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PSE Circular for Brokers No. 482-00

PSE Circular for Brokers No. 482-00 • Philippine Stock Exchange • Circulars for Brokers • Feb 28, 2000

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February 28, 2000 PSE CIRCULAR FOR BROKERS NO. 482-00 February 24, 2000 Phil. Stock Exchange, Inc. PSE Centre, Exchange Road Ortigas Center Pasig City Attention: Atty Ruben Almadro VP-Compliance & Surveillance Group Gentlemen: Reference is made to your faxed letter today. We reiterate our comments contained in our letter dated February 17, 2000, that we know of no material information which can affect the unusual movement in the trading of Marsteel Consolidated, Inc. shares in the market. (Marsteel Consolidated, Inc. Class "A" (MC) shares increased by 48% from P0.0490 to P0.072 per share). Company conditions are still the same. There has been no material change since we last reported the status of the Company to the P.S.E.I. cdll Rest assured that if we come across any information which we think may affect the value of trading of said shares, we will immediately relay the information to your office. Very truly yours, (SGD.) JOSE V. MARTEL Senior Vice President

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