SECURITIESAND EXCHANGE COMMISSION

Washington,D.C.  20549

 

FORM6 -K

 

REPORTOF FOREIGN PRIVATE ISSUER

PURSUANTTO RULE 13a-16 or 15d-16 OF

THESECURITIES EXCHANGE ACT OF  1934

 

Report on Form 6-K dated May 5, 2005

(Commission File No. 1-15024)

 

 

PHILIPPINELONG DISTANCE TELEPHONE COMPANY

(Nameof Registrant)

 

RamonCojuangco Building

MakatiAvenue, Makati City

Philippines        0721

(Addressof Principal Executive Officers)

 

 

Indicateby check mark whether the registrant files or will file annual reports undercover of Form 20-F or Form 40-F:

 

| Form 20-F:  y | Form 40-F:  o |
|---------------|---------------|

 

Indicateby check mark if the registrant is submitting the Form 6-K in paper aspermitted by Regulation S-T Rule 101 (b) (1):

 

| Yes:  o | No:  y |
|---------|--------|

 

Indicateby check mark if the registrant is submitting the Form 6-K in paper aspermitted by Regulation by Regulation S-T Rule 101 (b) (7):

 

| Yes:  o | No:  y |
|---------|--------|

 

Indicateby check mark whether the registrant by furnishing the information contained inthis form is also thereby furnishing the information to the Commission pursuantto Rule 12g3-2(b) under the Securities Exchange Act of 1934:

 

| Yes:  o | No:  y |
|---------|--------|

 

 

 

 

 

 

 

 

 

 

 

Enclosure:

 

 

 

A copy of the disclosureletter we sent today to the Philippine Stock Exchange and the Securities andExchange Commission regarding cash dividend declaration on the Company’s SeriesIV Cumulative Non-Convertible Redeemable Preferred Stock and Common CapitalStock.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SecurityCode # CM-040

 

 

May 5, 2005

 

 

Philippine Stock Exchange

4/F Philippine Stock ExchangeCenter

Exchange Road, Ortigas Center

Pasig City

 

Attention:Ms. Jurisita M. Quintos

SVP– Operations Group 

 

Gentlemen:

 

            In compliancewith the disclosure requirements of the Philippine Stock Exchange, we advisethat during the meeting of the Board of Directors of our Company on May 5,2005, the following cash dividends were declared out of the unrestrictedretained earnings of the Company as of December 31, 2004:

 

1.        A total of P12,420,000.00 on all of the outstanding sharesof the Company’s Series IV Cumulative Non-Convertible Redeemable PreferredStock, for the quarter ending June 15, 2005, payable on June 15, 2005 to theholders of record on May 26, 2005; and 

 

2.        P21.00 per outstanding share of the Company’s CommonCapital Stock, payable on July 14, 2005 to the holders of record on June 3,2005.

 

            Thankyou.

 

             Very truly yours,

 

 

 
MA. LOURDES C. RAUSA-CHAN
Corporate Secretary

 

 

 

 

 

 

 

 

COVER SHEET

 

 

P

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5

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SEC Registration No.

 

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(Company’s Full Name)

 

R

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

 

ATTY. MA. LOURDES C. RAUSA-CHAN

 

814-3552

Contact person

 

Contact Telephone No.

 

 

1

 

2

 

 

3

 

1

 

 

SEC FORM 17-C

 

 

0

 

6

Every 2nd

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

2,198,945

As of March 31, 2005

 

 

NA

 

 

NA

Total No. of Stockholders

 

Domestic

 

Foreign

 

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To be accomplished bySEC Personnel concerned

 

 
 

 

 

 

 

 

 

 

 

 

 

______________________________

File Number

 

LCU

 
 

 

 
 

 

 

 

 

 

 

 

 

 

 

______________________________

 
Document I.D.

 

Cashier

 

 

STAMPS

   

 

 

 

 

Remarks: Please use black ink for scanning purposes

 

 

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

CURRENT REPORT UNDER SECTION 17

OF THE SECURITIES REGULATION CODE

AND SRC RULE 17.1

 

 

1.                 5 May 2005

Date of Report (Date of earliest event reported)

 

2.                 SEC Identification Number PW-55

 

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

 

4.                 PHILIPPINELONG DISTANCE TELEPHONE COMPANY

Exact name of issuer as specified in its charter

 

5.         PHILIPPINES                                                     6.____________(SEC Use Only)  

Province, country or other jurisdiction                       IndustryClassification Code

of Incorporation

 

7.         RamonCojuangco Building, Makati Avenue, Makati City                            1200 

Address of principal office                                                                  PostalCode

 

8.         (632)814-3664 

Issuer's telephone number, including area code
 

9.         NotApplicable 

Former name or former address, if changed since last report

 

10.             Securities registered pursuant toSections 8 and 12 of the Securities Regulation Code and Sections 4 and 8 of theRevised Securities Act

 

Title of Each Class

Number of Shares of Common Stock

Outstanding and Amount of Debt Outstanding

_____________________________________________________________

_____________________________________________________________

_____________________________________________________________

 

 

 

 

 

 

11.             Item 9 (Other Events)

 

 

We disclose that the Board of Directorsof Philippine Long Distance Telephone Company (the “Company”), at its meetingheld on May 5, 2005 declared, out of the unrestricted retained earnings of theCompany as of December 31, 2004, the following cash dividends:

 

1.         A total of P12,420,000.00 on all of the outstanding sharesof the Company’s Series IV Cumulative Non-Convertible Redeemable PreferredStock, for the quarter ending June 15, 2005, payable on June 15, 2005 to theholders of record on May 26, 2005; and

 

2.         P21.00 per outstanding share of the Company’s CommonCapital Stock, payable on July 14, 2005 to the holders of record on June 3,2005.

 

 

            Pursuantto the requirements of the Securities Regulation Code, the Company has dulycaused this Report to be signed on its behalf by the undersigned hereunto dulyauthorized.

 

 

 

PHILIPPINE LONG DISTANCE TELEPHONE COMPANY
 

By:

 

 

MA. LOURDES C. RAUSA-CHAN

Corporate Secretary

 

May 5, 2005

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SIGNATURES

 

 

 

Pursuant to the requirements of the Securities Exchange Actof 1934, the registrant had duly caused this report to be signed on its behalfby the undersigned, thereunto duly authorized.

 

 

 

PHILIPPINE LONGDISTANCE TELEPHONE COMPANY

 

 

 

 

By:MA. LOURDES C. RAUSA-CHAN

Corporate Secretary

 

 

 

Date:May 5, 2005