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PSE Circular for Brokers No. 462-00

PSE Circular for Brokers No. 462-00 • Philippine Stock Exchange • Circulars for Brokers • Feb 24, 2000

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February 24, 2000 PSE CIRCULAR FOR BROKERS NO. 462-00 February 23, 2000 PHILIPPINE STOCK EXCHANGE INC. 4/F Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City Attention: Miss Grace De Guia Assistant Manager - Corporate Disclosure Dept. Dear Ms. De Guia, This is to inform you that the fifteen percent (15%) stock dividend declared by the Board of Directors of CITY & LAND DEVELOPERS, INCORPORATED last January 10, 2000, to the stockholders of record as of March 08, 2000 and payable on April 07, 2000 was ratified by the stockholders representing more than 2/3 of the outstanding capital stock during the special stockholder's meeting held today at 3rd Floor Cityland Condominium 10, Tower II, 6817 H. V. dela Costa Street, Ayal Avenue North, Makati City. llcd Thank you. Very truly yours, (SGD.) RUFINA C. BUENSUCESO Senior Vice President

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