PSE Circular for Brokers No. 1804-99

July 21, 1999 PSE CIRCULAR FOR BROKERS NO. 1804-99 July 20, 1999 ATTY. RUBEN L. ALMADRO VP-Compliance & Surveillance Group Philippine Stock Exchange, Inc. PSE Centre, Exchange Road Ortigas Center, Pasig City Dear Atty. Almadro : This is to acknowledge receipt today of a Fax message from your office regarding the trading of BF Shares. dctai We wish to inform that the Bank has no knowledge presently of any material information which could affect the value/price of its shares in the Exchange. However, the ruling of the Supreme Court on the Bank's damage suit against the Central Bank of the Philippines which was published in yesterday's newspapers may have caused the increase in the price of its shares from P101.00 to P151.00 per share. Attached is a copy of the said Supreme Court ruling. Thank you. aisadc Very truly yours, (SGD.) ATTY. FRANCISCO A. RIVERA Corporate Secretary SECOND DIVISION Gentlemen : Quoted hereunder, for your information, is a resolution of this Court dated June 16, 1999. G.R. No. 136413 (The Monetary Board, The Central Bank of the Philippines [Central Bank Board of Liquidators] vs. Banco Filipino Savings and Mortgage Bank, et al.). Acting on the motion of petitioners for reconsideration of the resolution of 17 February 1999 denying the petition for review on certiorari for their failure to submit a certification against forum shopping complete with an undertaking to inform this Court of the filing and pendency of similar actions before this Court, the Court of Appeals, or in the different divisions thereof, or any other tribunal or agency within five (5) days from knowledge thereof, the Court RESOLVES to DENY the same with FINALITY, no compelling reason having been adduced to warrant the reconsideration sought. dctai The opposition of respondent to aforesaid motion for reconsideration and petitioners reply thereto are NOTED. Very truly yours, (SGD.) TOMASITA M. DRIS Clerk of Court Second Division By: (SGD.) LUDICHI YASAY-NUNAG Asst . Div . Clerk of Court JUDGMENT DIVISION Supreme Court, Manila COURT OF APPEALS MANILA 1600 SP-45762 The Solicitor General 134 Amorsolo Street Legaspi Village 1229 Makati City ATTY. FILEMON L. FERNANDEZ & FRANCISCO RIVERA Counsel for Respondent Banco Filipino Savings 101 Paseo de Roxas 1226 Makati City BALANE TAMASE ALAMPAY LAW OFFICE Counsel for Central Bank Board of Liquidators By: Atty. Pacifico Rolando F. Tacub, Jr. 12/F, PDCP Bank Centre Alfaro-Herrera Sts., Salcedo Village 1227 Makati City POBLADOR BAUTISTA & REYES Counsel for Respondent Banco Filipino 5/F SECCO I Bldg., Legaspi- Rada Sts., Legaspi Village 1229 Makati City SYCIP SALAZAR FELICIANO & HERNANDEZ Counsel for Individual Respondents 4/F PAIC Bldg., 105 Paseo de Roxas Legaspi Village 1229 Makati City THE PRESIDING JUDGE RTC, BR. 136, Justice Hall 1200 Makati City CIVIL CASE NO. 8108