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PSE Circular for Brokers No. 2911-99

PSE Circular for Brokers No. 2911-99 • Philippine Stock Exchange • Circulars for Brokers • Nov 16, 1999

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November 16, 1999 PSE CIRCULAR FOR BROKERS NO. 2911-99 November 15, 1999 The Philippine Stock Exchange Listing and Disclosure Group 4/F, Philippine Stock Exchange Centre Exchange Road, Ortigas Center Pasig City Attention: Ms . Grace B . de Guia Disclosure Department Ladies and Gentlemen: We refer to Press Release entitled "PLDT Reports Increased Subscriber Base, Improved Third Quarter Profits and Stronger Cash Flow" which we filed this morning. We wish to correct the amount of net cash from operating activities for the first nine months in 1998 stated in the second line of the fifth paragraph. The amount should be P8.2 billion and not P9.1 billion Thus, this line should read as follows: LibLex ". . . Net cash from operating activities for the first nine months of the current year rose 63% to P13.4 billion versus P8.2 billion last year." Thank you. LibLex Very truly yours, (SGD.) MA. LOURDES C. RAUSA-CHAN Corporate Secretary

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