1999 PBA Governors' Cup finals

The San Miguel Beermen captured their second straight title of the season with a 4–2 series victory over Alaska Milkmen.

The Beermen won their 13th PBA crown and are now the winningest ballclub, tied with the famed Crispa Redmanizers for most titles.

Abarrientos drilled in the technical free throw, then nailed a jumper over Olsen Racela and the outstretched arms of Lamont Strothers to knot the count at 76-all, and send the game to a second overtime.

Johnny Abarrientos set the tone for Alaska's comeback with a three-point shot to kick off a 17–0 windup by the Milkmen and held the Beermen scoreless to win the game.

Alaska led 54–53 going into the final quarter, a four straight points by Freddie Abuda, first on a follow-up shot on Strothers' miss and then on a backdoor play gave San Miguel a 59–56 edge, both teams had a scoring drought for three and a half minutes until Danny Seigle converted on a three-point play to give the Beermen a six-point cushion, 62–56, back-to-back baskets by Jojo Lastimosa and Kenneth Duremdes trim down the Beermen lead to two, 62–60, time down to 4:51, Danny Seigle has taken over the Beermen' scoring as the game went down to the final two minutes, with the score at 68–66 for San Miguel, Seigle losses the ball resulting to Duremdes converting a basket plus a foul with 1:25 left, Duremdes missed his bonus free throw and the game was tied at 68-all, Seigle was fouled by Duremdes with 1:14 to go and hit his two free throws to give San Miguel a 70–68 lead, a series of errors first with Alaska's Chambers losing the ball and Duremdes called for traveling violation and then Seigle on the next play was called for an advantage foul on Chambers after the ball was strip in his hands, Chambers split his free throw with 38.3 seconds remaining and Alaska got the ball possession after Chambers missed his second free throw, on an inbound play with 26.9 seconds left, Duremdes forces his shot and missed, Seigle was fouled with 7.7 seconds remaining by Duremdes, who was called for his sixth personal foul, Seigle converted on his two free throws to give San Miguel a 72–69 lead, on the final play in the last 5.6 seconds, Johnny Abarrientos eluded his defenders and had an open look from the three-point line but missed as the buzzer sounded, giving San Miguel the victory.