Wise Holdings, Inc.

May 24, 1999 PSE CIRCULAR FOR BROKERS NO. 1173-99 SUBJECT : Wise Holdings, Inc . Please be informed that the Annual Stockholders' Meeting of Wise Holdings, Inc. ("WHI") will be held on June 30, 1999 , Wednesday, at 9:00 a.m., at the Boardroom, 5th Floor, Wise Center, 142 Amorsolo Street, Legaspi Village, Makati City. The agenda for the meeting shall be as follows: 1. Call to Order 2. Certification by the Corporate Secretary on the sending of notices and existence of a quorum 3. Reading and Approval of the minutes of the last annual meeting of the stockholders 4. Report of the President 5. Consideration and Approval of Financial Statements for the preceding year 6. Ratification of actions taken by the Board of Directors and Officers of the corporation since the last annual meeting of the stockholders 7. Election of Directors 8. Other Matters 9. Adjournment Any stockholder who cannot attend the meeting in person may execute a proxy form and submit the same to the Office of the Corporate Secretary not later than five (5) working days before the meeting, or, on or before June 24, 1999. Registration starts at 8:30 a.m. Only stockholders of record as of May 31, 1999 are entitled to notice of, and to vote at, said meeting. For your information. (SGD.) RAFAEL L. LLAVE Chief Operating Officer