SECURITIES ANDEXCHANGE COMMISSION

Washington, D.C.  20549

 

 

FORM 6 -K

 

 

Report of ForeignPrivate Issuer

 

Pursuant to Rule13a-16 or 15d-16 

Of the SecuritiesExchange Act of 1934

 

Forthe month of June 2006

 

Commission FileNumber 1-03006

 

Philippine LongDistance Telephone Company

(Exact Name ofRegistrant as specified in its Charter)

 

Ramon Cojuangco Building

Makati Avenue

Makati City

Philippines

(Address ofprincipal executive offices)

 

 

(Indicate bycheck mark whether the registrant files or will file annual reports under coverof Form 20-F or Form 40-F.)

 

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

 

 

(Indicate bycheck mark whether by furnishing the information contained in this form, theregistrant is also thereby furnishing the information to the commission pursuantto Rule 12g3-2(b) under the Securities Exchange Act 1934.)

 

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

 

 

(If “Yes” ismarked, indicate below the file number assigned to the registrant in connectionwith Rule 12g3-2(b):  82-_____)

 

 

 

 

 

 

 

 

 

Enclosure:

 

 

 

A copy of the disclosure letter we sent today to thePhilippine Stock Exchange and the Securities and Exchange Commission withrespect to certain discloseable events/information. 

** **

 

 

 

 

 

 
June 13, 2006
 

 

Philippine Stock Exchange

Philippine Stock Exchange Center

Exchange Road, Ortigas Center

Pasig City

 

Attention:  Ms. Jurisita M. Quintos
SeniorVice President
 

Gentlemen:

 

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

 

This shall serve as thedisclosure letter for the purpose of complying with PSE Revised DisclosureRules.

 

 

 

Very truly yours,

 

PHILIPPINE LONG DISTANCE TELEPHONE COMPANY

 

 

 

 

MA. LOURDES C. RAUSA-CHAN
Corporate Secretary

 

 

 
 
 

 

 
June 13, 2006
 

 

Securities and Exchange Commission

SEC Building

EDSA, Mandaluyong City

 

                                        Attention:Atty. Justina F. Callangan
Director,Corporation Finance Dept.

 

Gentlemen:

 

In accordance with Section 17.1 (b) of the SecuritiesRegulation Code and SRC Rule 17.1, we submit herewith five (5) copies of SECForm 17-C with respect to certain discloseable events/information.           

 

Thank you.

 

 

 

Very truly yours,

 

PHILIPPINE LONG DISTANCE TELEPHONE COMPANY

 

 

 

MA. LOURDES C. RAUSA-CHAN
Corporate Secretary

 

 

COVER SHEET

 

 

P

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SEC Registration No.

 

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(Company’s Full Name)

 

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

 

ATTY. MA. LOURDES C. RAUSA-CHAN

 

816-8405

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

2,192,165

As of April 30, 2006 

 

 

NA

 

 

NA

Total No. of Stockholders

 

Domestic

 

Foreign

 

-------------------------------------------------------------------------------------------------------------------

To be accomplished by SECPersonnel 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.                 13 June 2006

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 itscharter

 

5.         PHILIPPINES                                                      6.____________ (SEC UseOnly)  

Province, country or other jurisdiction                    IndustryClassification Code

of Incorporation

 

7.         Ramon Cojuangco Building, Makati Avenue, Makati City                       1200 

Addressof principal office                                                                PostalCode

 

8.         (632)816-8405 

Issuer'stelephone number, including area code
 

9.         NotApplicable 

Former name or former address, if changed since last report

 

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

 

Title of Each Class

Number of Shares of Common Stock

Outstanding and Amount of Debt Outstanding

________________________________________________________________

________________________________________________________________

________________________________________________________________

 

 

 

 

 

 

 

 

We disclose that at the Annual Meeting of Stockholdersof the Company held on June 13, 2006, the following persons were elected asdirectors, four (4) of whom are independent directors, of the Company for theensuing corporate year:

 

Antonio O. Cojuangco

Helen Y. Dee

Ray C. Espinosa

Tatsu Kono

Napoleon L. Nazareno

Bienvenido F. Nebres – Independent Director

Manuel V. Pangilinan

Corazon S. de la Paz

Oscar S. Reyes – Independent Director

Albert F. del Rosario

Pedro E. Roxas – Independent Director

Alfred V. Ty – Independent Director

Shigeru Yoshida

 

 

At the meeting ofthe Board of Directors of the Company that immediately followed the adjournmentof the said Annual Meeting of Stockholders, the following persons were electedto the positions indicated opposite their respective names:

 

NAME                                           POSITION

Manuel V. Pangilinan

Napoleon L. Nazareno        

Maria Lourdes C. Rausa-Chan

 

Anabelle L. Chua

Rene G. Bañez

 

George N. Lim

Claro Carmelo P. Ramirez

Victorico P. Vargas

Rosalie R. Montenegro

Alfredo S. Panlilio

Ernesto R. Alberto

Menardo G. Jimenez, Jr.

Jun R. Florencio

Celso T. Dimarucut

Florentino D. Mabasa, Jr.

 

Eriberto B. Gesalta

Ramon B. Rivera, Jr.

Emiliano R. Tanchico, Jr.

Ricardo M. Sison

Miguela F. Villanueva

Cesar M. Enriquez

Raymond S. Relucio

Richard N. Ferrer

Nerissa S. Ramos

Ramon Alger P. Obias

Alfredo B. Carrera

Mario C. Encarnacion

Ma. Luz Natividad A. Lim

Jesus M. Tañedo

Leo I. Posadas

Ricardo C. Rodriguez

Arnel S. Crisostomo

Rebecca Jeanine R. De Guzman

Jose Antonio T. Valdez

Emeraldo L. Hernandez

Joseph Nelson M. Ladaban

Anna Isabel V. Bengzon

Roberto G. Pador

Lilibeth F. Pasa

Enrique S. Pascual, Jr.

Jose Lauro G. Pelayo             

Genaro C. Sanchez

Jose A. Apelo

June Cheryl C. Furigay

Ma. Josefina T. Gorres

Emmanuel B. Ocumen

Gerardo C. Pena

Alejandro C. Fabian

Elisa B. Gesalta

Ma. Criselda B. Guhit

Chairman of the Board

President & CEO

Senior Vice President, Corporate Secretary

       and General Counsel

Senior Vice President and Treasurer

Senior Vice President and Chief

            Governance Officer

Senior Vice President

Senior Vice President

Senior Vice President

Senior Vice President

Senior Vice President

Senior Vice President

Senior Vice President

Senior Vice President 

First Vice President and Controller

First Vice President and Assistant 

      Corporate Secretary 

First Vice President

First Vice President

First Vice President

First Vice President

First Vice President

First Vice President

First Vice President

First Vice President

First Vice President

First Vice President

First Vice President

Vice President

Vice President

Vice President

Vice President

Vice President

Vice President

Vice President 

Vice President

Vice President

Vice President

Vice President

Vice President

Vice President

Vice President

Vice President

Vice President

Vice President

Vice President

Vice President

Vice President

Vice President

Vice President

Vice President

Vice President

 

 

            Also,at the same Board meeting:

 

(1)      The following were appointed members of theAdvisory Board/Committee:

 

Amado S. Bagatsing

Roberto R. Romulo

Benny S. Santoso

Christopher H. Young

Ricardo R. Zarate

 

(2)      The following were appointed Chairmen, Members andAdvisors of the Audit Committee, Governance and Nomination Committee, ExecutiveCompensation Committee and Finance Committee:

 

Audit Committee

 

Rev. Fr.Bienvenido F. Nebres, S.J., Chairman

Oscar S. Reyes,Member

Pedro E. Roxas,Member

Corazon S. de laPaz, Advisor

Roberto R.Romulo, Advisor

Shigeru Yoshida,Advisor

Tatsu Kono,Advisor

 

 

Governance and Nomination Committee

 

Manuel V. Pangilinan, Chairman

Tatsu Kono, Member

Rev. Fr. Bienvenido F. Nebres, S.J.,Member

Oscar S. Reyes, Member

Alfred V. Ty, Member 

Rene G. Bañez, Non-voting member

Victorico P. Vargas, Non-voting Member

 

 

Executive Compensation Committee

 

Albert F. delRosario, Chairman

Oscar S. Reyes,Member

Pedro E. Roxas,Member

Alfred V. Ty,Member

Shigeru Yoshida,Member

Victorico P.Vargas, Non-voting Member

 

 

Finance Committee

 

Corazon S. delaPaz, Chairman

Alfred V. Ty,Member

Antonio O.Cojuangco, Member

Amado S.Bagatsing, Member

Christopher H.Young, Member

Shigeru Yoshida,Advisor

Tatsu Kono,Advisor

 

 

            Allthe members including the Chairman of the Audit Committee are IndependentDirectors.  Majority of the voting members of the Governance and NominationCommittee, namely, Rev. Fr. Bienvenido F. Nebres, Mr. Oscar S. Reyes and Mr.Alfred V. Ty are Independent Directors.  Majority of the voting members of theExecutive Compensation Committee, namely, Messrs. Oscar S. Reyes, Pedro E.Roxas and Alfred V. Ty are Independent Directors.  One member, Mr. Alfred V. Ty,of the Finance Committee is an Independent Director.

 

 

Pursuant to therequirements of the Securities Regulation Code, the Company has duly causedthis Report to be signed on its behalf by the undersigned hereunto dulyauthorized.

 

 

 

PHILIPPINELONG DISTANCE

TELEPHONE COMPANY

 

 

 

By:

 

MA. LOURDES C. RAUSA-CHAN

Corporate Secretary

 

 

 

June 13, 2006 

 

 

 

SIGNATURES

 

 

 

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

 

 

 

PHILIPPINE LONGDISTANCE TELEPHONE COMPANY

 

 

 

 

By        :

Name  :     Ma.Lourdes C. Rausa-Chan

Title     :     CorporateSecretary

 

 

 

 

 

Date:  June 13,2006