Philippine Stock Exchange

PSE Circulars

PSE Circular for Brokers No. 760-00

March 23, 2000

PSE CIRCULAR FOR BROKERS NO. 760-00

Date:March 22, 2000
TO:Disclosure DepartmentTel No.: (632) 636-0122)
Philippine Stock ExchangeFax No.: (632) 636-0809
FROM:Randolph T. EstrelladoTel No.: (632)924 4101/415
AVP Finance2272 local 4330
Fax No.: (632)-431-9368
Number of Pages (including cover):

Gentlemen:

This is connection with your fax message dated March 13, 2000, addressed to Atty. Eric Quiason, regarding the news article entitled 'First Pacific, ABS CBN in talks for buy-in deal?" published in the March 13, 2000 issue of the Business World. TECIaH

Although the news article itself appears to be merely speculativc, we nevertheless would like to reiterate that ABS-CBN Broadcasting Corporation (ABS-CBN) is not aware of any talks between First Pacific Co. Ltd. (First Pacific) and the Lopez Group concerning the possibility of First Pacific buying into ABS-CBN.

As has been our practice in the past and as a policy that we intend to maintain in the future, we will be informing the investing public and the exchange if any matter...

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