosure Rules

Name of Reporting Person	Rolando R. Avante
Relationship of Reporting Person to Issuer	Vice-Chairman/President and CEO

Description of the Disclosure
Please see attached SEC Form 23B.