PSE Circular for Brokers No. 018-99

January 6, 1999 PSE CIRCULAR FOR BROKERS NO. 018-99 January 5, 1999 DISCLOSURE DEPARTMENT Listings and Disclosure Group 4/F, Philippine Stock Exchange Center, Exchange Road Ortigas Center, Pasig City Attention : Mr . Reynard P . Hong Vice-President, Listings and Disclosure Group RE : Special Stockholders' Meeting of Dharmala Philippines, Inc . Gentlemen : Dharmala Philippines, Inc. shall hold a special stockholders' meeting on February 16, 1999 at 10:00 a.m. at the Dharmala Center, 142 Amorsolo Street, Legazpi Village, Makati City in order to seek stockholders' approval of its change of corporate name to "Wise Holdings, Inc.". Photocopy of its Notice of Special Stockholders' Meeting is hereto attached. Very truly yours, (SGD.) HELEN C. DE LEON-MANZANO Corporate Secretary NOTICE OF SPECIAL STOCKHOLDERS' MEETING NOTICE IS HEREBY GIVEN that the special meeting of the stockholders of Dharmala Philippines, Inc. will be held at Dharmala Center, 142 Amorsolo Street, Legazpi Village, Makati City on Tuesday, February 16, 1999 at 10:00 a.m. The agenda for the meeting shall be as follows: 1. Call to Order; 2. Certification by the Corporate Secretary on the sending of notices and existence of Quorum; 3. Reading and Approval of the minutes of the last annual meeting of the stockholders; 4. Amendment of Article I of the Articles of Incorporation (Change of Name to Wise Holdings, Inc.) 5. Amendment of Article I, Section 3 (Notices) of the By Laws; 6. Other Matters; and 7. Adjournment. Registration starts at 9:30 a.m. Only stockholders of record as of December 31, 1998 are entitled to and be voted during the meeting. Makati City, Metro Manila, January 5, 1999. (SGD.) HELEN C. DE LEON-MANZANO Corporate Secretary