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Pilipino Telephone Corporation

PSE Circular for Brokers No. 2111-98 • Philippine Stock Exchange • Circulars for Brokers • Sep 10, 1998

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September 10, 1998 PSE CIRCULAR FOR BROKERS NO. 2111-98 SUBJECT : Pilipino Telephone Corporation Pilipino Telephone Corporation ("PLTL") clarified to the Exchange a news article published in the September 9, 1998 issue of Today which reported of Metro Pacific Corporation's ("MPC") possible merger with PLTL. prLL PLTL, in a letter of even date, explained that: ". . . no talks were initiated with Metro Pacific Corporation for a possible merger." For your information. (SGD.) REYNOLD P. ONG Vice-President, Listings and Disclosure Group

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