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PSE Circular for Brokers No. 2116-98

PSE Circular for Brokers No. 2116-98 • Philippine Stock Exchange • Circulars for Brokers • Sep 10, 1998

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September 10, 1998 PSE CIRCULAR FOR BROKERS NO. 2116-98 LISTINGS AND DISCLOSURE GROUP Philippine Stock Exchange 4/F Philippine Stock Exchange Center PSE Center, Exchange Road Ortigas Center, Pasig City Attention: Mr . Reynold P . Ong Vice President Gentlemen : We refer to your letter dated 10 September 1998 (which we received by fax this morning) regarding the news article captioned "Guoco selling stake in Pepsi" published in the 10 September 1998 issue of Malaya. In your fax-letter, you sought clarification/verification of said news article covering Pepsi-Cola Products Philippines, Inc. (Pepsi) and any information which our office may have of said news report. LLjur Please be informed that the Company has not met with San Miguel Corp. Chairman Eduardo Cojuangco, Jr. nor with Philippine Airlines' Chairman Lucio Tan. However, we confirm that the Company has made presentations to institutional investors covering a minority stake in Pepsi, to beef up its capital. We trust we have sufficiently clarified the above matters. Best regards. Very truly yours, (SGD.) ATTY. DAISY L. PARKER Corporate Secretary

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