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PSE Circular for Brokers No. 704-00

PSE Circular for Brokers No. 704-00 • Philippine Stock Exchange • Circulars for Brokers • Mar 20, 2000

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March 20, 2000 PSE CIRCULAR FOR BROKERS NO. 704-00 March 17, 2000 PHILIPPINE STOCK EXCHANGE Listings and Disclosure Group 4/F Philippine Stock Exchange Center PSE Center, Exchange Road Ortigas Center, Pasig City Attention : Disclosure Department Gentlemen : Security Bank Corporation (SBC) hereby notifies the Exchange that at the special meeting of the Board of Directors held today from 2:30 p.m. to 3:00 p.m., said Board approved the merger of SBC Information Technology, Inc. (SITI) and SB Savings Bank, Inc. (SBSBI) with SBC, with SBC, as the surviving. corporation. SITI and SBSBI are wholly-owned subsidiaries of SBC. ITHADC Very truly yours, (SGD.) LOURDES L. CRISOSTOMO Assistant Corporate Secretary

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