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PSE Circular for Brokers No. 1762-99

PSE Circular for Brokers No. 1762-99 • Philippine Stock Exchange • Circulars for Brokers • Jul 16, 1999

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July 16, 1999 PSE CIRCULAR FOR BROKERS NO. 1762-99 MS. GRACE B. DE GUIA Asst. Manager, Disclosure Dept. Philippine Stock Exchange 4th Floor, PSE Centre, Exchange Road Ortigas Center, Pasig City Dear Ms. De Guia : In response to your fax message of even date regarding a new article entitled "US property investor buys into Megaworld", which appeared in the July 16, 1999 issue of the Business World, we wish to confirm that negotiations between the Company and a US property investor are potentially at their advanced stages. We shall inform the PSE of any further developments on the negotiations at the appropriate time. Very truly yours, (SGD.) FRANCISCO C. CANUTO Duly Authorized Signatory

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