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October 11, 1999PSE CIRCULAR FOR BROKERS NO. 2581-99October 8, 1999

PSE Circular for Brokers No. 2581-99 • Philippine Stock Exchange • Circulars for Brokers • Oct 11, 1999

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October 11, 1999 PSE CIRCULAR FOR BROKERS NO. 2581-99 October 8, 1999 PHILIPPINE STOCK EXCHANGE Philippine Stock Exchange Center Exchange Road, Ortigas Center Pasig City, Metro Manila Attention: Atty . Ruben L . Almadro Vice President-Compliance and Surveillance Group Gentlemen: In response to your query concerning the unusual movement of the share price of Atlas Fertilizer Corporation (the "Corporation") shares during the trading hours on 8 October 1999, we advise that aside from previous disclosures made the Corporation is unaware of any information that may affect the value and trading of its securities. cdll Very truly yours, (SGD.) EDELINE G. RAMOS Corporate Secretary

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