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PSE Circular for Brokers No. 2356-98

PSE Circular for Brokers No. 2356-98 • Philippine Stock Exchange • Circulars for Brokers • Oct 14, 1998

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October 14, 1998 PSE CIRCULAR FOR BROKERS NO. 2356-98 October 13, 1998 Philippine Stock Exchange PSE Center, Exchange Road Ortigas Center, Pasig City Attention: Disclosure Department Listing and Disclosure Group Gentlemen : We reply to your letter of October 12, 1998 requesting confirmation or clarification of the news article published in the October 12, 1998 issue of The Manila Times that "the Capital Group of Companies, the biggest foreign shareholders of PLDT, is opposing the shareholders rights plan proposed by PLDT President and CEO Antonio O. Cojuangco." Please Be advised that we are in no position to confirm the report as we have not received or been furnished as of this writing a copy of the letter referred to in the article. aisadc We hope the foregoing satisfactorily meets your requirements on the matter. Thank you. Very truly yours, PHILIPPINE LONG DISTANCE TELEPHONE COMPANY (SGD.) ENRIQUE D. PEREZ Secretary

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