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PSE Circular for Brokers No. 1399-98

PSE Circular for Brokers No. 1399-98 • Philippine Stock Exchange • Circulars for Brokers • Jun 23, 1998

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June 23, 1998 PSE CIRCULAR FOR BROKERS NO. 1399-98 PHILIPPINE STOCK EXCHANGE 4/F PSE Center, Exchange Rd. Ortigas Center, Pasig Fax No. 636-0809 Attention: Disclosure Department Gentlemen : It has come to our attention that a certain article that appeared in a local daily last week and a comment made by an analyst yesterday has inadvertently included Metrobank in the list of local creditors of Philippine Airlines (PAL). Contrary to these reports, we would like to advise the PSE and the investing public that Metrobank is not one of PAL's creditors. Thank you. Sincerely yours, (SGD.) ANTONIO V. VIRAY First Vice-President Asst . Corporate Secretary

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