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PSE Circular for Brokers No. 1545-99

PSE Circular for Brokers No. 1545-99 • Philippine Stock Exchange • Circulars for Brokers • Jun 29, 1999

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June 29, 1999 PSE CIRCULAR FOR BROKERS NO. 1545-99 June 28, 1999 PHILIPPINE STOCK EXCHANGE, INC . Exchange Road, Ortigas Center Pasig City Attention: Atty . Ruben L . Almadro VP-Compliance & Surveillance Group Gentlemen : In response to your letter of June 28, 1999, relative to the increase of the share price of Baguio Gold Holdings Corporation by 50 0%, please be advised that we are not aware of any development or information which could have caused such increase, other than the pending discussions for the acquisition of a majority interest in Tanduay, as disclosed to the Listing and Disclosure Department last June 25, 1999. aisadc Very truly yours, (SGD.) BENJAMIN M. BITANGA President

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