PSE Circular for Brokers No. 1456-98

June 29, 1998 PSE CIRCULAR FOR BROKERS NO. 1456-98 June 26, 1998 PHILIPPINE STOCK EXCHANGE, INC. Philippine Stock Exchange Center Exchange Road, Ortigas Center Pasig City, Metro Manila RE : Your letter dated June 26, 1998 clarification of news article Gentlemen : In response to your above-mentioned letter we attach a copy of the order issued by the SEC on June 19, 1998 and served on June 24, 1998, which appears to be the basis of the news article. dctai Very truly yours, Sime Darby Pilipinas, Inc. by: (SGD.) ATTY. RONALD E. JAVIER Vice-President, Corporate & Legal Affairs SECCASE NO. 05-98-5977 LEONARDO B. ALEJANDRINO, For Himself and on behalf of SIME DARBY PILIPINAS, INC., Petitioners, versus SEAN T. O'KELLY, et al., Respondents. ORDER Submitted for resolution is the petitioner's urgent motion for temporary restraining under (TRO) after a summary hearing thereof was conducted. After a perspicacious analysis of the pleadings filed together with the oral comments by the parties through their respective counsel the undersigned is of the belief and so holds that no grave injustice or irreparable injury would resulted no TRO will be issued before the matter can be heard on the injunctive relief. SO ORDERED. Mandaluyong City, June 19, 1998. (SGD.) JOSEFINA L. PASAY-PAZ Deputy Executive Director & concurrently Acting Head SICD