ABS-CBN Holdings Corporation Philippine Deposit Receipts ("PDRs") Additional Listing and Monitoring

January 3, 2000 PSE CIRCULAR FOR BROKERS NO. 007-00 SUBJECT : ABS-CBN Holdings Corporation Philippine Deposit Receipts ("PDRs") Additional Listing and Monitoring The Exchange approved on September 8, 1999, subject to either actual issuance or exercise of PDRs, the listing application of ABS-CBN HOLDINGS CORPORATION ("the Company") to list a maximum of 272,000,000 Philippine Deposit Receipts ("PDRs"). In this connection, please be advised that the Company's PDR agent has received notice from ABS-CBN shareholder for the exchange of 215,000 ABS-CBN shares to 215,000 PDRs. In view thereof, the listing of the 215,000 PDRs is set for Tuesday, January 4, 2000. This brings the number of PDRs listed arising from the exchange of 211,990,906 ABS-CBN shares to a total of 211,990,906 PDRs. The designated PDR Agent is hereby authorized to record and register in its books the above number of PDRs. For your information and guidance. (SGD.) MARIA ISABEL T. GARCIA OIC, Listings and Disclosure Group