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PSE Circular for Brokers No. 020-99

PSE Circular for Brokers No. 020-99 • Philippine Stock Exchange • Circulars for Brokers • Jan 6, 1999

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January 6, 1999 PSE CIRCULAR FOR BROKERS NO. 020-99 January 5, 1999 THE PHILIPPINE STOCK EXCHANGE Phil. Stock Exchange Center Exchange Road, Pasig City Attention: Mr . Ruben L . Almadro VP-Compliance & Surveillance Group Gentlemen : RE : Sanitary Wares Manufacturing Corporation ("Saniwares") In reply to your fax which we received today, January 5, 1999 regarding the unusual movement in the trading of Saniwares shares, we are unaware of any information, in respect of Saniwares, which may have caused such movement. aisadc Very truly yours, (SGD.) ROMULO, MABANTA, BUENAVENTURA, SAYOC & DE LOS ANGELES By (SGD.) CYNTHIA ROXAS-DEL CASTILLO

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