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PSE Circular for Brokers No. 1821-98

PSE Circular for Brokers No. 1821-98 • Philippine Stock Exchange • Circulars for Brokers • Aug 4, 1998

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August 4, 1998 PSE CIRCULAR FOR BROKERS NO. 1821-98 August 3, 1998 Philippine Stock Exchange, Inc. Disclosure Department Listings and Disclosure Group 4th Floor, Philippine Stock Exchange Center Exchange Road, Ortigas Center Pasig City Attention: Mr . Reynol P . Ong Vice President Gentlemen : We refer to your letter-request for clarification in connection with the news article captioned "British firm eyes stake in SMC's packaging unit" published in the July 30, 1998 issue of The Manila Times. cdpr We confirm that Rightpak International Corporation has been in discussion with a foreign entity to explore the possibility of an alliance. No definite agreements have been reached. For your information. Thank you and best regards. Very truly yours, SAN MIGUEL CORPORATION By: (SGD.) FRANCIS H. JARDELEZA Senior Vice President, General Counsel and Assistant Corporate Secretary

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