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

August 18, 1999 PSE CIRCULAR FOR BROKERS NO. 2057-99 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. August 17, 1999 Date of Report (Date of earliest event Reported) 2. SEC Identification Number: 5223 3. BIR Tax Identification No. 230-000-453-086 4. EQUITABLE BANKING CORPORATION (EBC) Exact name of registrant as specified in its charter 5. Metro Manila Province, country or other jurisdiction of incorporation 6. (SEC Use Only) Industry Classification Code 7. 262 Juan Luna Street, Binondo, Manila 1006 Address of principal office Postal Code 8. (632) 242-7101 Registrant's telephone number, including area code 9. Not applicable Former name or former address, if change 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 Common Shares 364,385,500 11. Indicate the item numbers reported herein: Item 9 In the regular meeting of the Board of Directors of EBC held on August 17, 1999, the Board of Directors approved the declaration of cash dividend at the rate of Php 0.30 per share payable on or before October 15, 1999 to all stockholders of record as of August 31, 1999. LLjur SIGNATURES Pursuant to the requirements of the Revised Securities Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EQUITABLE BANKING CORPORATION Registrant By: (SGD.) ELMER B. SERRANO Officer-In-Charge Corporate Information Office CASH DIVIDEND CASH P0.30 PER SHARE EX-CASH 36,397.00 RECORD DATE AUGUST 31, 1999 DATE PAYABLE ON OR BEFORE OCTOBER 15, 1999