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March 20, 2000PSE CIRCULAR FOR BROKERS NO. 703-00SECURITIES AND EXCHANGE COMMISSIONSEC FORM 11-CCURRENT REPORT1.Date of Report : March 15, 2000          2.SEC identification number : 108476        3.BIR Tax Identification No : 040-000-390-189V      4.Exact name of registrant as specified in its charter:    PHILIPPINE SEVEN CORPORATION          5.Country of incorporation : PHILIPPINES        6.Industry Classification Code : Thursday(PSE Use Only)     7.Address of registrant's principal office:7th Floor, The Columbia Tower    Ortigas Avenue, Mandaluyong City    1501        8.Telephone number : (632) 724-44-41          9.Fiscal Year : December 31      10.Securities registered pursuant to Section 4 and 8 of the RSA  No. of Shares of Common Stock            Shares Outstanding-Common :206,561,500    Units-Warrants :122,882      11.Indicate the item numbers reported herein'   Item 9. Other EventsThis refers to the closure of store #159, 7-Eleven Tipaz Taguig located at General Natividad cor. Ordoñez St., Tipaz Taguig, Metro Manila effective March 19, 2000. The store's sales performance is not sufficiently profitable to warrant its continued operations. The equipment, fixtures and signages of the store will be transferred and used to upcoming stores. IcESDASIGNATUREPursuant to the requirements of the Revised Securities Act, the...