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PSE Circular for Brokers No. 937-99

PSE Circular for Brokers No. 937-99 • Philippine Stock Exchange • Circulars for Brokers • Apr 30, 1999

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April 30, 1999 PSE CIRCULAR FOR BROKERS NO. 937-99 April 29, 1999 PHILIPPINE STOCK EXCHANGE, INC. (PSE) Philippine Stock Exchange Center Exchange Road Ortigas Center Pasig Metro Manila Attention Ms . Grace B . de Guia Assistant Manager Gentlemen/Mesdames: Pursuant to SEC and PSE's disclosure requirements, we report to your good office that the Board of Directors during its Regular Quarterly Meeting held this morning, decided the following matters: a) Election of Director Khalid A. Al-Falih as Petron's new President, vice Mr. Ali A. Al-Ajmi to be effective upon formal turn -over of functions' and b) Funding in the amount of P950.7 million for Service Stations and on Re-imaging programs. We trust that we have sufficiently complied with your disclosure requirement. Very truly yours, (SGD.) LIBERADOR V. VILLEGAS Corporate Secretary

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