PSE Circular for Brokers No. 433-99

March 9, 1999 PSE CIRCULAR FOR BROKERS NO. 433-99 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. March 8, 1999 Date of Report (Date of earlier event reported) 2. SEC Identification Number PW-2 3. BIR Tax Identification No. 049-000-103-216V 4. A. SORIANO CORPORATION Exact name of registrant as specified in its charter 5. Philippines Province, country or other jurisdiction of incorporation 6. (SEC Use Only) Industry Classification Code: 7. 7th Floor, Pacific Star Building Makati Ave. cor. Gil J. Puyat Ave., Makati City Address of principal office Postal Code 8. 819-0251 Registrant's telephone number, including area code 9. N/A Former name of former address, if changed since last report 10. Securities registered pursuant to Section 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding Common 3,035,689,042 11. Indicate the item numbers reported herein Item 9. Other Events Item 9. Other Event The Board of Directors of A. Soriano Corporation today approved the amendment of Article IX of the Articles of Incorporation to reclassify 500 million of its unissued Common shares to Preferred shares. The Board likewise authorized the Company to buy back shares depending on cash availability and retained earnings of the Company. LexLib SIGNATURES Pursuant to the requirements of the Revised Securities Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. A. SORIANO CORPORATION Registrant (SGD.) LORNA PATAJO-KAPUNAN Corporate Secretary March 8, 1999