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PSE Circular for Brokers No. 2104-99

PSE Circular for Brokers No. 2104-99 • Philippine Stock Exchange • Circulars for Brokers • Aug 24, 1999

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August 24, 1999 PSE CIRCULAR FOR BROKERS NO. 2104-99 August 24, 1999 GRACE B. DE GUIA Asst. Manager, Disclosure Department Philippine Stock Exchange Phil. Stock Exchange Center Pasig City Dear Ms. De Guia : We refer to your fax letter today, August 24, 1999, regarding the news article appearing on the Philippine Daily Inquirer captioned "El Shaddai wants to buy Uniwide." As we have earlier disclosed, the Uniwide Group is talking with several investors, the identity of whom cannot yet be disclosed at present in adherence to our confidentiality agreement with them. Negotiations with these different investors are at various stages. The article regarding the alleged infusion of funds of El Shaddai to the Uniwide Group is, therefore, without basis. We trust you will find the above compliance with your requirements. Very truly yours, (SGD.) JEAN I. JAVIER Investor Relations Officer

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