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Metro Alliance Holdings & Equities Corp. (Formerly Marsman & Company, Inc.)

PSE Circular for Brokers No. 3059-99 • Philippine Stock Exchange • Circulars for Brokers • Dec 1, 1999

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December 1, 1999 PSE CIRCULAR FOR BROKERS NO. 3059-99 November 29, 1999 PHILIPPINE STOCK EXCHANGE Philippine Stock Exchange Centre Exchange Road, Ortigas Center City of Pasig Attention: Atty. Ruben Almadro VP-Compliance & Surveillance Gentlemen/Madam: RE : Metro Alliance Holdings & Equities Corp. (formerly Marsman & Company, Inc.) Reference is your letter dated November 29, 1999 concerning the stated "unusual movement in the trading" of the above-mentioned corporation's Class B shares. In relation thereto, please be informed that the corporation is not aware of any information that relates to said "unusual movement in trading". Please note that trading of said share was not halted, as the volume for shares sold at the indicated "unusual" share price was rather thin, and a substantial portion of the shares traded were at a lower price. Truly yours, (SGD.) AVELINO M. SEBASTIAN, JR. Corporate Secretary METRO ALLIANCE HOLDINGS & EQUITIES CORP.

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