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Alliance Global, Inc.Release of Lock-Up

PSE Circular for Brokers No. 2650-99 • Philippine Stock Exchange • Circulars for Brokers • Oct 15, 1999

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October 15, 1999 PSE CIRCULAR FOR BROKERS NO. 2650-99 SUBJECT : Alliance Global, Inc. Release of Lock-Up EXECUTIVE SUMMARY Please be informed that the Exchange has authorized the release of 248,100,000 common shares of ALLIANCE GLOBAL, INC . (" the Company ") held in escrow effective October 16, 1999, pursuant to the lock -up provision under Section 17, Article VI, Book III - Listings & Disclosure Rules. In view thereof, the 248,100,000 common shares previously locked-up shall be traded on the Exchange commencing on Monday, October 18,1999 . For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President and CEO

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