Said Gloria as she clutched her trophy close to her heart: "I’ve never been so happy. I am grateful not just to the Film Academy but to Star Cinema as well. I want to thank everybody involved in the making of Tanging Yaman. The director, Laurice Guillen, my co-stars and the crew.
"I want also to share this award with my daughter Maritess and my grandson," she concluded.
Amy Austria was awarded the best supporting actress trophy for another Star Cinema movie, Anak. Ms. Guillen was adjudged best director for Tanging Yaman which was also given the best picture award.
Ricky Lee and Raymund Lee won the best screenplay for Anak. Ramon Reyes was the recipient of the best sound trophy for Tanging Yaman.