Article: Telefonica del Peru Announces Resolutions Passed at Its A-1 Shareholders and Board of Directors Meetings

LIMA, Peru, Sept. 16 /PRNewswire/ -- Telefonica del Peru (NYSE: TDP), announced today the resolutions passed at its Class A-1 Shareholders and Board of Directors meetings held on September 15, 1998.

The following resolutions were passed at the Class A-1 Shareholders meeting:

-- Mr. Fernando Panizo Arcos resigned as Class A-1 Director and was

replaced by Mr. Jose Ramon Vela Martinez who consequently resigned

as Class A-1 Substitute Director.

-- Mr. Santiago Antunez de Mayolo Morelli was elected Class A-1 Substitute

Director for Mr. Vela.

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