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PSE Circular for Brokers No. 1792-99

PSE Circular for Brokers No. 1792-99 • Philippine Stock Exchange • Circulars for Brokers • Jul 20, 1999

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July 20, 1999 PSE CIRCULAR FOR BROKERS NO. 1792-99 Philippine Stock Exchange PSE Center, Exchange Road Ortigas Center, Pasig City Attention: Ms . Grace B . de Guia Assistant Manager Gentlemen : In reference to your facsimile dated July 20, 1999, regarding the news item in the Philippine Star entitled "FEBTC may merge with Banco de Oro", please be informed that while the Bank is studying the possibility of merger and acquisition, there are no official talks of merger with Banco de Oro or any of the banks mentioned in the news item. LLjur Thank you. Very truly yours, (SGD.) ANGELITA L. ORTEGA-CORTEZ First Vice President and Corporate Secretary

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