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March 20, 2000PSE CIRCULAR FOR BROKERS NO. 708-001.March 17, 2000        Date of Report (Date of earliest event Reported)        2.SEC Identification Number: CEO25363.BIR TIN 003-828-269-V      4.ABOITIZ EQUITY VENTURES, INC.      Exact name of registrant as specified in its charter           5.Cebu City Philippines  6.    Province, country or other jurisdiction  Industry Classification Code  of incorporation         7.Archbishop Reyes Ave., Banilad, Cebu City6000  Address of principal office  Postal Code        8.(032) 2312-580        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 ClassNumber of Shares of Common Stock    Outstanding and Amount of Debt Outstanding        Common stock P1 Par Value5,356,434,976  Total Liabilities3,403,325,000      11.Indicate the item numbers reported herein: 9(a)(1)(J)      Item 9(a)(1)(J). Purchase of stock.    In pursuance of the AEV shares buy-back program approved by the Board of Directors, the Corporation has purchased the following additional shares of AEV:Date# of SharesU. PriceTotal Value    March 17, 200020,203,000P1.74P35,153,220.00March 17, 200020,204,000P1.7635,559,040.00 ————— ——————— 40,407,000 P70,712,260.00 Additional InformationThe Board approved a program to buy-back shares. The amount...