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Article Entitled "Gokongwei Group Eyes PBCom After Bid to Buy AsianBank Fails" in the December 8, 1999 Issue of the Business World

PSE Circular for Brokers No. 3134-99 • Philippine Stock Exchange • Circulars for Brokers • Dec 8, 1999

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December 8, 1999 PSE CIRCULAR FOR BROKERS NO. 3134-99 LISTINGS AND DISCLOSURE GROUP PHILIPPINE STOCK EXCHANGE, INC. Tektite Towers, Exchange Road Ortigas Center, Pasig City Attention: Ms . Luisa W . Buenaventura Supervisor, Corporate Disclosure Department Gentlemen: RE : Article entitled "Gokongwei group eyes PBCom after bid to buy AsianBank fails" in the December 8, 1999 issue of the Business World This is in reference to the above-captioned article and to your letter of even date seeking clarification regarding the said news article. We wish to advise that we are not into merger or acquisition talks with the Gokongwei group. LexLib We trust that the foregoing sufficiently clarifies the above-captioned matter. Thank you. Very truly yours, (SGD.) MAURICE C. NUBLA Corporate Secretary

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