PSE Circular for Brokers No. 613-99

March 29, 1999 PSE CIRCULAR FOR BROKERS NO. 613-99 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-1(b)(3) THEREUNDER 1. March 26, 1999 Date of Report (Date of earliest event reported) 2. SEC Identification Number PW-2 3. BIR Tax Identification No. 049-000-103-216V 4. A. SORIANO CORPORATION Exact name of registrant as specified in its charter 5. Philippines Province, country or other jurisdiction of incorporation 6. (SEC Use Only) Industry Classification Code: 7. Makati Avenue, Makati City Address of principal office Postal Code 8. 819-0251 Registrant's telephone number, including are code 9. N/A Former name or former address, if changed since last report 10. Securities registered pursuant to Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding Common 3,035,689,042 11. Indicate the item numbers reported herein: Item 9. Other Events Item 9. Other Events A. Soriano Corporation (Anscor) purchased today 292,433,087 shares of ANSCOR held by a block of stockholders represented by Carlos T. Soriano and Cristina Soriano de Herrera in consideration of 205,000 Common and 345,000 Preferred shares of Aboitiz Air Transport Corporation (AATC) and P124.72 Million cash. cdlex The sale of AATC shares valued at P240 Million will result in a net gain of about P152 Million to Anscor. The repurchase of Anscor shares will increase its net asset value per share by P0.12 or 5%.