PSE Circular for Brokers No. 357-99

February 26, 1999 PSE CIRCULAR FOR BROKERS NO. 357-99 February 26, 1999 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-1(b)(3) THEREUNDER 1. February 22, 1999 Date of Report (Date of earliest event reported) 2. SEC Identification Number 5830 3. BIR Tax Identification No. 000488574 4. The Philippine Banking Corporation (Philbank) Exact name of registrant as specified in its charter 5. Manila, Philippine Province, country or other jurisdiction of incorporation 6. (SEC Use Only) Industry Classification Code 7. 6778 Ayala Avenue, Makati City 1226 Address of principal office Postal Code 8. 817-67;817-09-01 loc. 314 9. Not Applicable Former Address, if changed since last report 10. Securities registered pursuant to Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding common stock 28,726,132 11. Indicate the item numbers reported herein: Notice of Annual Stockholders Meeting. The annual stockholders meeting of the stockholders of The Philippine Banking Corporation shall be held on May 3, 1999 at 8:30 A.M. at the 6th Floor, Philbank Building, 6778 Ayala Avenue, Makati City. Pursuant to Section 2, Art. 111 of the By-Laws of this Bank, the stock and transfer books shall be closed from April 14, 1999 until the close of business on May 3, 1999. Only stockholders of record as of April 13, 1999 shall be entitled to vote in the said meeting. THE PHILIPPINE BANKING CORPORATION Registrant (SGD.) RENATO J. FERNANDEZ Corporate Secretary & General Counsel