PSE Circular for Brokers No. 2259-98

September 29, 1998 PSE CIRCULAR FOR BROKERS NO. 2259-98 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE II (A)-1(B)(3)THEREUNDER 1. Date of Report (Date of earliest event reported): Sept. 28, 1998 2. SEC identification Number 21817 3. BIR Tax Identification Number 321-000-530-631 4. PHILIPPINE TELEGRAPH & TELEPHONE CORPORATION (PT&T) Exact name of registrant as specified in its charter 5. PHILIPPINES Province, country or other justification of Incorporation 6. [ ] (SEC Use only) Industry Classification Code: 7. SCC, 106 C. Palanca St. Legaspi Village, Makati City Address of Principal Office Postal Code 8. 818-05-11 to 25 Registrants telephone number, including area code 9. NOT APPLICABLE Former Name or former address, if change since last report 10. Securities registered pursuant to Sections 4 and 8 of the RSA Numbers of Shares of Common Stock Title of Each Class Outstanding and Amount of Debt Outstanding Common Stock P1.00 par value 799,998,728 Total Debt as of June 30, 1998 (interim-Unaudited) P6,846,388.00 Item 9 Other Events The Annual Meeting of Stockholders of Philippine Telegraph and Telephone Corporation (PT&T) will be held at Ballroom I, Ground Floor, Dusit Hotel Nikko, Ayala Center 1223 Makati City on Friday, October 30, 1998 at 3:00 P.M. The order of business will be as follows: 1. Call to order; 2. Proof of notice and due calling of the meeting; Determination of quorum; 3. Confirmation of minutes of the annual stockholders' meeting held on October 31, 1997; 4. Presentation of the Annual Report and Report of the President; 5. Presentation and ratification of the acts of the Board of Directors and the Management; 6. Election of the members of the Board of Directors; 7. Other matters; 8. Adjournment The Board of Directors at its meeting held on September 25, 1998 set the record date for determining the stockholders entitled to notice of the meeting and to vote at the election is the close of the business hours of October 23, 1998. LLpr SIGNATURES Pursuant to the requirements of the Revised Securities Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PHILIPPINE TELEGRAPH AND TELEPHONE CORPORATION Registrant By: (SGD.) LUCIE QUIDATO-BANTOLINO SVP-Asst . Corporate Secretary