PSE Circular for Brokers No. 759-99

April 15, 1999 PSE CIRCULAR FOR BROKERS NO. 759-99 April 14, 1999 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. April 14, 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. 7th Floor, Pacific Star Building ___________________ Makati Avenue, Makati City Postal Code Address of principal office 8. 819-0251 Registrant's telephone number, including area 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 4. Election of Directors and Officers At the stockholders meeting this morning, the following directors were duly elected: Mr. Andres Soriano III Mr. Eduardo J. Soriano Mr. Antonio J. Roxas Mr. Brian G. Frederick Mr. Enrique K. Razon, Jr. Mr. John Gokongwei, Jr. Mr. Raymundo G. Pe Mr. Oscar J. Hilado Mr. Roberto R. Romulo Mr. Delfin L. Lazaro Mr. Jaime R. Blanco and at the organizational meeting of the Board, the following officers were elected: cdt Mr. Andres Soriano III Chairman & Chief Executive Officer; President and Chief Operating Officer Mr. Eduardo J. Soriano Vice Chairman-Treasurer Mr. Ernest K. Cuyegkeng Senior Vice President and Chief Financial Officer Mr. Adrian F. Villanueva Vice President Mr. Reginaldo L. Hernandez Vice President and Asst. Corporate Secretary Ms. Narcisa M. Villaflor Senior Asst. Vice President and Comptroller Atty. Lorna Patajo-Kapunan Corporate Secretary Item 6. Changes in Securities The stockholders, in their meeting this morning, approved the amendment of Article IX of the Articles of the Incorporation reclassifying 500 million of the unissued common shares into preferred shares. The Board of Directors was given the authority to set the terms and conditions of the issuance of such preferred shares. LexLib Item 9. Other Events Sycip, Gorres, Velayo & Co. was reappointed the External Auditors of the Corporation for the ensuing year. SIGNATURES Pursuant to the requirements of the Revised Securities Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. A. SORIANO CORPORATION Registrant (SGD.) REGINALDO L. HERNANDEZ Vice President and Assistant Corporate Secretary