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PSE Circular for Brokers No. 1729-99

PSE Circular for Brokers No. 1729-99 • Philippine Stock Exchange • Circulars for Brokers • Jul 14, 1999

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July 14, 1999 PSE CIRCULAR FOR BROKERS NO. 1729-99 July 13, 1999 Ms. Grace B. De Guia Asst. Manager, Disclosure Dept. Philippine Stock Exchange 4th Floor, PSE Center Exchange Road, Ortigas Center Pasig City Dear Ms. De Guia : In reply to your fax letter today, regarding the news article entitled "PLDT BUYING DESTINY CTV, PHILCOMSAT" which appeared in the July 13, 1999 issue of the Manila Standard, please be informed that Philcomsat Holdings Corporation (PHC) is not aware of any discussions or negotiations on the supposed purchase by PLDT of PHC. PHC wishes to state that it has not been approached by any party regarding the matters stated in the said news article. Very truly yours, (SGD.) ROBERTO V. SAN JOSE Corporate Secretary

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