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PSE Circular for Brokers No. 545-99

PSE Circular for Brokers No. 545-99 • Philippine Stock Exchange • Circulars for Brokers • Mar 22, 1999

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March 22, 1999 PSE CIRCULAR FOR BROKERS NO. 545-99 March 20, 1999 PHILIPPINE STOCK EXCHANGE PSE Centre, Exchange Road Pasig, Metro Manila Attention: Compliance & Surveillance Department RE : Music Corporation SEC Reg. No. AS092-000589 Disclosure Statement 990320 Gentlemen : On behalf of MUSIC Corporation, we advise that: 1. Mr. Stefan J. Stas has ceased to be President & Chief Operating Officer, and Director of the Corporation effective 20 March 1999; 2. Mr. Michael Burton has been elected President of the Corporation vice Mr. Stas effective 20 March 1999, Serving concurrently as Chief Executive Officer; and 3. Mr. Bart A. M. van Hedel has been elected Chairman of the Board vice Mr. Burton, effective 20 March 1999. If you should have any questions, please call us. cdt Very truly yours, (SGD.) JIMMY S. SOO

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