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Solidbank Corporation Cash Dividend

PSE Circular for Brokers No. 650-98 • Philippine Stock Exchange • Circulars for Brokers • Apr 8, 1998

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April 8, 1998 PSE CIRCULAR FOR BROKERS NO. 650-98 SUBJECT : Solidbank Corporation Cash Dividend SolidBank Corporation ("SBC") informed the Exchange, in a letter dated April 7, 1998, that its Board of Directors, in a meeting held on even date, declared a cash dividend of P3.00 per share on all the issued and outstanding common shares of 23,366,982 of the authorized capital stock of the bank, or a total amount of P70,100,946.00 , subject to prior approval of the Bangko Sentral ng Pilipinas (BSP). The record date shall be fifteen (15) days after receipt of the approval/clearance by the BSP of the said cash dividend, and the payment date to be set by Mr. Deogracias N. Vistan, President and Chief Executive Officer of SBC. prLL For your information. (SGD.) REYNOLD P. ONG Vice-President, Listings and Disclosure Group

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