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PSE Circular for Brokers No. 2225-98

PSE Circular for Brokers No. 2225-98 • Philippine Stock Exchange • Circulars for Brokers • Sep 25, 1998

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September 25, 1998 PSE CIRCULAR FOR BROKERS NO. 2225-98 September 24, 1998 COMPLIANCE & SURVEILLANCE GROUP PHILIPPINE STOCK EXCHANGE Philippine Stock Exchange Center Ortigas Center, Pasig City Attention: Mr . Ruben L . Almadro VP-Compliance & Surveillance Group Gentlemen : This is in reply to your faxed message on September 24, 1998 concerning the "unusual movement in the trading of AIR PHILIPPINES INTERNATIONAL CORPORATION (AIR) shares ". In this connection, the undersigned is not aware of any matter that is required to be disclosed to the Philippine Stock Exchange (PSE) that could relate to the aforesaid price movement of shares of Air Philippines International Corporation. Likewise, no matter has been taken up in the Board of Air Philippines International Corporation that similarly would be required to be so disclosed. Yours very truly, (SGD.) ATTY. ARTHUR R. PONSARAN Corporate Secretary

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