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PSE Circular for Brokers No. 284-99

PSE Circular for Brokers No. 284-99 • Philippine Stock Exchange • Circulars for Brokers • Feb 16, 1999

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February 16, 1999 PSE CIRCULAR FOR BROKERS NO. 284-99 February 15, 1999 PHILIPPINE STOCK EXCHANGE Disclosure Department Listings and Disclosure Group PSE Center, Exchange Road Pasig City Attention: Mr . Jose Emilio B . Jamir Gentlemen : In a formal ceremony at 3:00 p.m. today at its corporate headquarters, RFM Corporation and Selecta Dairy Products, Inc. executed with Unilever Philippines, Inc. and Unilever N. V., a Share Purchase Agreement. Under the agreement, Selecta will hive down its ice cream assets to a joint venture company with Unilever Philippines, Inc. The Joint Venture Company will engage in the business of manufacture, sale and distribution of ice cream desserts, ice cream novelties, fruit juices and dairy products. Thank you. Very truly yours, (SGD.)ATTY. CRISTINA D. REYES Asst . Corporate Secretary

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