PSE Circular for Brokers No. 1279-99

June 2, 1999 PSE CIRCULAR FOR BROKERS NO. 1279-99 June 1, 1999 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. June 1, 1999 Date of Report (Date of earliest event reported) 2. SEC Identification Number 17514 3. BIR TIN 320-000-599-760 4. RIZAL COMMERCIAL BANKING CORPORATION Exact name of registrant as specified in its charter 5. Philippines Province, country or other jurisdiction of incorporation 6. (SEC Use only) Industry Classification Code 7. 333 Sen. Gil J. Puyat Ave., Makati City 0727 Address of principal office 8. 632/894-9000 Registrant's telephone number, including area code 9. Not Applicable Former name or former address, if changed since last report 10. Securities registered pursuant to Sections 4 and 8 of the RSA Number of Shares of Common Stock Title of Each Class Outstanding and Amt. of Debt O/S Common Stock, P10.00 par value 432,964,018 (as of 6/01/99) 11. Indicate the item numbers reported herein: Item 9 Item 9. Other Events RCBC Board of Directors approved the following: 1. Declaration of cash dividend for the year 1999 amounting to P0.30 per share (P129.9 Million) to all Common Stockholders (A&B) of record as of the close of the 15th trading day from receipt of approval by BSP, payable in the following manner at P0.075 per share: 25% 20th banking day from record date 25% 90th day from 1st payment date 25% 180th day from 1st payment date 25% 270th day from 1st payment date 2. Appointment of Amb . Alfonso T . Yuchengco as Member of the Executive Committee of the Bank and Mr. Eduardo S. Lopez, Jr. as Ex-Officio Member but with voting power effective immediately. aisadc 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. RIZAL COMMERCIAL BANKING CORP. Registrant (SGD.) CESAR A. RUBIO Corporate Information Officer Cash Dividend Cash div. P0.30 per share RID TBA