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Prime Gaming Philippines, Inc. ("PGPI")

PSE Circular for Brokers No. 1202-98 • Philippine Stock Exchange • Circulars for Brokers • Jun 1, 1998

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June 1, 1998 PSE CIRCULAR FOR BROKERS NO. 1202-98 29 May 1998 PHILIPPINE STOCK EXCHANGE 4/F Philippine Stock Exchange Center Exchange Road, Ortigas Center Pasig City, Metro Manila Attention: Mr . Joselito V . Santos Acting Head, Compliance & Surveillance Dept . RE : Prime Gaming Philippines, Inc . ("PGPI") Gentlemen : We refer to your letter dated 29 May 1998. We apprise that we are not aware of any reasons for the substantial increase in the PGPI's traded share price on 29 May 1998 and that all material development in PGPI's business have been previously disclosed. Very truly yours, (SGD.) JOSE A. BERNAS Corporate Secretary

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