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Philippine Long Distance Telephone Company

PSE Circular for Brokers No. 2817-99 • Philippine Stock Exchange • Circulars for Brokers • Nov 4, 1999

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November 4, 1999 PSE CIRCULAR FOR BROKERS NO. 2817-99 SUBJECT : Philippine Long Distance Telephone Company Philippine Long Distance Telephone Company ("TEL") advised the Exchange that its Board of Directors, in a meeting held on November 3, 1999, approved the creation of 30,000,000 shares of Series AA 10% Cumulative Convertible Preferred Stock. cdlex The terms and conditions of the Series AA 10% Cumulative Preferred Stock is available for reference at the PSE Centre and PSE-Plaza Libraries. For your information. (SGD.) MARIA ISABEL T. GARCIA OIC, Listings and Disclosure Group

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