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PSE Circular for Brokers No. 3261-99

PSE Circular for Brokers No. 3261-99 • Philippine Stock Exchange • Circulars for Brokers • Dec 22, 1999

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December 22, 1999 PSE CIRCULAR FOR BROKERS NO. 3261-99 21 December 1999 ATTY. RUBEN L. ALMADRO VP Compliance & Surveillance Group Philippine Stock Exchange, Inc. PSE Centre, Exchange Road Ortigas Center, Pasig City Dear Atty. Almadro: This refers to your letter dated 21 December 1999 requesting us to furnish the Philippine Stock Exchange (the "Exchange") with any information relating to the unusual movement in the trading of Lorenzo Shipping Corporation ("LSC") shares today, 21 December 1999, since the price decreased from P0.4500 to P0.2700 per share. Please be advised that we are unaware of any information that contributed to the unusual movement in the share price of LSC. Very truly yours, LORENZO SHIPPING CORPORATION By: (SGD.) ARSENIO C. CABRERA, JR. Corporate Information Officer

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