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PSE Circular for Brokers No. 827-98

PSE Circular for Brokers No. 827-98 • Philippine Stock Exchange • Circulars for Brokers • Apr 27, 1998

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April 27, 1998 PSE CIRCULAR FOR BROKERS NO. 827-98 April 24, 1998 The Philippine Stock Exchange Exchange Road, Ortigas Center Pasig City Attention: Ms . Maria Isabel T . Garcia Head, Listing Department Gentlemen : We are pleased to inform you that at the meeting of the Board of Directors of the Bank held today, April 24, 1998, the Board approved the a) Declaration of cash dividend at the rate of P1.50 per share to all common stockholders of record as of May 8, 1998 payable on June 4, 1998. b) Declaration of cash dividend of 12% from July 1, 1997 to June 30, 1998 to Land Bank of the Philippines a stock of Series A Preferred Shares of Stock. cdlex c) Resignation of Mr. Jose Ramon F. Revilla, Executive Vice President and Commercial Banking Segment Head, effective June 1, 1998. Thank you for your attention. CASH DIVIDEND (common) Cash dividend P1.50 per share Ex-Cash May 4, 1998 Record Date May 5, 1998 Date Payable June 4, 1998 Very truly yours, (SGD.) LUTGARDA C. BAQUIRAN-PERALTA Assistant Corporate Secretary

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