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PSE Circular for Brokers No. 2996-99

PSE Circular for Brokers No. 2996-99 • Philippine Stock Exchange • Circulars for Brokers • Nov 24, 1999

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November 24, 1999 PSE CIRCULAR FOR BROKERS NO. 2996-99 November 23, 1999 Philippine Stock Exchange, Inc. Philippine Stock Exchange Centre Exchange Road, Ortigas Center Pasig City, Metro Manila Attention: Atty . Ruben L . Almadro Vice President Compliance and Surveillance Group Gentlemen: We refer to your letter of November 23, 1999 requiring us to furnish the Exchange with any information relating to the unusual movement in the trading of our shares today. prcd As disclosed by the Company to the Exchange on November 19, 1999, the Board of Directors approved the declaration of a dividend of Php18.00 per share to stockholders of record as of December 1, 1999, payable on December 17, 1999. Except for this corporate action, we are unaware of any information that would have affected the value and trading of our shares today. Very truly yours, JARDINE DAVIES, INC. By: (SGD.) BI YONG CHUNGUNCO Senior Vice President

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