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SOC-M-12016

PSE Circular for Brokers No. 1005-98 • Philippine Stock Exchange • Circulars for Brokers • May 12, 1998

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May 12, 1998 PSE CIRCULAR FOR BROKERS NO. 1005-98 May 8, 1998 The PHILIPPINE STOCK EXCHANGE Compliance and Surveillance Department Tektite Towers, Exchange Road Ortigas Center, Pasig City Attention: Atty . Joselito Santos Acting Head RE : SOC-M-12016 Gentlemen : Please be informed that the stockholders of South China Petroleum and Exploration, Inc., at their annual meeting just adjourned, have approved the amendment of the Company's Amended Articles of Incorporation changing the corporate name from South China Petroleum & Exploration, Inc. to South China Resources, Inc. Yours faithfully, (SGD.) JAIME M. BLANCO, JR. Corporate Secretary

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