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PSE Circular for Brokers No. 451-00

PSE Circular for Brokers No. 451-00 • Philippine Stock Exchange • Circulars for Brokers • Feb 23, 2000

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February 23, 2000 PSE CIRCULAR FOR BROKERS NO. 451-00 February 22, 2000 PHILIPPINE STOCK EXCHANGE, INC. (PSE) Philippine Stock Exchange Center Exchange Road, Ortigas Center Pasig, Metro Manila Attention: Ms . Grace B . de Guia Assistant Manager Gentlemen Mesdames : Pursuant to SEC's and PSE's disclosure requirements, this is to confirm the news item in various newspapers regarding the winning by Petron Corporation of the National Power Corporation (NPC) public bidding for the one-year supply of fuel requirements. Petron won 44.5% out of the total bidded volume of 1,051,938 kl. We trust that we have sufficiently complied with your disclosure requirement. LexLib Very truly yours, (SGD.) LIBERADOR V. VILLEGAS Corporate Secretary

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