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PSE Circular for Brokers No. 2132-99

PSE Circular for Brokers No. 2132-99 • Philippine Stock Exchange • Circulars for Brokers • Aug 26, 1999

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August 26, 1999 PSE CIRCULAR FOR BROKERS NO. 2132-99 August 25, 1999 PHILIPPINE STOCK EXCHANGE, INC . PSE Center, Exchange Road Ortigas Center Pasig City Attention: Ms . Luisa Buenaventura Supervisor, Disclosure Department Gentlemen : We are pleased to report that Fil-Estate Properties Inc., a wholly-owned subsidiary of Fil-Estate Land, Inc. (LND), entered into a Land Development Agreement with Mr. Andrew O. Nocon for the development into a low-cost residential subdivision of several parcels of land, with an aggregate area of 9.8652 hectares, more or less, located in the vicinity of Barangay Biclatan, Gen. Trias, Cavite. Sincerely, (SGD.) ROBERTO S. ROCO Senior Vice President and Chief Financial Officer

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