San Miguel Beer won their 9th PBA title, defeating defending champion Purefoods Tender Juicy Hotdogs in a classic, seven-game series. It was the Beermen's first championship in the 1990s after winning the Grandslam three years ago.
San Miguel took control in the series opener during the second quarter, lead by as much as 14 points in the final period, with the score at 79-66, Alvin Patrimonio took charge, scoring seven straight points, as the hotdogs close to within, 79-73, Samboy Lim scored on a layup, and clutch baskets by Hector Calma and Ato Agustin sealed the victory.
The hotdogs were up, 108-101 when a 10-2 run by the beermen, regain the upperhand at 111-110, Ramon Fernandez bungled a pass in the dying seconds that led to Alvin Patrimonio scoring two free throws, Fernandez missed on a turn around shot with five seconds left, giving Purefoods the win.
Purefoods fell behind by 19 points, and were down by 14, 89-75 going into the final quarter, came within four at 100-96, mainly on the exploits of Boy Cabahug, the beermen answered with a 7-0 run, with Ato Agustin scoring on a drive, Yves Dignadice converting a three-point play off a sixth foul by Alvin Patrimonio, and two free throws by Samboy Lim put the game away at 107-96, with 1:58 left. 
Hector Calma completed a crucial interception with two seconds left as San Miguel escaped with a one-point victory, Calma snatched a pass by Jerry Codinera to a streaking Dindo Pumaren at midline to preserved a near-fatal finish by the beermen, who went scoreless in the last 2:50, the Hotdogs trailed by as many as 21 points in the second quarter, battled back behind Boy Cabahug, who scored 35 points, and Alvin Patrimonio, Purefoods forces the beermen to two 25-second violation in the last 2:50 and Patrimonio and Cabahug translate this San Miguel-fold up into a nine-point blast by the hotdogs to came within a point, 98-99. 
San Miguel went ahead, 87-81 in the fourth period when six straight points by the hotdogs tied the count at 87-all, from a 95-92 deficit, Alvin Patrimonio scored 11 straight points going into the last two minutes, the beermen failed to score in the last 1:05. 
From a 49-45 halftime score, San Miguel opened the third quarter with Samboy Lim and Ato Agustin providing the points, zoomed to double-digit leads, the last at 70-58 on a triple by Bong Ravena, a 9-2 run by the hotdogs close the gap at 72-67 going into the last 12 minutes, the beermen broke the game wide-open in the fourth quarter with a 9-0 blast as Ramon Fernandez converted on a three-point play to give San Miguel an 81-67 lead, Ato Agustin's jumper gave the beermen their largest margin at 93-74.