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Philippine Long Distance Telephone Company

PSE Circular for Brokers No. 2466-99 • Philippine Stock Exchange • Circulars for Brokers • Sep 30, 1999

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September 30, 1999 PSE CIRCULAR FOR BROKERS NO. 2466-99 SUBJECT : Philippine Long Distance Telephone Company Further to Circular No. 2437-99 dated September 28, 1999 relative to Philippine Long Distance Telephone Company's ("TEL") acquisition of Smart Communications, Inc. ("Smart"), TEL furnished the Exchange a copy of the Corporate Background and the audited financial statements of Smart for the year ended December 31, 1998. LibLex A copy of the aforementioned document is available for reference at the PSE Centre and PSE-Plaza Libraries. In view thereof, the suspension of trading of TEL shares is hereby lifted today, September 30, 1999 due to its compliance with the Exchange's Disclosure Rules. For your information. cdlex (SGD.) JOSE LUIS U. YULO, JR. President and CEO

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