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PSE Circular for Brokers No. 2659-99

PSE Circular for Brokers No. 2659-99 • Philippine Stock Exchange • Circulars for Brokers • Oct 18, 1999

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October 18, 1999 PSE CIRCULAR FOR BROKERS NO. 2659-99 October 15, 1999 DISCLOSURE DEPARTMENT Philippine Stock Exchange Centre 4th Floor PSE Centre, Exchange Road Ortigas Center, Pasig City Attention: Atty. Ruben L. Almadro VP-Compliance & Surveillance Group RE : Armstrong Holdings Incorporated Gentlemen: This refers to your fax letter asking for an explanation on the unusual movement in the trading today, October 15, 1999, of the shares of stocks Armstrong Holdings, Inc. (the Company or AHI). We have no knowledge of any information that caused the unusual movement of AHI's shares today and we are of the opinion that it is the market forces that are influencing the share price of the Company. Very truly yours, (SGD.) CHRISTINE P. BASE Assistant Corporate Secretary

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