PSE Circular for Brokers No. 2374-98

October 16, 1998 PSE CIRCULAR FOR BROKERS NO. 2374-98 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-1(b)(3) THEREUNDER 1. October 14, 1998 Date of Report (Date of earliest event reported) 2. SEC Identification Number 18428 3. BIR TAX Identification No. 320-000531-046 4. PLANTERS DEVELOPMENT BANK Exact name of registrant as specified in its charter 5. Philippines Province, country or other jurisdiction of incorporation 6. [ ] (SEC Use Only) Industry Classification Code: 7. Planters bank Bldg., 314 Sen. Gil J. Puyat Avenue, Makati City Address of principal office Postal Code 8. Tel. No (02) 812-1091 to 97, 813-7039 to 42 and 812-9221 to 22 Registrant's telephone number, including area code 9. N/A Former name or former address, if changed since last report 10. Securities registered pursuant to Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding Class "C" Preferred Shares 10,000,000 11. Indicate the item numbers reported herein: Item 9 Item 9 Postponement of Stockholders Meeting Please be informed that Planters Development Bank is postponing its Stockholders Meeting originally scheduled on October 28, 1998. LLjur PLANTERS DEVELOPMENT BANK (Registrant) By: (SGD.) RONALD A. POLIDO Corporate Secretary