1998 Annual Stockholders Meeting

April 14, 1998 PSE CIRCULAR FOR BROKERS NO. 673-98 TO : All Common Stock Shareholders of PILIPINO TELEPHONE CORPORATION FROM : The Secretary SUBJECT : 1998 Annual Stockholders Meeting Please be informed that the 1998 Annual Stockholders Meeting of Pilipino Telephone Corporation shall be held on Tuesday, May 5, 1998 at 10:00 a.m. at the Main Lounge, Manila Polo Club, McKinley Road, Makati City. Under the resolution of the Board of Directors of February 26, 1998 only common stock shareholders as of April 6, 1998 shall be entitled to notice and vote at the said meeting with the ex-date to be set in accordance with the rules of the Philippine Stock Exchange Inc. LibLex The Agenda for the 1998 Annual Stockholders Meeting is as follows: I. Call to Order II. Proof of Notice III. Certification of Quorum IV. Approval of Previous Minutes of March 26, 1997 and February 18, 1998 V. Report of the President VI. Approval of Financial Statements VII. Ratification of the Acts and Proceedings of the Board of Directors and Management VIII. Nomination and Election of the Members of the Board of Directors IX. Appointment of Independent Auditors X. Other Matters XI. Adjournment The Minutes of the last Annual Stockholders' Meeting, the Special Stockholders Meeting of February 18, 1998, and resolutions of the Board of Directors will be available for inspection during office hours at the Office of the Secretary. In addition, copies of the minutes will also be made available at the meeting. aisadc Very truly yours, (SGD.) MICHAEL B. TANTOCO Secretary