Current Report Under Section 11 of the Revised Securities Act (RSA) and RSA Rule 11(A)-1(B)(3) Thereunder

March 27, 2000 PSE CIRCULAR FOR BROKERS NO. 788-00 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 24, 2000 Date of Report 2 AS095-008814 3. 004 665-166-000 SEC Number BIR TIN 4. CHINATRUST (PHILS.) COMMERCIAL BANK CORPORATION Exact name of registrant 5. METRO MANILA 6. Thursday Jurisdiction of Incorporation Industry Code 7. 3RD FLOOR TOWER ONE & EXCHANGE PLAZA, AYALA TRIANGLE, AYALA AVENUE CORNER PASEO DE ROXAS, MAKATI CITY Address of Principal Office 8. 848-5519 Registrant's Telephone Number 9. ACCESS BANKING CORP./GF N & M Building, 1184 Chino Roces St., Makati City Former Name or Former Address 10. Securities Registered pursuant to Sections 4 & 8 of the RSA NOT APPLICABLE 187,500,000 Title of Each Class Number of Common Shares Outstanding 11. Report on Item 4 ITEM 4. Resignation and Election of Registrant's Directors On March 24, 2000, Mr. KUO-SHIH CHEN resigned as Director. His replacement, Mr. MING-SHIEH Ll a.k.a. MORRIS Ll, a Taiwanese national with address at c/o Chinatrust (Phils.) Commercial Bank Corporation, at 3rd Floor Tower One & Exchange Plaza, Ayala Triangle, Ayala Avenue corner Paseo de Roxas, Makati City, was elected in the Board Meeting held on 24 March 2000. 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. CHINATRUST (PHILS.) COMMERCIAL BANK CORPORATION (SGD.) ATTY. MARITESS PARILA-ELBINIAS Senior Manager/Asst. Corporate Secretary