SECURITIESAND EXCHANGE COMMISSION

Washington, D.C.  20549

 

FORM 6 -K

 

REPORT OF FOREIGN PRIVATEISSUER

PURSUANT TO RULE 13a-16 or15d-16 OF

THE SECURITIES EXCHANGE ACT OF1934

 

Report on Form 6-K dated November 4, 2003

(Commission File No. 1-15024)

 

 

PHILIPPINE LONG DISTANCETELEPHONE COMPANY

(Name of Registrant)

 

 

RamonCojuangco Building
Makati Avenue, Makati City

Philippines 0721

(Address of Principal ExecutiveOfficers)

 

 

            Indicate by check mark whether theregistrant files or will file annual reports under cover of Form 20-F or Form40-F:

 

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

 

Indicate by check mark if theregistrant is submitting the Form 6-K in paper as permitted by Regulation S-TRule 101 (b) (1):

 

Yes:  o                                    No:  y

 

Indicate by check mark if theregistrant is submitting the Form 6-K in paper as permitted by Regulation by RegulationS-T Rule 101 (b) (7):

 

Yes:  o                                    No:  y

Indicate by check mark whetherthe registrant by furnishing the information contained in this form is alsothereby furnishing the information to the Commission pursuant to Rule 12g3-2(b)under the Securities Exchange Act of 1934:

 

Yes:  o                                    No:  y

 

 

 

 

 

 

 

 

Enclosure:

 

 

 

A copy of thedisclosure letter we sent today to the Philippine Stock Exchange and theSecurities and Exchange Commission regarding cash dividend declaration on theCompany’s Series C, D, J, T, X, G, N, P and S 10% Cumulative ConvertiblePreferred Stock.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

November 4, 2003

 

Philippine Stock Exchange

4/F Philippine Stock Exchange Center

Exchange Road, Ortigas Center

Pasig City

 

Attention:   Atty. Jose G.Cervantes

Senior Vice President
 

Gentlemen:

 

            In compliance with the disclosurerequirements of the Philippine Stock Exchange, we advise that during themeeting of the Board of Directors of our Company on November 4, 2003, thefollowing cash dividends were declared:

 

1.         P1.00 peroutstanding share of the Company’s Series C 10% Cumulative ConvertiblePreferred Stock, for the annual period ending October 31, 2003, payable onNovember 28, 2003 to the holders of record on November 18, 2003.

 

2.         P1.00 peroutstanding share of the Company’s Series D 10% Cumulative ConvertiblePreferred Stock, for the annual period ending October 31, 2003, payable onNovember 28, 2003 to the holders of record on November 18, 2003.

 

3.         P1.00 peroutstanding share of the Company’s Series J 10% Cumulative ConvertiblePreferred Stock, for the annual period ending October 31, 2003, payable onNovember 28, 2003 to the holders of record on November 18, 2003.

 

4.         P1.00 peroutstanding share of the Company’s Series T 10% Cumulative ConvertiblePreferred Stock, for the annual period ending October 31, 2003, payable onNovember 28, 2003 to the holders of record on November 18, 2003.

 

5.         P1.00 peroutstanding share of the Company’s Series X 10% Cumulative ConvertiblePreferred Stock, for the annual period ending October 31, 2003, payable onNovember 28, 2003 to the holders of record on November 18, 2003.

 

6.         P1.00 peroutstanding share of the Company’s Series G 10% Cumulative ConvertiblePreferred Stock, for the annual period ending November 30, 2003, payable onDecember 29, 2003 to the holders of record on November 29, 2003.

 

7.         P1.00 peroutstanding share of the Company’s Series N 10% Cumulative ConvertiblePreferred Stock, for the annual period ending November 30, 2003, payable onDecember 29, 2003 to the holders of record on November 29, 2003.

 

8.         P1.00 peroutstanding share of the Company’s Series P 10% Cumulative ConvertiblePreferred Stock, for the annual period ending November 30, 2003, payable onDecember 29, 2003 to the holders of record on November 29, 2003.

 

 

9.         P1.00 peroutstanding share of the Company’s Series S 10% Cumulative ConvertiblePreferred Stock, for the annual period ending November 30, 2003, payable onDecember 29, 2003 to the holders of record on November 29, 2003.

 

            Thank you.

 

             Verytruly yours,

 

 

 

          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

 

 

 

1

 

2

 

 

3

 

1

 

 

DIVIDEND ADVICE

 

 

0

 

6

Every 2nd

Tuesday

 

 

MonthDay                                     FORMTYPE                                     Month     Day   FiscalYear            

Annual Meeting

 

C

F

D

 

N/A

Dept. Requiring thisDoc.                                                                          AmendedArticles Number/Section

 

Total Amount of Borrowings

2,206,877

As of June 30, 2003

 

N/A

 

 

N/A

Total No.of StockholdersDomestic                                      Foreign

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Tobe accomplished by SEC Personnel concerned
 

 

 

 

 

 

 

 

 

 

 

            File Number____________________________________

                                                                                                              LCU

 

 

 

 

 

 

 

 

 

 

           Document I.D.____________________________________

                                     Cashier

 

TAMPS
 

 

Remarks: Please use black ink forscanning purposes.

SECURITIES AND EXCHANGE COMMISSION

 

 

 

 

 

CURRENT REPORT UNDER SECTION 17

OF THE SECURITIES REGULATION CODE

 

 

 

 

1.   November 4, 2003                                                                                                  __________

     Date of Report (Date of earliest event reported)

 

2.  SEC Identification Number _____PW-55 ____   3.BIR Tax Identification No. ____000-488-793   ___

 

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: _____________________________________________

In compliance withSection 17.1 (b) of the Securities Regulation Code, we disclose that the Boardof Directors of the Company, at its meeting held on November 4, 2003 declaredthe following cash dividends:

 

1.      P1.00 peroutstanding share of the Company’s Series C 10% Cumulative ConvertiblePreferred Stock, for the annual period ending October 31, 2003, payable onNovember 28, 2003 to the holders of record on November 18, 2003.

 

2.      P1.00 peroutstanding share of the Company’s Series D 10% Cumulative ConvertiblePreferred Stock, for the annual period ending October 31, 2003, payable onNovember 28, 2003 to the holders of record on November 18, 2003.

 

3.      P1.00 peroutstanding share of the Company’s Series J 10% Cumulative ConvertiblePreferred Stock, for the annual period ending October 31, 2003, payable onNovember 28, 2003 to the holders of record on November 18, 2003.

 

4.      P1.00 peroutstanding share of the Company’s Series T 10% Cumulative ConvertiblePreferred Stock, for the annual period ending October 31, 2003, payable onNovember 28, 2003 to the holders of record on November 18, 2003.

 

5.      P1.00 peroutstanding share of the Company’s Series X 10% Cumulative ConvertiblePreferred Stock, for the annual period ending October 31, 2003, payable onNovember 28, 2003 to the holders of record on November 18, 2003.

 

6.      P1.00 peroutstanding share of the Company’s Series G 10% Cumulative ConvertiblePreferred Stock, for the annual period ending November 30, 2003, payable onDecember 29, 2003 to the holders of record on November 29, 2003.

 

7.      P1.00 peroutstanding share of the Company’s Series N 10% Cumulative ConvertiblePreferred Stock, for the annual period ending November 30, 2003, payable onDecember 29, 2003 to the holders of record on November 29, 2003.

 

8.      P1.00 peroutstanding share of the Company’s Series P 10% Cumulative ConvertiblePreferred Stock, for the annual period ending November 30, 2003, payable onDecember 29, 2003 to the holders of record on November 29, 2003.

 

9.      P1.00 peroutstanding share of the Company’s Series S 10% Cumulative ConvertiblePreferred Stock, for the annual period ending November 30, 2003, payable onDecember 29, 2003 to the holders of record on November 29, 2003.

 

            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

November 4, 2003

 

 

SIGNATURES

 

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, theregistrant had duly 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

                                                                                          CorporateSecretary
 

 

 

Date:November 4, 2003
 

 

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