Fidel V. Ramos Lakas Joseph Estrada

Gloria Macapagal Arroyo Lakas Neptali Gonzales

In the presidential election, Vice President Joseph Estrada won a six-year term as president by a landslide victory.

In the vice-presidential race, Senator Gloria Macapagal Arroyo won a six-year term as vice president also by a landslide victory.

The newly created province of Compostela Valley (now known as "Davao de Oro") held its first local elections on this day as well.