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March 21, 2000PSE CIRCULAR FOR BROKERS NO. 720-00Disclosure DepartmentListing and Disclosure Group4/F, Philippine Stock Exchange CenterPSE Center, Exchange RoadOrtigas Center, Pasig CityFAX NO: 636-0809/634 2051Attention : Ms. Grace B. de GuiaAsst. ManagerGentlemen :We wish to announce that Messrs. Sheridan M. Tatsuno and Alan R. Batkin have agreed to join the Board of Directors of PhilWeb.Com, Inc. (PhilWeb) and will be elected at its next meeting scheduled on March 27, 2000. The two new directors will replace Ms. Vivian Yuchengco, who resigned from the Board upon her election as Governor of the Philippine Stock Exchange and Pilar S. Cayetano, who has been designated General Counsel and Assistant Corporate Secretary of PhilWeb.Mr. Tatsuno is one of the internet pioneers of Silicon Valley and is an acknowledged authority on e-business. He is President of Dreamscape Ventures, an e-business virtual incubator In addition to joining the Board of PhilWeb, Mr. Tatsuno has also been designated as Chief Technology Consultant for PhilWeb, based in Silicon Valley. His resume is attached.Mr. Batkin is President and CEO of Orama Partners, Inc. an...