BOGO-MEDELLIN MILLING CO., Inc.

January 8, 1999 PSE CIRCULAR FOR BROKERS NO. 036-99 SUBJECT : BOGO-MEDELLIN MILLING CO., INC. Bogo-Medellin Milling Co., Inc. ("BMM") furnished the Exchange a copy of its SEC Form 34-C (Definitive Information Statement) in connection with its Annual Stockholders' Meeting which will be held on January 26, 1999 , at 10:00 A.M. at the principal office of the Company, Boardroom, Jardine Davies Building, 222 Sen. Gil J. Puyat Avenue, Makati City. The agenda for the meeting shall be as follows: 1. Call to Order; 2. Certifications of Notice and Quorum; 3. Approval of the Minutes of the Annual and Special Meetings of the Stockholders held on January 30, 1998 and July 9, 1998, respectively; 4. President's Report; 5. Approval of the Audited Financial Statements for the fiscal year ended September 30, 1998; 6. Reappointment of External Auditors; 7. Appointment of Election Inspectors; 8. Election of Directors; 9. Transaction of such other matters as may properly come before the meeting; and 10. Adjournment Only stockholders of record as at the close of business of December 31, 1998 are entitled to notice of, and to vote at, said meeting. aisadc A copy of BMM's Definitive Information Statement is available for reference at the PSE Library and PSE-Plaza Administration Office. For your information. (SGD.) RAFAEL L. LLAVE Chief Operating Officer