Current Report under Section 11 of the Revised Securities Act (RSA) and RSA Rule 11(a)-1(b)(3) Thereunder

November 3, 1999 PSE CIRCULAR FOR BROKERS NO. 2796-99 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. October 29, 1999 Date of Report (Date of earliest event reported) 2. SEC Identification Number 17514 3. BIR TIN 320-000-599-760 4. RIZAL COMMERCIAL BANKING CORPORATION Exact name of registrant as specified in its charter 5. Philippines Province, country or other 6. (SEC Use Only) Industry Classification Code: jurisdiction of incorporation 7. 333 Sen. Gil J. Puyat Ave., Makati City 0727 Address of principal office Postal Code 8. 894-9000 Registrant's telephone number, including area code 9. Not Applicable Former name or former address, if changed since last report. 10. Securities registered pursuant to Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amt. of Debt O/S Common shares, P 10.00 par value 432,964,018 (as of 10/29/99) 11. Indicate the item numbers reported herein: Item 2 Item 2 . Acquisition or Disposition of Assets . Rizal Commercial Banking Corporation, together with House of Investments, Inc., submitted a bid to acquire the retailing division of Uniwide Group, Uniwide Sales Warehouse Club, Inc. (USWCI). SIGNATURES 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. Very truly yours, RIZAL COMMERCIAL BANKING CORP. Registrant (SGD.) CESAR A. RUBIO Executive Vice-President Corporate Information Officer