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PSE Circular for Brokers No. 1589-99

PSE Circular for Brokers No. 1589-99 • Philippine Stock Exchange • Circulars for Brokers • Jul 1, 1999

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July 1, 1999 PSE CIRCULAR FOR BROKERS NO. 1589-99 June 30, 1999 PHILIPPINE STOCK EXCHANGE PSE Center Exchange Road, Ortigas Center Pasig City Attention: Ms . Luisa W . Buenaventura Supervisor, Disclosure Department RE : Disclosure on Transaction with PAGCOR Gentlemen : Please be advised that BW Resource Corporation and the Philippine Amusement & Gaming Corporation (PAGCOR) executed a Memorandum of Understanding today, 30 June 1999. Under the terms of the contract, PAGCOR will be the anchor tenant in the Sheraton Marina Hotel a development project of BW Resource Corporation. aisadc For your information and guidance. Very truly yours, BW RESOURCE CORPORATION BY: (SGD.) AGNES H. MARANAN Corporate Information Officer

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