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Casino Guicharo-Perrachon

PSE Circular for Brokers No. 454-00 • Philippine Stock Exchange • Circulars for Brokers • Feb 23, 2000

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February 23, 2000 PSE CIRCULAR FOR BROKERS NO. 454-00 TO : Ms. Grace B. De Guia Asst. Manager, Disclosure Department The Philippine Stock Exchange, Inc. Fax No. 636-0809 FROM : Jose T. Sio SM Prime Holdings, Inc. DATE : February 23, 2000 RE : Casino Guicharo-Perrachon We wish to inform you that SM Prime Holdings, Inc. is not aware of the reported talks between SM Group and Casino Guicharo-Perrachon SA of France for a joint investment to Uniwide to acquire 29.2% stake in the Cash-Strapped Warehouse Operation. This in reply to your fax message dated today. Very truly yours, (SGD.) JOSE T. SIO SVP-Finance

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