PSE Circular for Brokers No. 1091-99

May 14, 1999 PSE CIRCULAR FOR BROKERS NO. 1091-99 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-1(b)(3) THEREUNDER 1. Date of Report (Date of earliest event reported): 12 May 1999 2. SEC Identification Number: 17596 3. BIR Tax Identification No. 039-000-910-715 4. Exact name of registrant as specified in its charter: Asiatrust Development Bank, Inc. 5. Province, country or other jurisdiction of incorporation: Metro Manila, Philippines 6. Industry Classification Code: (SEC Use Only) 7. Address of Principal Office: 1424 Quezon Avenue, Quezon City, M.M Postal Code: 1103 8. Registrant's telephone number, including area code: (632) 373-41-01 to 02 9. Former name or former address, if changed since last report: N/A 10. Securities registered pursuant to Section 4 and 8 of the RSA: Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Outstanding Liabilities (as of March 1999) Common Shares 104,013,225 / P6,618,698,395.00 11. Indicate the item numbers reported herein: 1 Items 9 . Other Events In relation to the Cash Dividend declared on 29 April 1999 to Stockholders of Record as of 12 May 1999 and reported on 29 April 1999, please be informed that on May 11, 1999 the Bangko Sentral ng Pilipinas approved said Cash Dividend Declaration. The release of Cash Dividend Checks shall be made beginning on May 31, 1999. SIGNATURES Pursuant to the requirements of the Revised Securities Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CASH DIVIDEND UPDATE CASH P0.30 PER SHARE EX-CASH MAY 6, 1999 RECORD DATE MAY 12, 1999 DATE PAYABLE BEGINNING MAY 31, 1999 ASIATRUST DEVELOPMENT BANK, INC. Registrant (SGD.) MARCIAL S. EZEQUIEL Corporate Information Officer