Far Eastern University

May 28, 1998 PSE CIRCULAR FOR BROKERS NO. 1171-98 SUBJECT : Far Eastern University Far Eastern University ("FEU") furnished the Exchange on May 27, 1998 a copy of SEC Form 34-A (Definitive Proxy Statement) in connection with its Annual Stockholders' Meeting which will be held on June 20, 1998, at 3:00 p.m., at the Archives Hall, Third Floor, Administration Building, FEU, Nicanor Reyes, Sr. Street, Sampaloc Manila. The agenda for the meeting shall be as follows: 1. Determination of Quorum 2. Proof of Notice 3. Approval of Minutes of Previous Meetings a. Regular - June 21, 1997 b. Special - March 27, 1998 4. Academic Report of the President 5. Approval of the Annual Report of the Chairman 6. Ratification and Confirmation of the Actions of the Board of Trustees 7. Election of Trustees 8. Appointment of External Auditor 9. Other Matters For the purpose of said meeting, the transfer book of the corporation will be closed from June 10, 1998 to June 20, 1998, both dates inclusive. A copy of FEU's Definitive 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 Disclosure Group