F & J Prince Holdings Corporation

May 26, 1998 PSE CIRCULAR FOR BROKERS NO. 1127-98 SUBJECT : F & J Prince Holdings Corporation Further to Circular No. 602-98, dated April 3, 1998, F & J Prince Holdings Corporation ("FJP") furnished the Exchange on May 22, 1998 a copy of SEC Form 34-A (Preliminary Proxy Statement) in connection with its Annual Stockholders' Meeting which will be held on June 24, 1998 , at 3:00 p.m., at the Ilang-Ilang Hall, Club Filipino, Eisenhower cor. Mckinley Streets, Greenhills, San Juan, Metro Manila. The agenda for the meeting shall be as follows: 1. Call to Order 2. Proof of Notice and Quorum 3. Approval of Minutes of the Annual Meeting of the Stockholders held on 29 July 1997 4. Management Reports 5. Ratification of Corporate Actions Taken 6. Presentation and Approval of Audited Financial Statements as of 31 December 1997 7. Election of Directors 8. Appointment of External Auditor for the Fiscal Year January to December 1998 9. Other Matters 10. Adjournment As previously announced, stockholders of record as of May 29, 1998 are entitled to notice of, and to vote at, said meeting. A copy of FJP's Preliminary Proxy Statement is available for reference at the PSE Library and PSE-Plaza Administration Office. For your information. (SGD.) REYNOLD P. ONG Vice-President, Listings and Disclosures Group