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Matters discussed at the Organizational Meeting of the Board of Directors of Liberty Telecoms Holdings, Inc.

PSE Circular for Brokers No. 2008-98 • Philippine Stock Exchange • Circulars for Brokers • Aug 31, 1998

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August 31, 1998 PSE CIRCULAR FOR BROKERS NO. 2008-98 August 28, 1998 PHILIPPINE STOCK EXCHANGE, INC. PSE Center, Pasig City Metro Manila Attention: Mr . Reynold P . Ong Vice President, Listing and Disclosure Group SUBJECT : Matters discussed at the Organizational Meeting of the Board of Directors of Liberty Telecoms Holdings, Inc . Gentlemen : In compliance with the reportorial requirements of the Philippine Stock Exchange, Inc., please be advised that at the Organizational Meeting of the Board of Directors held on August 28, 1998, at which meeting a quorum was present and acting throughout. At the Organizational Meeting of the Board of Directors, the following officers were elected for the year 1998-1999: dctai Raymond M. Moreno Chairman/President Consuelo P. Madrigal Vice-Chairman Rene Jose S. Domingo Executive Vice President Edgardo B. Quiogue Senior Vice President and Treasurer Edgar B. Francisco Corporate Secretary We trust you will find the foregoing in order. Very truly yours, LIBERTY TELECOMS HOLDINGS, INC. By: (SGD.) EDGAR B. FRANCISCO Corporate Secretary

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