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PSE Circular for Brokers No. 116-99

PSE Circular for Brokers No. 116-99 • Philippine Stock Exchange • Circulars for Brokers • Jan 25, 1999

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January 25, 1999 PSE CIRCULAR FOR BROKERS NO. 116-99 January 22, 1999 MR. REYNOLD P . ONG Vice-President Listing & Disclosure Group PHILIPPINE STOCK EXCHANGE, INC. Exchange Road, Ortigas Center Pasig City, Metro Manila Dear Sir : In compliance with the PSE reportorial requirements, please be informed that the Aboitiz Equity Ventures, Inc. (AEV) together with its partner, the Generale des Eaux (GDE) have submitted an unsolicited BOT proposal for the rehabilitation and expansion of the water distribution system of Metro Cebu Water District (MCWD). This proposal is currently being evaluated by MCWD management and their Board of Directors. aisadc Thank you. Very truly yours, ABOITIZ EQUITY VENTURES, INC. By: (SGD.)JESUS A. SANTIAGO Corporate Secretary

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