PSE Circular for Brokers No. 1024-99

May 10, 1999 PSE CIRCULAR FOR BROKERS NO. 1024-99 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-(b)(3) THEREUNDER 1. May 7, 1999 Date of Report 2. SEC Identification Number : AS093-7946 3. BIR Tax Identification Number : 4. ALLIANCE GLOBAL, INC. Exact name of Registrant as specified in its charter 5. Metro Manila Province, country or other jurisdiction of incorporation or organization 6. (SEC use only) Industry classification code 7. 2nd Floor, Alliance Global Bldg., Eastwood City, C-5 Road, Libis, Quezon City, M.M. Address of principal office 8. 439-76-08 to 11 Registrant's telephone number, including area code 9. Securities registered pursuant to Section 4 and 8 of the Revised Securities Act : Number of shares Title of Each Class of stock Outstanding Common 336,100,000 10. Other events : The Board of Directors of Alliance Global, Inc. approved, today, a ten (10.0%) percent stock dividend declaration in favor of stockholders of record as of May 21, 1999 of Alliance Global, Inc. equivalent to THIRTY-THREE MILLION SIX HUNDRED TEN THOUSAND (33,610,000) common shares with an issue value of THIRTY-THREE MILLION SIX HUNDRED TEN THOUSAND PESOS (=P=33,610,000.00), Philippine currency, out of its unrestricted retained earnings, said issuance to be taken from the unissued portion of its authorized capital stock. Said stock dividend declaration will be submitted to Alliance Global, Inc.'s stockholders for their ratification during its annual stockholders' meeting to be held on June 4, 1999. cdlex SIGNATURE Pursuant to the requirements of the Revised Securities Act, the Registrant has duly caused this report top be signed on its behalf by the undersigned hereunto duly authorized. STOCK DIVIDEND STOCK 10% EX-STOCK MAY 17, 1999 RECORD DATE MAY 21, 1999 ALLIANCE GLOBAL, INC. by: (SGD.) PAULINE DOLOR A. ADVINCULA Corporate Secretary