SBC eFPS Realtime Facility

Manila, October 3 2002 – Security Bank Corporation (PSE:SECB) signed a Memorandum of Agreement with the Bureau of Internal Revenue and the Bureau of Treasury at the Department of Finance formalizing its participation in the Electronic Filing and Payments System (eFPS) for tax collections of the BIR.Labeled eFPS RealTime and part of its DigiBanker suite of corporate cash management services, Security Bank