PSE Circular for Brokers No. 1899-99

July 30, 1999 PSE CIRCULAR FOR BROKERS NO. 1899-99 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-1(b)(3) THEREUNDER 1. July 29, 1999 Date of Report (Date of earliest event reported) 2. SEC Identification Number 19073 3. BIR Tax Identification No.: 350-000-288-698 4. FIRST PHILIPPINE HOLDINGS CORPORATION Exact name of registrant as specified in its charter 5. N/A Province, country or other jurisdiction of incorporation 6. [ ] (SEC Use Only) Industry Classification Code 7. 6th Floor, Benpres Building, Meralco Avenue cor. Exchange Road, Pasig City 1600 Address of principal office Postal Code 8. 2-631-8024 to 30 Registrant's telephone number, including area code 9. N/A Former name or former address, if changed since last report 10. Securities registered pursuant to Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding Class "A" Common Shares 295,779,592 shares Class "B" Common Shares 153,035,117 shares Total 448,814,709 shares Long Term Commercial Paper (LTCP) P2,000,000,000 11. Indicate the item numbers reported herein: Item No. 4 Item 4 The Board of Directors approved today the declassification of its Class "A" common stock and Class "B" common stock and the amendment of Article SEVENTH of the Articles of Incorporation. This matter shall be submitted. to the stockholders for their ratification and approval. prcd FIRST PHILIPPINE HOLDINGS CORPORATION By: (SGD.) ERNESTO B. RUFINO, JR. Corporate Information Officer