Statement of Beneficial Ownership

December 16, 1998 PSE CIRCULAR FOR BROKERS NO. 2768-98 SUBJECT : Statement of Beneficial Ownership The following listed companies furnished the Exchange copies of SEC Form 36-A (Initial Statement of Beneficial Ownership of Securities) as of November, 1998: 1. Alaska Milk Corporation 2. Allied Banking Corporation 3. Asia Amalgamated Holdings Corporation 4. Bacnotan Cement Corporation 5. Basic Petroleum and Minerals, Inc. 6. Phil. Long Distance Telephone Company 7. Security Bank Corporation The following companies furnished the Exchange copies of SEC Form 36-B (Statement of Changes in Beneficial Ownership of Securities) as of November, 1998: 1. A. Brown Company, Inc. 2. Alsons Cement Corporation 3. Banco Filipino Savings and Mortgage Bank 4. Benpres Holdings Corporation 5. C&P Homes, Inc. 6. Centro Escolar University 7. Cosmos Bottling Corporation 8. Digital Telecommunications, Inc. 9. DMCI Holdings, Inc. 10. DMCI Project Developers, Inc. 11. Easy Call Communications, Inc. 12. Empire East Land Holdings, Inc. 13. Euro-Med Laboratories Phils., Inc. 14. First Phil. Holdings Corporation 15. Grand Plaza Hotel Corporation 16. Keppel Phils. Properties, Inc. 17. Mabuhay Vinyl Corporation 18. Megaworld Properties & Holdings, Inc. 19. Metropolitan Bank & Trust Company 20. Pacific Cement Company 21. PDCP Development Bank, Inc. 22. Phil. Long Distance Telephone Company 23. Philippine Trust Company 24. Prime Gaming Phils., Inc. 25. Prudential Bank 26. RFM Corporation (Common) 27. Selecta Dairy Products, Inc. 28. SM Prime Holdings, Inc. 29. Swift Foods, Inc. 30. Universal Rightfield Property Holdings, Inc. cd Copies of said documents are available for reference at the PSE Library. For your information. (SGD.) JOSE LUIS U. YULO, JR. President & CEO