Information on ESOS Account

	Basically, you would be applying for two accounts to faciliate the exercise process.
	1.	Phillip Financial Account (RV). This account would provide for up to 100% financing of the options if necessary. Even if financing is not required, you may still utilize this account to exercise your shares. Imagine the convenience, imagine the hassle-free. At Phillip, we make things easy. As a general note, under this account, you are prohibited from selling any shares purchased through other accounts. That means to say, if you intend to sell any shares already purchased in your securities account, you are encouraged to open a Phillip Cash Management Account to perform your sale.		2.	Phillip Securities Borrowing and Lending Account (SBL). It is a known fact in Singapore that if you exercise today, you would have to wait for the exercised shares to be credited into your Securities account before you are able to sell them. However, with this account (SBL), you would be allowed the opportunity to sell your entitlements anytime after exercising. Thus with this account, you would be able to lock in your selling price without having to watch helplessly while the share price fluctuates.
		To obtain a copy of the application form or for further enquiries, please call 65311-555.

	Copyright © 2004. Phillip Securities Pte Ltd