SECURITIESAND 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)

 

Ramon CojuangcoBuilding
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 regarding cash dividend declarationon the Company’s Series III, V, VI and VII Convertible Preferred Stock.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Security Code # CM-040
 

 

 

 

June 8, 2004

 

 

Philippine Stock Exchange

4/F Philippine Stock Exchange Center

Exchange Road, Ortigas Center

Pasig City

 

Attention:     Ms. Jurisita M. Quintos

SeniorVice President 

 

Gentlemen:

 

            In compliance with the disclosure requirementsof the Philippine Stock Exchange, we advise that during the meeting of theBoard of Directors of our Company on June 8, 2004, the following cash dividendswere declared:

 

1.        $1.029412 peroutstanding share of the Company’s Series III Convertible Preferred Stock,payable on July 15, 2004 to the holders of record on June 25, 2004.

 

2.        P4.675 peroutstanding share of the Company’s Series V Convertible Preferred Stock,payable on July 15, 2004 to the holders of record on June 25, 2004.

 

3.        $.09925 peroutstanding share of the Company’s Series VI Convertible Preferred Stock, payableon July 15, 2004 to the holders of record on June 25, 2004.

 

4.        JY10.179725 peroutstanding share of the Company’s Series VII Convertible Preferred Stock,payable on July 15, 2004 to the holders of record on June 25, 2004.

 

            Thank you.

             Very trulyyours,

 

 

 

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

                    ContactPersonCompany Telephone Number

 

 

1

 

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1

 

 

DIVIDEND ADVICE

 

 

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6

Every 2nd

Tuesday

 

 

Month    Day                                    FORMTYPE                                         Month     Day    Fiscal Year

Annual Meeting

 

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N/A

Dept. Requiring this Doc.Amended Articles 

Number/Section

 

            Total Amount of Borrowings

2,205,655

As of April 9, 2004

 

N/A

 

 

N/A

Total No.of Stockholders                                          DomesticForeign

 

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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.

 

 

 

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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 earliest event reported)

 

2.  SEC Identification Number ___W-55 _   3.  BIR TaxIdentification No. _000-488-793   ___

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4.  Philippine Long Distance Telephone Company____________________________

****Exact name of registrant as specified in its charter

 

5.  Philippines        _______________________6.            (SEC Use Only)

     Province, country or other jurisdictionor                          Industry Classification 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 lastreport

 

10.  Securities registered pursuant to Sections 8 and 12 ofthe Securities Regulation Code

 

Title of Each Class                             Numberof Shares of Common Stock

Outstanding and Amount of Debt Outstanding

 

____________________________________________________________________________

 

____________________________________________________________________________

 

____________________________________________________________________________

 

11.  Indicate the item numbers reported herein: _____________________________________

 

 

 

 

 

Incompliance with Section 17.1 (b) of the Securities Regulation Code, we disclosethat the Board of Directors of the Company, at its meeting held on June 8, 2004declared the following cash dividends:

 

1.     $1.029412 peroutstanding share of the Company’s Series III Convertible Preferred Stock,payable on July 15, 2004 to the holders of record on June 25, 2004.

 

2.     P4.675 peroutstanding share of the Company’s Series V Convertible Preferred Stock,payable on July 15, 2004 to the holders of record on June 25, 2004.

 

3.     $.09925 peroutstanding share of the Company’s Series VI Convertible Preferred Stock, payableon July 15, 2004 to the holders of record on June 25, 2004.

 

4.     JY10.179725 peroutstanding share of the Company’s Series VII Convertible Preferred Stock,payable on July 15, 2004 to the holders of record on June 25, 2004.

 

 

            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.

 

 

 

PHILIPPINE LONG DISTANCE TELEPHONE COMPANY
 

By:

 

 

MA. LOURDES C. RAUSA-CHAN

Corporate Secretary

 

June 8, 2004

 

 

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SIGNATURES

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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 TELEPHONE COMPANY
 

 

 

 

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

      Corporate Secretary
 

 

 

Date:June 8, 2004