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PSE Circular for Brokers No. 1385-99

PSE Circular for Brokers No. 1385-99 • Philippine Stock Exchange • Circulars for Brokers • Jun 14, 1999

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June 14, 1999 PSE CIRCULAR FOR BROKERS NO. 1385-99 June 11, 1999 PHILIPPINE STOCK EXCHANGE, INC . (PSE) Philippine Stock Exchange Center Exchange Road, Ortigas Center Pasig, Metro Manila Attention: Ms . Grace B . de Guia Assistant Manager Gentlemen/Mesdames : Pursuant to SEC and PSE's disclosure requirements, we report to your good office that the Board of Directors during its Special Board Meeting held this morning, decided the following matters: a) Accepted the resignation of Mr. Motassim A. Al-Maashouq as Vice President effective June 11, 1999 and elected Mr. Ziad S. Al-Labban as his replacement; Very truly yours, (SGD.) LIBERADOR V. VILLEGAS Corporate Secretary

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