EX-99 2 exhibit1.htm EX-99 Exhibit  EX-99

NOTE REGARDING FORWARD-LOOKING STATEMENTS

Some information in this report may contain forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. We have based these forward-looking statements on our current beliefs, expectations and intentions as to facts, actions and events that will or may occur in the future. Such statements generally are identified by forward-looking words such as “believe,” “plan,” “anticipate,” “continue,” “estimate,” “expect,” “may,” “will” or other similar words.

A forward-looking statement may include a statement of the assumptions or bases underlying the forward-looking statement. We have chosen these assumptions or bases in good faith. These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual results may differ materially from information contained in the forward-looking statements as a result of a number of factors, including, without limitation, the risk factors set forth in “Item 3. Key Information – Risk Factors” in our annual report on Form 20-F for the fiscal year ended December 31, 2007. You should also keep in mind that any forward-looking statement made by us in this report or elsewhere speaks only as at the date on which we made it. New risks and uncertainties come up from time to time, and it is impossible for us to predict these events or how they may affect us. We have no duty to, and do not intend to, update or revise the statements in this report after the date hereof. In light of these risks and uncertainties, you should keep in mind that actual results may differ materially from any forward-looking statement made in this report or elsewhere.

1

EXHIBITS

                 
Exhibit Number             Page

2

                 
 
   Copy of the disclosure letter we sent to the        
 
   Philippine Stock Exchange and the Securities and        
 
   Exchange Commission regarding the acquisition of        
 
   PLDT common shares by the Company pursuant to its        
 
   Share Buyback Program that was approved by the        
 
   Board of Directors of the Company on January 29,        
1
   August 5, and December 9, 2008.     5  

3

Exhibit 1

March 18, 2009

Securities and Exchange Commission
SEC Building
EDSA, Mandaluyong City

Attention: Atty. Justina F. Callangan

Director, Corporation Finance Dept.

Gentlemen:

In compliance with Section 17.1 (b) of the Securities Regulation Code and SRC Rule 17.1, we submit herewith a copy of SEC Form 17-C with respect to certain discloseable events/information.

Thank you.

 
Very truly yours,
PHILIPPINE LONG DISTANCE TELEPHONE COMPANY
/s/ Ma. Lourdes C. Rausa-Chan
 
MA. LOURDES C. RAUSA-CHAN
Corporate Secretary

Page 1 of 5

4

Exhibit 1

COVER SHEET

                                 
P
     W       —       5       5  
 
                                
SEC Registration No.
        
 
                                                                                     
P
  H   I   L   I   P   P   I   N   E   L   O   N   G   D   I   S   T   A   N   C   E
 
                                                                                   
                                                             
T
  E   L   E   P   H   O   N   E   C   O   M   P   A   N   Y
 
                                                           

(Company’s Full Name)

                                                                                     
R
  A   M   O   N   C   O   J   U   A   N   G   C   O   B   U   I   L   D   I   N   G
 
                                                                                   
                                                                         
M
  A   K   A   T   I   A   V   E.   M   A   K   A   T   I   C   I   T   Y
 
                                                                       

(Business Address: No. Street/City/Town/Province)

         
ATTY. MA. LOURDES C. RAUSA-CHAN   816-8405
Contact person
   Contact Telephone No. 

                                                              Every 2nd
 1     2        3        1    SEC FORM 17-C     0       6           Tuesday

Month                Day        FORM TYPE     Month                   Day

        Fiscal Year                           Annual Meeting
             
C   F   D   N/A
Dept. Requiring this Doc.
   Amended Articles
 
           Number/Section
         
    Total Amount of Borrowings
2,183,561
As of February 28, 2009
 
NA 		 
NA
 
       
Total No. of Stockholders
  Domestic   Foreign

To be accomplished by SEC Personnel concerned

         
______________________________
    
File Number
      LCU
         
______________________________
Document I.D.
      Cashier

STAMPS

Remarks: Please use black ink for scanning purposes

Page 2 of 5

5

Exhibit 1

SECURITIES AND EXCHANGE COMMISSION

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.1

1.   March 18, 2009

Date of Report (Date of earliest event reported)

2.   SEC Identification Number PW-55

3.   BIR Tax Identification No. 000-488-793

4.   PHILIPPINE LONG DISTANCE TELEPHONE COMPANY

Exact name of issuer as specified in its charter

                 
5.
   PHILIPPINES6.____________ (SEC Use Only)        
    Province, country or other jurisdictionIndustry Classification Code
 
   of Incorporation        
7.
   Ramon Cojuangco Building, Makati Avenue, Makati City     1200  
 
   Address of principal office   Postal Code

8. (632) 816-8405

Issuer’s telephone number, including area code

9. Not Applicable

Former name or former address, if changed since last report

10.   Securities registered pursuant to Sections 8 and 12 of the Securities Regulation Code and Sections 4 and 8 of the Revised Securities Act

     
Title of Each Class
  Number of Shares of Common Stock
Outstanding and Amount of Debt Outstanding

Page 3 of 5

6

Exhibit 1

11. Other Events

Attached hereto is a copy of our letter to the Philippine Stock Exchange dated March 18, 2009 regarding the acquisition of PLDT common shares by the Company pursuant to its Share Buyback Program that was approved by the Board of Directors of the Company on January 29, August 5, and December 9, 2008.

Pursuant to the requirements of the Securities Regulation Code, the Company has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

PHILIPPINE LONG DISTANCE

TELEPHONE COMPANY

By:

/s/ Ma. Lourdes C. Rausa-Chan
MA. LOURDES C. RAUSA-CHAN
Corporate Secretary

March 18, 2009

Page 4 of 5

7

Exhibit 1

March 18, 2009

Philippine Stock Exchange, Inc.
Disclosure Department
4th Floor, Philippine Stock Exchange Centre
(Tektite Tower) Exchange Road, Ortigas Center
Pasig City

Attention : Atty. Pete M. Malabanan

Head – Disclosure Dept.

Gentlemen:

Pursuant to Section 9 of the Revised Disclosure Rules as well as the letters of the Exchange dated January 29, 2008 and February 29, 2008, we report hereunder shares of PLDT Common Stock acquired by the Company on March 18, 2009 pursuant to the Share Buyback Program approved by the Board of Directors on January 29, August 5, and December 9, 2008.

                         
 
                   Treasury Shares
Date of Transaction   Number of Shares   Price Per Share   To date
                 
March 18, 2009
        2,780     P1,875.00     1,998,130  
 
                       
- do -
        11,000     P1,880.00     2,009,130  
 
                       
- do -
        2,220     P1,885.00     2,011,350  
 
                       
     
NOTE:
  The column marked “Outstanding Shares After Transaction” was
deleted because the outstanding common shares available from our
transfer agent in computing the Outstanding Shares After
Transaction is only as of 3 trading days prior to the transaction
date.

Thank you.

Very truly yours,

PHILIPPINE LONG DISTANCE TELEPHONE COMPANY

/s/ Ma. Lourdes C. Rausa-Chan

    MA. LOURDES C. RAUSA-CHAN
Corporate Secretary

Page 5 of 5

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 
PHILIPPINE LONG DISTANCE
TELEPHONE COMPANY
By : /s/ Ma. Lourdes C. Rausa-Chan
 
Name : Ma. Lourdes C. Rausa-Chan
Title : Senior Vice President, Corporate
Affairs and Legal Services Head
and Corporate Secretary

Date: March 18, 2009

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