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 August 4, 2005

(Commission File No. 1-15024)

 

 

PHILIPPINE LONG DISTANCE TELEPHONE COMPANY

(Name of Registrant)

 

Ramon Cojuangco Building

Makati Avenue, Makati City

Philippines     0721

(Address of Principal Executive Officers)

 

 

Indicate by check mark whether the registrant filesor 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:

 

 

 

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 Convertible PreferredStock, Series IV Cumulative Non-Convertible Redeemable Preferred Stock, SeriesV, VI and VII Convertible Preferred Stock and Series B, F, Q, V and Z 10%Cumulative Convertible Preferred Stock.

 

 

August 4, 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 the disclosure requirementsof the Philippine Stock Exchange, we advise that during the meeting of theBoard of Directors of our Company on August 4, 2005, the following cashdividends were declared out of the unrestricted retained earnings of theCompany as of December 31, 2004:

 

1.        $1.029412 peroutstanding share of the Company’s Series III Convertible Preferred Stock, forthe quarter ending October 15, 2005, payable on October 15, 2005 to the holdersof record on September 15, 2005. 

 

2.        A total ofP12,420,000.00 on all of the outstanding shares of the Company’s Series IVCumulative Non-Convertible Redeemable Preferred Stock, for the quarter endingSeptember 15, 2005, payable on September 15, 2005 to the holders of record onAugust 25, 2005.

 

3.        P4.675 peroutstanding share of the Company’s Series V Convertible Preferred Stock, forthe quarter ending October 15, 2005, payable on October 15, 2005 to the holdersof record on September 15, 2005.

 

4.        US$.09925 peroutstanding share of the Company’s Series VI Convertible Preferred Stock, forthe quarter ending October 15, 2005, payable on October 15, 2005 to the holdersof record on September 15, 2005.

 

5.        JY10.179725 peroutstanding share of the Company’s Series VII Convertible Preferred Stock, forthe quarter ending October 15, 2005, payable on October 15, 2005 to the holdersof record on September 15, 2005.

 

6.        P1.00 peroutstanding share of the Company’s Series B 10% Cumulative ConvertiblePreferred Stock, for the annual period ending August 31, 2005, payable onSeptember 30, 2005 to the holders of record on September 1, 2005.

 

7.        P1.00 peroutstanding share of the Company’s Series F 10% Cumulative ConvertiblePreferred Stock, for the annual period ending August 31, 2005, payable onSeptember 30, 2005 to the holders of record on September 1, 2005.

 

8.        P1.00 peroutstanding share of the Company’s Series Q 10% Cumulative ConvertiblePreferred Stock, for the annual period ending August 31, 2005, payable onSeptember 30, 2005 to the holders of record on September 1, 2005.

 

9.        P1.00 peroutstanding share of the Company’s Series V 10% Cumulative ConvertiblePreferred Stock, for the annual period ending August 31, 2005, payable onSeptember 30, 2005 to the holders of record on September 1, 2005.

 

10.    P1.00 peroutstanding share of the Company’s Series Z 10% Cumulative ConvertiblePreferred Stock, for the annual period ending August 31, 2005, payable onSeptember 30, 2005 to the holders of record on September 1, 2005.

 

            Thank you.

 

             Very trulyyours,

 

 

 
          MA. LOURDES C.RAUSA-CHAN
                    Corporate Secretary

 

 

 

COVER SHEET

 

 

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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

 

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

F

D

 

N/A

Dept. Requiring this Doc.

 

Amended Articles

Number/Section

 

 

Total Amount of Borrowings

2,196,804

As of June 30, 2005

 

 

NA

 

 

NA

Total No. of Stockholders

 

Domestic

 

Foreign

 

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To be accomplished by SEC Personnelconcerned

 

 
 

 

 

 

 

 

 

 

 

 

 

______________________________

File Number

 

LCU

 
 

 

 
 

 

 

 

 

 

 

 

 

 

 

______________________________

 
Document I.D.

 

Cashier

 

 

STAMPS

   

 

 

 

 

Remarks: Please use black ink for scanning purposes

 

 

SECURITIESAND EXCHANGE COMMISSION

 

 

 

CURRENT REPORT UNDER SECTION 17

OF THE SECURITIES REGULATION CODE

AND SRC RULE 17.1

 

 

 

1.                 4 August 2005

Date of Report(Date of earliest event reported)

 

2.                 SEC Identification Number PW-55

 

3.                 BIR Tax Identification No. 000-488-793

 

4.                 PHILIPPINE LONGDISTANCE TELEPHONE COMPANY

Exact name of issuer asspecified in its charter

 

5.         PHILIPPINES                                                      6.____________(SEC Use Only)  

Province, country or other jurisdiction                    IndustryClassification Code

ofIncorporation

 

7.         Ramon Cojuangco Building, MakatiAvenue, Makati City                               1200 

Address ofprincipal office                                                                    PostalCode

 

8.         (632) 814-3664 

Issuer's telephone number, including area code
 

9.         Not Applicable 

Former name orformer address, if changed since last report

 

10.             Securities registered pursuant to Sections 8 and 12 of the SecuritiesRegulation Code and Sections 4 and 8 of the Revised Securities Act

 

Title of Each Class

Number of Shares of Common Stock

Outstanding and Amount of Debt Outstanding

_____________________________________________________________

_____________________________________________________________

_____________________________________________________________

 

Item 9 (Other Events)

 

 

Wedisclose that the Board of Directors of Philippine Long Distance TelephoneCompany (the “Company”), at its meeting held on August 4, 2005 declared, out ofthe unrestricted retained earnings of the Company as of December 31, 2004, thefollowing cash dividends:

 

1.     $1.029412 peroutstanding share of the Company’s Series III Convertible Preferred Stock, forthe quarter ending October 15, 2005, payable on October 15, 2005 to the holdersof record on September 15, 2005. 

 

2.     A total ofP12,420,000.00 on all of the outstanding shares of the Company’s Series IVCumulative Non-Convertible Redeemable Preferred Stock, for the quarter endingSeptember 15, 2005, payable on September 15, 2005 to the holders of record onAugust 25, 2005.

 

3.     P4.675 peroutstanding share of the Company’s Series V Convertible Preferred Stock, forthe quarter ending October 15, 2005, payable on October 15, 2005 to the holdersof record on September 15, 2005.

 

4.     US$.09925 peroutstanding share of the Company’s Series VI Convertible Preferred Stock, forthe quarter ending October 15, 2005, payable on October 15, 2005 to the holdersof record on September 15, 2005.

 

5.     JY10.179725 peroutstanding share of the Company’s Series VII Convertible Preferred Stock, forthe quarter ending October 15, 2005, payable on October 15, 2005 to the holdersof record on September 15, 2005.

 

6.     P1.00 peroutstanding share of the Company’s Series B 10% Cumulative ConvertiblePreferred Stock, for the annual period ending August 31, 2005, payable onSeptember 30, 2005 to the holders of record on September 1, 2005.

 

7.     P1.00 peroutstanding share of the Company’s Series F 10% Cumulative ConvertiblePreferred Stock, for the annual period ending August 31, 2005, payable onSeptember 30, 2005 to the holders of record on September 1, 2005.

 

8.     P1.00 peroutstanding share of the Company’s Series Q 10% Cumulative ConvertiblePreferred Stock, for the annual period ending August 31, 2005, payable onSeptember 30, 2005 to the holders of record on September 1, 2005.

 

9.     P1.00 peroutstanding share of the Company’s Series V 10% Cumulative ConvertiblePreferred Stock, for the annual period ending August 31, 2005, payable onSeptember 30, 2005 to the holders of record on September 1, 2005.

 

 

 

10.     P1.00 peroutstanding share of the Company’s Series Z 10% Cumulative Convertible PreferredStock, for the annual period ending August 31, 2005, payable on September 30,2005 to the holders of record on September 1, 2005

 

 

            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

 

 

August 4, 2005
****
 

 

SIGNATURES

 

 

 

Pursuant tothe 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

CorporateSecretary

 

 

 

Date:  August 4, 2005