Pacific Cement Company, Inc.

May 20, 1999 PSE CIRCULAR FOR BROKERS NO. 1144-99 SUBJECT : Pacific Cement Company, Inc . Pacific Cement Company, Inc. ("PCC') furnished the Exchange a copy of its SEC Form 34-C (Definitive Information Statement), including its 1998 Audited Consolidated Financial Statements, in connection with its Annual Stockholders' Meeting which will be held on June 15, 1999 at 9:30 a.m. at the PACEMCO Conference Hall, Km. 11, Surigao City. The Agenda for the meeting shall be as follows: 1. Call to order 2. Secretary's Proof of Notice and Quorum 3. Approval of the Minutes of the Annual Stockholders' Meeting held on April 30, 1998 4. President's Report on the Results of Operations for the Year 1998 5. Approval of the 1998 Annual Report 6. Ratification of Corporate Acts 7. Ratification of Proposed Amendment to Article Seventh of the Amended Articles of Incorporation 8. Authorization for Issuance of Securities 9. Election of Directors for the ensuing year 10. Appointment of External Auditor 11. Such other businesses as may properly come before the meeting 12. Adjournment Stockholders of record as of April 30, 1999 are entitled to notice of and to vote at the said meeting. A copy of PCC's Definitive Information Statement, together with its 1998 Audited Consolidated Financial Statements, is available for reference at the PSE Library and PSE-Plaza Administration Office. For your information. (SGD.) RAFAEL L. LLAVE Chief Operating Officer