SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

 

FORM 6 -K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 or 15d-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

 

 

Report on Form 6-K dated June 8,2004

(Commission File No. 1-15024)

 

 

PHILIPPINE LONG DISTANCE TELEPHONECOMPANY

(Name of Registrant)

 

RamonCojuangco Building
Makati Avenue, Makati City

Philippines       0721

(Address of Principal ExecutiveOfficers)

            Indicate by check mark whether the registrantfiles or will file annual reports under cover of Form 20-F or Form 40-F:

 

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

 

            Indicate by check mark if the registrant issubmitting the Form 6-K in paper as permitted by Regulation S-T Rule 101 (b)(1):

 

                                                       Yes:o                                    No:  y

 

            Indicate by check mark if the registrant issubmitting the Form 6-K in paper as permitted by Regulation by Regulation S-TRule 101 (b) (7):

 

                                                       Yes:o                                    No:  y

            Indicate by check mark whether the registrant byfurnishing the information contained in this form is also thereby furnishingthe information to the Commission pursuant to Rule 12g3-2(b) under theSecurities Exchange Act of 1934:

 

                                                       Yes:o                                    No:  y

 

 

 

 

Enclosure:

 

 

 

Acopy of the disclosure letter we sent today to the Philippine Stock Exchangeand the Securities and Exchange Commission with respect to certain discloseableevents/information.         

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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**SecurityCode # CM-040**
 

 

 
 

 
 
June8, 2004
 

 

Philippine Stock Exchange

Philippine Stock Exchange Center

Exchange Road, Ortigas Center

Pasig City

 

Attention:  Ms. Jurisita M. Quintos
Senior VicePresident__
 

Gentlemen:

 

Incompliance with Section 17.1 (b) of the Securities Regulation Code, we submitherewith a copy of a Current Report with respect to certain discloseableevents/information.           

 

This shall serve asthe disclosure letter for the purpose of complying with PSE Revised DisclosureRules.

 

 

 

Very truly yours,

 

**PHILIPPINE LONG DISTANCE TELEPHONE COMPANY**

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MA. LOURDES C. RAUSA-CHAN
Corporate Secretary

 

 

 

 

 

 

 

 

 

 

 

 

 

June 8, 2004
 

 

Securities and Exchange Commission

SEC Building

EDSA, Mandaluyong City

 

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

 

Gentlemen:

 

Inaccordance with Section 17.1 (b) of the Securities Regulation Code, we submitherewith five (5) copies of a Current Report with respect to certain discloseableevents/information.   

 

            Thank you.

 

 

 

Very truly yours,

 

PHILIPPINE LONG DISTANCE TELEPHONE COMPANY

 

 

 

MA. LOURDES C. RAUSA-CHAN
Corporate Secretary

 

 

 

 

 

 

 

 

 

 

 

 

 

COVER SHEET

 

 

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S.E.C. Registration No.

 

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(Company’s Full Name)

 

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(Business Address: No. StreetCity/Town/Province)

 

ATTY. MA. LOURDES C. RAUSA-CHAN

 

814-3552

                 ContactPerson                                                               CompanyTelephone Number

 

 

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1

 

CURRENT REPORT UNDER THE

SECURITIES REGULATION CODE

 

 

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6

Every 2nd

Tuesday

 

 

Month     Day                                    FORMTYPE                                     Month     Day    FiscalYear

                           Annual Meeting

 

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F

D

 

N/A

Dept. Requiring thisDoc.Amended Articles 

                                                  Number/Section

 

Total Amount of Borrowings

2,205,655

As of April 9, 2004

 

N/A

 

 

N/A

Total No.of StockholdersDomestic                                Foreign

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To be accomplished by SEC Personnel concerned
 

 

 

 

 

 

 

 

 

 

 

                File Number                                    ____________________________________

                                                                                            LCU

 

 

 

 

 

 

 

 

 

 

                   Document I.D.                  ____________________________________

Cashier

 

 

STAMPS
 

Remarks: Please use black ink forscanning purposes.

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**SECURITIES AND EXCHANGE COMMISSION**

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**CURRENT REPORT UNDER SECTION 17**

**OF THE SECURITIES REGULATION CODE**

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1. June 8,2004                                                                                                   __________

****Date of Report (Date of earliestevent reported)

 

2.SEC Identification Number ____PW-55 ___   3.  BIR Tax Identification No.__000-488-793 

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4.Philippine Long Distance Telephone Company            ______________________________

****Exact name of registrant asspecified in its charter

 

5.  Philippines        ___________________________6.            (SEC Use Only)

Province, country or other jurisdiction or                                 IndustryClassification Code:

Incorporation

 

7.Makati Avenue, Makati City, Philippines           ______________________________

Address of principal officePostal Code

 

8.(632) 814-3664    ___________________________________________________________

Registrant’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 SecuritiesRegulation Code

 

Title of Each Class                                 Numberof Shares of Common Stock

Outstanding and Amount of Debt Outstanding

 

_____________________________________________________________________________

_____________________________________________________________________________

_____________________________________________________________________________

 

11.Indicate the item numbers reported herein: _____________________________________

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Wedisclose that at the Annual Meeting of Stockholders of the Company held on June8, 2004, the following persons were elected as directors of the Company for theensuing corporate year:

 

Antonio O. Cojuangco

Helen Y. Dee

Ray C. Espinosa

Napoleon L. Nazareno

Bienvenido F. Nebres

Manuel V. Pangilinan

Corazon S. de la Paz

Albert F. del Rosario

Pedro E. Roxas

Juan B. Santos

Teresita T. Sy

Mitsuhiro Takase

Shigeru Yoshida

 

 

At least four (4)of the elected directors namely, Rev. Fr. Bienvenido F. Nebres, S.J., Mr. PedroE. Roxas, Mr. Juan B. Santos and Ms. Teresita T. Sy are independent directorswho are not officers or employees of the Company or any of its subsidiaries,and do not have a relationship with the Company or any of its subsidiarieswhich could, or could be reasonably perceived to, materially interfere with theexercise of independent judgment in carrying out their responsibilities asdirectors.

 

At the meeting of the Board ofDirectors of the Company that immediately followed the adjournment of the saidAnnual Meeting of Stockholders, the following persons were elected to thepositions indicated opposite their respective names:

 

NAME                                           POSITION

 

Manuel V. Pangilinan

Napoleon L. Nazareno        

Maria Lourdes C. Rausa-Chan

 

Anabelle L. Chua

George N. Lim

Claro Carmelo P. Ramirez

Victorico P. Vargas

Rosalie R. Montenegro

Ariel A. Roda

Alfredo S. Panlilio

Ernesto R. Alberto

Jun R. Florencio

 

Celso T. Dimarucut

Florentino D. Mabasa, Jr.

 

 

 

 

 

Eriberto B. Gesalta

Ramon B. Rivera, Jr.

Eugenio F. Garcia

Emiliano R. Tanchico, Jr.

Ricardo M. Sison

Jesus C. Pasicolan

Miguela F. Villanueva

Cesar M. Enriquez

Menardo G. Jimenez, Jr.

Raymond S. Relucio

Erlinda S. Kabigting

Alfredo B. Carrera

Mario C. Encarnacion

Ma. Luz Natividad A. Lim

Ramon Alger P. Obias

Jesus M. Tañedo

Richard H. Pratte

Leo I. Posadas

Nerissa S. Ramos

Ricardo C. Rodriguez

Arnel S. Crisostomo

Rebecca Jeanine R. De Guzman

Jose Antonio T. Valdez

Emeraldo L. Hernandez

Joseph Nelson M. Ladaban

Chairman of the Board

President & CEO

Senior Vice President, Corporate Secretary

       and General Counsel

Senior Vice President and Treasurer

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 Audit and

       Assurance Head

First Vice President and Controller

First Vice President, Assistant Corporate

      Secretary and Acting Corporate

      Governance Compliance Officer

 

 

 

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

 

 

            Also at the same meeting:

 

(1)      The following wereappointed members of the Advisory Board/Committee:

 

Amado S. Bagatsing

Oscar S. Reyes

Roberto R. Romulo

Benny S. Santoso

Christopher H. Young

Ricardo R. Zarate

 

(2)      The following wereappointed Chairmen and Members of the Audit Committee, Executive CompensationCommittee, Nomination Committee and Finance Committee:

 

 

 

Audit Committee

 

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

Pedro E. Roxas, Member

Juan B. Santos, Member

Corazon S. de la Paz, Advisor

Roberto R. Romulo, Advisor

Shigeru Yoshida, Advisor

 

 

Executive Compensation Committee

 

AlbertF. del Rosario, Chairman

Ray C. Espinosa, Member

Pedro E. Roxas, Member

Oscar S. Reyes, Member 

Shigeru Yoshida, Advisor

 

 

Nomination Committee

 

Rev. Fr. Bienvenido F. Nebres, Chairman

Pedro E. Roxas, Voting Member

Juan B. Santos, Voting Member

Victorico P. Vargas, Non-voting Member

 

 

Finance Committee

 

CorazonS. dela Paz, Chairman

Antonio O. Cojuangco, Member

Teresita T. Sy, Member

Amado S. Bagatsing, Member

Christopher H. Young, Member

Mitsuhiro Takase, Advisor

 

 

            The Chairman (Rev. Fr. F. Nebres, S.J.) andtwo (2) members (Messrs. Pedro E. Roxas and Juan B. Santos) of the AuditCommittee and Nomination Committee are Independent Directors.  At least one (1)member (Mr. Pedro E. Roxas) of the Executive Compensation Committee is anIndependent Director.  At least one (1) member (Ms. Teresita T. Sy) of theFinance Committee is an Independent Director.

 

 

 

(3)      Sycip Gorres Velayo& Co. was appointed as the Company’s independent auditors to audit thefinancial statements of the Company for the fiscal year 2004.

 

 

 

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

 

 

 

PHILIPPINE LONG DISTANCE

    TELEPHONE COMPANY

 

 

 

                                                           By:

 

**MA.LOURDES C. RAUSA-CHAN**

Corporate Secretary

 

 

 

June 8, 2004                             

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SIGNATURES

 

 

 

            Pursuant to the requirements of the SecuritiesExchange Act of 1934, the registrant had duly caused this report to be signedon its behalf by the undersigned, thereunto duly authorized.

 

 

 

                                PHILIPPINE LONG DISTANCETELEPHONE COMPANY
 

 

 

 

                                                    By:  MA. LOURDES C. RAUSA-CHAN

Corporate Secretary
 

 

 

Date:June 8, 2004