Omico Corporation

May 21, 1999 PSE CIRCULAR FOR BROKERS NO. 1161-99 SUBJECT : Omico Corporation Please be informed that the Annual Stockholders' Meeting of Omico Corporation ("OM") will be held on June 25, 1999 , at 10:00 a.m., at the Makati Sports Club, Alfaro corner Gallardo St., Salcedo Village, Makati City. The agenda for the meeting shall be as follows: 1. Certification of Notice and Quorum for the Meeting by the Corporate Secretary 2. Reading and Approval of the Minutes of the Annual Stockholders' Meeting held on 26 June 1998 3. Annual Report of the President 4. Ratification of the Acts and Proceedings of the incumbent Board of Directors and Corporate Officers from 26 June 1998 5. Election of Directors 6. Election of External Auditors 7. Approval of the Amendment of the Articles of Incorporation to Reduce the Number of Directors from Eleven (11) to Seven (7) 8. Other Business 9. Adjournment Minutes of the last Annual Stockholders' Meeting held on 26 June 1998 and the Minutes of the Meetings of the Board of Directors from 26 June 1998 may, upon request, be examined at the Office of the Corporate Secretary during business hours. LLjur Stockholders of record as of June 5, 1999 shall be entitled to notice of, and to vote, at, said meeting or any adjournment thereof. Any stockholder who cannot attend the meeting in person may appoint a proxy by executing a proxy form which should be submitted to the office of the Secretary no later than Wednesday, 16 June 1999. Corporate stockholders should attach to their proxies their respective board resolution(s) authorizing the execution of the same. LibLex Registration will start at 9:30 a.m. To facilitate the registration of attendance, stockholders are requested to present any form of identification, Such as passport, drivers license or voter's I.D. For your information. (SGD.) RAFAEL L. LLAVE Chief Operating Officer