Notice of Regular Annual-Meeting

June 4, 1998 PSE CIRCULAR FOR BROKERS NO. 1241-98 NOTICE OF ANNUAL STOCKHOLDERS' MEETING To all Stockholders: Please take notice that the annual meeting of stockholders of the Corporation for 1998 shall be held on Tuesday, June 30, 1998 at 3:00 p.m. at the Penthouse, Via Mare Restaurant, Philippine Stock Exchange Centre, Exchange Road, Ortigas Centre, Pasig City Metro Manila, to consider the following AGENDA 1. Call to Order 2. Proof of Notice of Meeting 3. Certification of Quorum 4. Approval of the Minutes of the Previous Stockholders' Meeting 5. President's Address and Presentation of Financial Statements 6. Election of Directors 7. Appointment of External Auditor 8. Other Matters 9. Adjournment The Board of Directors has, in accordance with the By-Laws, fixed the close of business on May 13, 1998 as the record date for the determination of the stockholders entitled to notice of and to vote at such meeting and any adjournment thereof. In case you cannot personally attend the meeting, and you wish to send a representative, you may accomplish the proxy form below and return the same to the Secretary of the Corporation at the above address at least three (3) days before the date set for the meeting as prescribed by the By-Laws. (SGD.) MELANIE A. LIMSON-ZERRUDO Assistant Corporate Secretary PROXY I/WE, hereby nominate, constitute and appoint: _______________________________________________________ with right of substitution and revocation, to represent and vote all shares registered in my name or owned by me and/or such shares as I am authorized to represent and vote in my capacity as administrator, executor or attorney-in-fact at the annual shareholders' meeting of June 30, 1998 of VANTAGE EQUITIES, INC ., and at all adjournments and postponements thereof, as fully to all intents and purposes as I/we might or could do if present. This proxy revokes all proxies which I/we may have previously executed in favor of a person or persons other than the person named above. This proxy shall be effective until withdrawn by me through notice in writing, or superseded by subsequent proxy, delivered to the Secretary at least three (3) days before the annual stockholders' meeting or any adjournments and postponements thereof, but shall not apply in instances where I personally attend the meeting. EXECUTED ON ________________ at __________________. _________________________ Printed Name & Signature Witness: _______________