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PSE Circular for Brokers No. 462-99

PSE Circular for Brokers No. 462-99 • Philippine Stock Exchange • Circulars for Brokers • Mar 12, 1999

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March 12, 1999 PSE CIRCULAR FOR BROKERS NO. 462-99 March 11, 1999 Philippine Stock Exchange, Inc . Philippine Stock Exchange Center Pasig City Attention: Ms . Racquel R . Angeles Assistant Gentlemen : This refers to your Ms. Angeles' faxed letter dated March 11, 1999 addressed to our Atty Renato O. Marzan, Globe Telecom, Inc.'s Corporate Secretary, requesting for our written confirmation/clarification on the news item which appeared in the Philippine Daily Inquirer of March 11, 1999 that "Globe Telecom is set to sign on Monday an agreement that will give the company the opportunity to take a first crack at buying Isla Communications, Inc." LLphil Kindly be informed that the above quoted news item is not true and Globe has nothing to do with the same news item. We hope that this clarifies the subject matter. Truly yours, (SGD.) RODOLFO A. SALALIMA Senior Vice President-Corporate and Regulatory Affairs and Assistant Corporate Secretary

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