The Philippine Stock Exchange, Inc. Issuance of Stock Dividends

June 7, 2011PSE CIRCULAR NO. 0214-11TO:The Investing Public   SUBJECT:The Philippine Stock Exchange, Inc. Issuance of Stock Dividends Please be informed that the 100% stock dividends of The Philippine Stock Exchange, Inc. ("PSE") will be issued on June 8, 2011 to stockholders of record as of May 30, 2011. HcSDIEHowever, please be advised that the listing and trading of the shares issued pursuant to the stock dividend declaration may commence only upon approval by the Securities and Exchange Commission ("SEC") of PSE's listing application.A memorandum announcing when trading of the subject securities may begin shall be issued once the approval of the SEC is secured.For your information and guidance.(SGD.) HANS B. SICATPresident & CEO