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PSE Circular for Brokers No. 1591-99

PSE Circular for Brokers No. 1591-99 • Philippine Stock Exchange • Circulars for Brokers • Jul 1, 1999

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July 1, 1999 PSE CIRCULAR FOR BROKERS NO. 1591-99 June 30, 1999 Phil. Stock Exchange, Inc. PSE Centre Exchange Road Ortigas Center, Pasig City Attention: Atty . Ruben L . Almadro VP-Compliance & Surveillance Group Gentlemen : Reference is made to your faxed letter this afternoon offering the observation that there is an unusual movement in the trading of Marsteel Consolidated, Inc. Class "B" (MCB) shares today, June 30, 1999. (The share price of MCB increased by 42.86% from P0.0070 to P0.0100 per share). Please be advised that we are not aware of any information that could have caused the noted unusual trading of our shares in the market. cdlex Rest assured that if we get any relevant information that may affect the value of the shares, same will immediately be communicated to your office. Very truly yours, (SGD.) JOSE V. MARTEL Sr . Vice-President

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