Express Banking Convenience Now in PLDT @ctive Banking

January 7, 2000 PSE CIRCULAR FOR BROKERS NO. 040-00 EXPRESS BANKING CONVENIENCE NOW IN PLDT @CTIVE BANKING Banking on internet-based technology gives companies the edge to survive in today's highly competitive market. Almost every business is now a click-of-a-button away from each other because of the internet boom. PLDT is one of the companies to set the global trend in the local economy. Using cutting-edge technology, PLDT gives its customers @ctive banking convenience to do transactions over the net. Aside from being the first to launch, PLDT @ctive banking web site now provides the largest e-payment banking-module with Bank of the Philippine Islands (BPI) becoming a member of the @ctive Banking group. The forged alliance of one of the country's premiere banks allows corporate clients of BPI and PLDT to have express banking convenience, through PLDT @ctive Banking. BPI corporate depositors can go on-line in PLDT's @ctive Bill web site to view their statement of accounts, and through a hyperlink protocol updates their payments. The PLDT @ctive Bill module conveniently reduces time and costs associated with PLDT's billing and payment process, and improves the telecommunications company's sales-to-cash cycle time. A Memorandum of Understanding to develop and establish a secure electronic-based payment module linked to PLDT's internet-based @ctive Bill website was signed by PLDT President and CEO Manny Pangilinan and BPI President Xavier P. Loinaz. Witnessing the landmark agreement are PLDT First Vice President for Consumer Service Al Panlilio, BPI Senior Vice President Elvira Mayo, PLDT executives Ariel Roda, Atty. Ray Espinosa and BPI Officials Gil Buenaventura, Ramon Sales and Mitoy Sayo.