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PSE Circular for Brokers No. 1215-99

PSE Circular for Brokers No. 1215-99 • Philippine Stock Exchange • Circulars for Brokers • May 27, 1999

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May 27, 1999 PSE CIRCULAR FOR BROKERS NO. 1215-99 May 26, 1999 Philippine Stock Exchange, Inc . Disclosure Department Listings and Disclosure Group 4th Floor, Philippine Stock, Exchange Center PSE Center, Exchange Road Ortigas Center, Pasig City Attention: Ms . Gracita B . de Guia Assistant Manager Gentlemen : Please be advised that La Tondea Distillers, Inc. ("LTDI") recently disposed of all its shareholdings in La Tondea United Distillers, Inc. ("LTUD"), a joint venture established with United Distillers Plc. ("UD") for the distribution of UD-owned liquor products. LTDI's divestment was brought about by the merger of UD and International Distillers and Vintners to form United Distillers & Vintners. cdlex For your information. Very truly yours, (SGD.) FERDINAND K. CONSTANTINO Corporate Information Officer

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