PSE Circular for Brokers No. 2029-98

September 1, 1998 PSE CIRCULAR FOR BROKERS NO. 2029-98 SECURITIES AND EXCHANGE COMMISSION SEC FORM-11C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-(b) THEREUNDER 1. September 1, 1998 Date of Report (Date of earliest event reported) 2. SEC Identification Number 17514 3. BIR TIN 320-000-599-760 4. RIZAL COMMERCIAL BANKING CORPORATION Exact name of registrant as specified in its charter 5. Philippines Province, country or other jurisdiction of incorporation 6. (Sec Use only) Industry Classification Code 7. 333 Sen. Gil J. Puyat Ave., Makati City 0727 Address of principal office Postal Code 8. 894-9000 Registrant's telephone number, including area code 9. Not Applicable Former name or former address, if changed since last report 10. Securities registered pursuant to Sections 4 and 8 of the RSA Number of Shares of Common Stock Title of Each Class Outstanding and Amt. of Debt O/S Common Stock, P10.00 par value 432,964,018(as of 9/01/98) 11. Indicate the item numbers reported herein: Item 9 Item 9. Other Events RCBC Board of Directors has approved the (a) issuance of P2.0 Billion preferred shares divided into 200 million preferred shares with a par value of P10.00 per share in four series, redeemable from date of issue, and (b) corresponding amendment of Article Seventh of the Bank's Articles of Incorporation to allow the issuance of said preferred shares, subject to final approval by the Bank's Stockholders on October 23, 1998, and approval by Bangko Sentral ng Pilipinas SIGNATURES Pursuant to the requirements of the Revised Securities Act, the registrant has duly caused this report to the signed on its behalf by the undersigned hereunto duly authorized. llcd RIZAL COMMERCIAL BANKING CORP. Registrant (SGD.) MERLYN E. DUEAS Vice-President Head-Legal Department