March 24, 2000

PSE CIRCULAR FOR BROKERS NO. 773-00

March 14, 2000

Phil Stock Exchange
Textite Tower, Exchange Road
Ortigas Center, Pasig City

Dear Mesdame:

This is to inform you that starting March 20, 2000 BPI Stock Transfer Agency will be moving to its new address:

BPI Stock Transfer Agency

9/F Far East Bank Center

Gil Puyat Ave., Makati City

Kindly send alldocuments/communications to our new address. Our new telephone numbers are 845-9441, 845-9442 and 845-9888 local 2343.

For your information.

Thank you and best regards.

(SGD.) AGNES D. TUMANING
BPI Stock Transfer Agency