Alaska missed a chance to forge a playoff with Mobiline, which pick up the fifth semifinals berth with a victory over league-leading Gordon's Gin in the second game, thus ending their streak of eight consecutive finals appearance.
Alaska won six of their eight matches in the semifinals and overcame San Miguel's plus 12 quotient in an 87–71 victory over the Beermen on August 17 to automatically clinch the first finals berth with their 11th win in 18 outings, leaving sister teams Gordon's Gin and San Miguel to dispute the second finals seat.
On October 27, pre-season acquisitions Dwight Lago and Boyet Fernandez were traded to Pop Cola for Kenneth Duremdes and Edgar Tanuan.
[3] Duremdes' entry gave the Milkmen an additional firepower which they missed at the start of the season following Jeffrey Cariaso's departure to Mobiline.
The finals victory gave the Milkmen their seventh league crown as they overtake the defunct Presto ballclub as the fourth winningest franchise.