PSE Circular for Brokers No. 259-00

February 4, 2000 PSE CIRCULAR FOR BROKERS NO. 259-00 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. 03 February 2000 (Date of earliest event reported) 2. SEC Identification Number 163671 3. BIR Tax Identification No. 320-000-804-342 4 GUOCO HOLDINGS (PHILIPPINES), INC. Exact name of registrant as specified in its charter 5. Metro Manila Philippines 6. (SEC Use Only) 7. 17/F, BA-Lepanto Building, 8747 Paseo de Roxas, Makati City Address of Registrant's Principal Office 8. (632) 887-8700/1 Registrant's Telephone Number, including area code 9. Securities registered pursuant to Sections 4 and 8 of the RSA (As of 31 December 1999) Title of Ech Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding Common Shares 2,366,444,383 Preferred Shares 0 Loans Payable P5.78 billion 10. Indicate the item numbers reported herein: Items 6 and 9 In compliance with the Disclosure Rules of the Securities & Exchange Commission, we wish to inform you that at the special meeting of the Board of Directors of Guoco Holdings (Philippines), Inc. (the "Corporation") held today, 03 February 2000, approved the increase in the authorized capital stock of the Corporation from P2.4 billion (divided into 2.4 billion Common Shares, with par value of P1.00 per share) to up to 7.5 billion (divided into such number of Common Shares and/or Preferred Shares, as may be determined by the Board of Directors), under such terms and conditions as may be determined by the Directors of the Corporation. The Board resolved to submit said resolution for approval of the stockholders at the Corporation's Annual Stockholders' Meeting set on 24 February 2000. Pursuant to the requirements of the Revised Securities Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. cdll GUOCO HOLDINGS PHILIPPINES, INC. By: (SGD.) DAISY L. PARKER Corporate Secretary