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PSE Circular for Brokers No. 3162-99

PSE Circular for Brokers No. 3162-99 • Philippine Stock Exchange • Circulars for Brokers • Dec 10, 1999

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December 10, 1999 PSE CIRCULAR FOR BROKERS NO. 3162-99 December 7, 1999 Philippine Stock Exchange Disclosure Department 4th Flr., PSE Centre Exchange Road, Ortigas Center Pasig City Attention: Ma . Luisa Buenaventura Disclosure Department Dear Ms. Buenaventura, Please be informed that PNOC EC's Board of Directors, in its regular meeting held on December 7, 1999, has approved the conversions of loan drawdowns from Philippine National Oil Company (PNOC) in the amount of Seventy Four Million Pesos (P74,000,000.00) into equity in PNOC EC in favor of PNOC. prcd Thank You. cdll Very truly yours, (SGD.) ELPIDIO M. GAMBOA, JR. Corporate Secretary

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