PSE Circular for Brokers No. 084-00

January 13, 2000 PSE CIRCULAR FOR BROKERS NO. 084-00 SUBJECT : Fil-Estate Corporation Additional Listing The Exchange approved on December 8, 1999 the listing application of FIL-ESTATE CORPORATION to list additional 100,000,000 common shares, with a par value of R1.00 per share, to cover the following: 1. 30,694,304 common shares, to cover the private placement of Alakor Securities Corporation, at a subscription price of P1.00 per share; and 2. 69,305,696 common shares, to cover the conversion of debt to equity of Alakor Securities Corporation, at a conversion price of P1.00 per share. Said debt has been fully-converted to common shares on May 9, 1997. Further, the Exchange approved the reduction of 150,000. common shares from the number of listed shares of the Company. This represents the stock option shares reserved for Pentepec International, Inc., that have expired as at December 31, 1978. In view thereof. the listing of 100,000,000 common shares and the reduction of 150,000 common shares are set for Monday, January 17, 2000. The designated Stock Transfer Agent is hereby authorized to record and register in its books the above number of shares. For your information and guidance. (SGD.) MARIA ISABEL T. GARCIA OIC, Listings and Disclosure Group