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Kuok Philippine Properties, Inc. (PSE Control No. E-5007)

PSE Circular for Brokers No. 082-98 • Philippine Stock Exchange • Circulars for Brokers • Feb 6, 1998

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February 6, 1998 PSE CIRCULAR FOR BROKERS NO. 082-98 February 5, 1998 PHILIPPINE STOCK EXCHANGE, INC. PSE Centre, Exchange Road Ortigas Center, Pasig City Metro Manila Attention : Atty . Ruben L . Almadro VP, Compliance & Surveillance Department RE : Kuok Philippine Properties, Inc . (PSE Control No . E-5007) Gentlemen : On behalf of KUOK PHILIPPINE PROPERTIES, INC . (KPPI), we reply to your facsimile letter of even date on the matter of the 48.65% increase in the share price of KPPI (from P0.37 to P0.55 per share) during today's trading. Please be advised that we are unaware of any information, material or otherwise, which could have affected KPPI's share prices of which could have influenced today's trading activities on the KPPI shares. We trust you will find the foregoing satisfactory and sufficient for you not to declare a trading halt on KPPI's shares. Thank you. Very truly yours, (SGD.) CYNTHIA M. LAURETA Corporate Secretary

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