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PSE Circular for Brokers No. 2302-98

PSE Circular for Brokers No. 2302-98 • Philippine Stock Exchange • Circulars for Brokers • Oct 5, 1998

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October 5, 1998 PSE CIRCULAR FOR BROKERS NO. 2302-98 October 02, 1998 PHILIPPINE STOCK EXCHANGE, INC . Philippine Stock Exchange Centre Exchange Road, Ortigas Center Pasig City, Metro Manila Attention: Mr . Ruben L . Almadro VP, Compliance & Surveillance Group Gentlemen : In connection with your letter of 1 October 1998 which we received on 2 October 1998 regarding the unusual drop in the price of Cebu Shipyard & Engineering Works, Inc. (CSE) shares, please be advised that we are not aware of any new material information which could affect the unusual movement of the shares. aisadc Very truly yours, (SGD.) MA. MELVA E. VALDEZ Asst . Corporate Secretary

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