Report on Foreign Ownership of Shares of Listed Companies

January 30, 1998 PSE CIRCULAR FOR BROKERS NO. 010-98 SUBJECT : Report on Foreign Ownership of Shares of Listed Companies Pursuant to Circular No. 260 dated July 18, 1996, Series of 1996 on "Foreign Ownership Level", please find attached the list of companies whose remaining number of shares that could be owned by foreigners (out of the total percentage allowed by law) is ten percent (10%) or less. cdasaia For your information. (SGD.) MARIA ISABEL T. GARCIA Head, Listing & Disclosures Group Attachment of Circular for Brokers No. 10-98 dated January 30, 1998 Foreign Ownership Report on Listed Companies whose Level of Foreign-Owned Shares are in the Critical Level (i.e. the remaining number of shares that foreigners may own out of the total limit allowed by law is 10% or less) Total Shares Shares Outstanding Allowed to Owned by Cut-off Issuer Shares Foreigners Foreigners % Date A Soriano Corp. 3,035,689,042 1,214,275,616 1,113,281,556 36.67% 01/14/98 Asian Terminals, Inc. 1,000,000,000 400,000,000 400,000,000 40.00% 01/16/98 Centennial City, Inc. 6,000,000,000 2,400,000,000 2,011,148,525 33.52% 12/03/97 Digital Telecom. Phils., Inc. 6,356,976,310 2,542,790,524 2,149,709,590 33.82% 01/16/98 Easycall Comm. Phils., Inc. 63,328,846 25,331,538 25,201,076 39.79% 01/16/98 Far East Bank & Trust Co. 517,487,470 206,994,988 175,688,575 33.95% 01/16/98 Guoco Holdings Phils., Inc. 2,366,444,383 946,577,753 802,257,479 33.90% 01/09/98 Hi-Cement Corp. 768,500,220 307,400,088 248,598,231 32.35% 01/07/98 Int'l Container Term'l Services, Inc. 922,293,254 368,917,301 368,571,511 39.96% 01/20/98 Kuok Phil. Properties, Inc. 3,841,854,596 1,536,741 1,503,269,415 39.13% 01/16/98 Lorenzo Shipping Corp. 300,751,880 120,300,752 106,336,731 35.36% 01/16/98 Mabuhay Holdings Corp. 1,200,000,000 480,000,000 366,457,863 30.54% 01/21/98 Mariwasa Mfg., Inc. 399,999,969 159,999,987 156,818,221 39.20% 01/16/98 Phil. Commercial Internat'l Bank 152,242,035 45,672,610 41,312,320.99 27.136% 01/15/98 Phil. Banking Corp. 28,726,132 8,617,840 5,813,623 20.24% 12/31/97 Phil. National Bank 137,480,171 54,992,068 47,454,334 34.52% 01/19/98 Pryce Corp. 1,610,000,000 644,000,000 640,912,668 39.81% 01/12/98 Southeast Asia Cem't Hold'gs, Inc. 5,096,833.330 2,038,733,332 2,027,353,307 39.78% 01/20/98