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PSE Circular for Brokers No. 3282-99

PSE Circular for Brokers No. 3282-99 • Philippine Stock Exchange • Circulars for Brokers • Dec 24, 1999

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December 24, 1999 PSE CIRCULAR FOR BROKERS NO. 3282-99 December 23, 1999 Disclosure Department Listings & Disclosure Group PSE Center, Exchange Road Ortigas Center, Pasig City, MM Attention: Ms . Ma . Isabel T . Garcia Listings and Disclosure Group Gentlemen: Please be informed that our subsidiary, BPI Capital Corporation, has today sold its shareholdings in the Bank of the Philippine Islands (BPI), equivalent to about 12% of the total outstanding capital stock of BPI, to the Development Bank of Singapore, Inc. The sale was effected through the Stock Exchange. Thank you. cdlex Very truly yours, (SGD.) CARLOS B. AQUINO Vice President and Corporate Secretary

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