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PSE Circular for Brokers No. 2578-98

PSE Circular for Brokers No. 2578-98 • Philippine Stock Exchange • Circulars for Brokers • Nov 12, 1998

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November 12, 1998 PSE CIRCULAR FOR BROKERS NO. 2578-98 12 November 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 November 12, 1998 requesting confirmation or clarification of the news article published in today's issue of The Business World that "first Pacific Co. Ltd. has finally concluded its purchase of a majority stake in PLDT" and "that PLDT Chairman Antonio "Tonyboy" Cojuangco will announce its resignation effective today, paving the way for the entry of a new management for PLDT." LexLib Please be advised that we have no official knowledge or information to confirm or deny the said reports. Thank you. Very truly yours, (SGD.) ENRIQUE D. PEREZ Secretary

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