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

 

Reporton Form 6-K dated June 14, 2005

(Commission FileNo. 1-15024)

 

 

PHILIPPINE LONGDISTANCE TELEPHONE COMPANY

(Name ofRegistrant)

 

Ramon CojuangcoBuilding

Makati Avenue,Makati City

Philippines     0721

(Address ofPrincipal Executive Officers)

 

 

Indicate by checkmark whether the registrant files or will file annual reports under cover ofForm 20-F or Form 40-F:

 

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

 

Indicate by checkmark if the registrant is submitting the Form 6-K in paper as permitted byRegulation S-T Rule 101 (b) (1):

 

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

 

Indicate by checkmark if the registrant is submitting the Form 6-K in paper as permitted byRegulation by Regulation S-T Rule 101 (b) (7):

 

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

 

Indicate by checkmark whether the registrant by furnishing the information contained in thisform is also thereby furnishing the information to the Commission pursuant toRule 12g3-2(b) under the Securities Exchange Act of 1934:

 

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

 

 

 

 

 

 

 

 

 

 

 

Enclosure:

 

 

 

A copy of the disclosure letter we sent today to thePhilippine Stock Exchange and the Securities and Exchange Commission regardingcash dividend declaration on the Company’s Series III, V, VI and VIIConvertible Preferred Stock.

** **

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SecurityCode # CM-040

 

 

 

June14, 2005

 

Philippine Stock Exchange

4/F Philippine Stock Exchange Center

Exchange Road, Ortigas Center

Pasig City

 

Attention:Ms. Jurisita M. Quintos

SVP– Operations Group 

 

Gentlemen:

 

            In compliance with thedisclosure requirements of the Philippine Stock Exchange, we advise that duringthe meeting of the Board of Directors of our Company on June 14, 2005, thefollowing cash dividends were declared out of the unrestricted retainedearnings of the Company as of December 31, 2004:

 

1.        $1.029412per outstanding share of the Company’s Series III Convertible Preferred Stock,for the quarter ending July 15, 2005, payable on July 15, 2005 to the holdersof record on June 28, 2005;

 

2.        P4.675per outstanding share of the Company’s Series V Convertible Preferred Stock,for the quarter ending July 15, 2005, payable on July 15, 2005 to the holdersof record on June 28, 2005;

 

3.        US$.09925per outstanding share of the Company’s Series VI Convertible Preferred Stock,for the quarter ending July 15, 2005, payable on July 15, 2005 to the holdersof record on June 28, 2005; and

 

4.        JY10.179725per outstanding share of the Company’s Series VII Convertible Preferred Stock,for the quarter ending July 15, 2005, payable on July 15, 2005 to the holdersof record on June 28, 2005.

 

            Thankyou.

 

|  
Very truly yours,

 

 

 

MA. LOURDES C. RAUSA-CHAN
Corporate Secretary
 
 

 

COVER SHEET

 

 

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SEC Registration No.

 

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(Company’s FullName)

 

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(BusinessAddress: 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

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D

 

N/A

Dept. Requiring this Doc.

 

Amended Articles

Number/Section

 

 

Total Amount of Borrowings

2,197,337

As of May 31, 2005

 

 

NA

 

 

NA

Total No. of Stockholders

 

Domestic

 

Foreign

 

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To beaccomplished by SEC Personnel concerned

 

 
 

 

 

 

 

 

 

 

 

 

 

______________________________

File Number

 

LCU

 
 

 

 
 

 

 

 

 

 

 

 

 

 

 

______________________________

 
Document I.D.

 

Cashier

 

 

STAMPS

   

 

 

 

Remarks: Please use black ink forscanning purposes

 

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

CURRENT REPORT UNDER SECTION 17

OF THE SECURITIES REGULATION CODE

AND SRC RULE 17.1

 

 

 

1.                 14 June 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 itscharter

 

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'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

_____________________________________________________________

_____________________________________________________________

_____________________________________________________________

 

 

 

 

 

 

 

 

 

11.             Item 9 (Other Events)

 

 

We disclose that the Board of Directors of PhilippineLong Distance Telephone Company (the “Company”), at its meeting held on June14, 2005 declared, out of the unrestricted retained earnings of the Company asof December 31, 2004, the following cash dividends:

 

1.      $1.029412 peroutstanding share of the Company’s Series III Convertible Preferred Stock, forthe quarter ending July 15, 2005, payable on July 15, 2005 to the holders ofrecord on June 28, 2005;

 

2.      P4.675 peroutstanding share of the Company’s Series V Convertible Preferred Stock, forthe quarter ending July 15, 2005, payable on July 15, 2005 to the holders ofrecord on June 28, 2005;

 

3.      US$.09925 peroutstanding share of the Company’s Series VI Convertible Preferred Stock, forthe quarter ending July 15, 2005, payable on July 15, 2005 to the holders ofrecord on June 28, 2005; and

 

4.      JY10.179725 peroutstanding share of the Company’s Series VII Convertible Preferred Stock, forthe quarter ending July 15, 2005, payable on July 15, 2005 to the holders ofrecord on June 28, 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

 

June 14, 2005

 

 

 

 

 

 

 

 

 

 

SIGNATURES

 

 

 

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

 

 

 

PHILIPPINE LONG DISTANCE TELEPHONECOMPANY

 

 

 

 

By:  MA. LOURDESC. RAUSA-CHAN

CorporateSecretary

 

 

 

Date:  June 14,2005

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