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PSE Circular for Brokers No. 580-00

PSE Circular for Brokers No. 580-00 • Philippine Stock Exchange • Circulars for Brokers • Mar 8, 2000

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March 8, 2000 PSE CIRCULAR FOR BROKERS NO. 580-00 March 7, 2000 The Philippine Stock Exchange, Inc. Philippine Stock Exchange Centre Exchange Road, Ortigas Center Pasig, Metro Manila Attention : Ms . Luisa W . Buenaventura Supervisor; Disclosure Department Dear Ms. Buenaventura : We write with reference to your facsimile of even date requesting East Asia Power Resources Corporation (EAPRC) to immediately clarify/confirm a news article in the Philippine Daily Inquirer in today's issue captioned "US firm buying into local power firm". Please be advised that as of this date and time, EAPRC has not received official information from neither El Paso Philippines Co. Inc. nor from Hawaii Electric Corp. on the reported Memorandum of Agreement for the acquisition of at least 40% of EAPRC. llcd We shall make the necessary disclosure to the Philippine Stock Exchange and the Securities and Exchange Commission as soon as we are provided the information. Thank you for your attention, and warm regards. Very truly yours, (SGD.) WALDEN H. TANTUICO Vice-President, Finance

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