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PSE Circular for Brokers No. 501-00

PSE Circular for Brokers No. 501-00 • Philippine Stock Exchange • Circulars for Brokers • Feb 29, 2000

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February 29, 2000 PSE CIRCULAR FOR BROKERS NO. 501-00 February 28, 2000 TO : Disclosure Department Philippine Stock Exchange FROM : Randolph T. Estrellado AVP Finance Gentlemen: This is connection with your fax message dated February 28, 2000, regarding the news article entitled "ABS-CBN, Benpres to spin off Net assets," published in the February 25, 2000 issue of the Philippine Daily Inquirer. As implied in the said article, ABS-CBN is still in the process of evaluating its options concerning its internet-related assets and has not made a final decision regarding a spin-off or any other any other type of reorganization. We shall inform the public once a definitive decision has been made. Best regards, (SGD.) RANDOLPH ESTRELLADO

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