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PSE Circular for Brokers No. 555-00

PSE Circular for Brokers No. 555-00 • Philippine Stock Exchange • Circulars for Brokers • Mar 6, 2000

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March 6, 2000 PSE CIRCULAR FOR BROKERS NO. 555-00 March 3, 2000 Disclosure Department Philippine Stock Exchange 4/F PSE Centre Exchange Road. Ortigas Centre Pasig City Attention: Ms. Grace B. De Guia Asst. Manager Fax No.: 636-0809 Gentlemen : This is in response to your request for clarification of today's Business World article entitled: "Keppel Group offers to buy SSS' stake in Equitable PCI" . As may be gleaned from the body of said article, this alleged offer to buy (Offer) from the Keppel Group, is supposedly directed at our shareholder, the Social Security System (SSS). Whether or not true, this Offer is a concern of SSS, who like any shareholder of other listed companies, is free to discuss such purported proposals without obligation to report it to Equitable PCI Bank. Consequently, we are not in a position to either confirm or deny the said article. LibLex We trust we have satisfactorily clarified this matter. Thank you. Very truly yours, (SGD.) ELMER B. SERRANO Officer-in-Charge Corporate Information Office

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