SOP Exhibits

Title:

Application for PNB All-Purpose Salary Loan

SOP Number : HR-PB22

EXHIBIT 4


PHILIPPINE NATIONAL BANK

June 1, 1993

EMPLOYER
xxxxxxxxxxxx
xxxxxxxxxxxx

SUBJECT : APPLICATION FOR PNB ALL-PURPOSE SALARY LOAN

Please notify the personnel listed on the following page that their respective loan
applications had been approved.

Proceeds of loans are already credited to individual borrower's deposit accounts
(for borrowers with deposit account arrangement) but will only be available for withdrawal
after the corresponding Loan Release/Renewal Sheet and Disclosure Statement are
signed