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PSE Circular for Brokers No. 120-00

PSE Circular for Brokers No. 120-00 • Philippine Stock Exchange • Circulars for Brokers • Jan 20, 2000

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January 20, 2000 PSE CIRCULAR FOR BROKERS NO. 120-00 January 19, 2000 PHILIPPINE STOCK EXCHANGE, INC. PSE Centre, Exchange Road Ortigas Center, Pasig City Fax No. 637-88-11 Attention: Listings and Disclosure Group RE : Notice of Call for Payment of Subscription Gentlemen : In compliance with your disclosure requirement, please be advised that at the Special Meeting of the Board of Directors of Vulcan Industrial & Mining Corporation (VIMC) held this afternoon, January 19, 2000, the said Board, by resolution, had made a partial cash call for the payment of subscriptions, not credited as fully paid, to the P300 Million increase capitalization of VIMC approved by the SEC in 1995, in the amount equivalent to five(5%) percent worth of subscribed par value shares and made payable on or before February 15, 2000. prcd Thank you. Very truly yours, (SGD.) MARIANO L. CELIS II Asst. Corporate Secretary Vulcan Industrial & Mining Corp .

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