F & J Prince Holdings Corporation

June 1, 1999 PSE CIRCULAR FOR BROKERS NO. 1261-99 SUBJECT : F & J Prince Holdings Corporation Further to Circular No. 625-99 dated March 29, 1999, F & J Prince Holdings Corporation ("FJP") furnished the Exchange a copy of its SEC Form 34-A (Proxy Statement), including its Annual Report for the period ended December 31, 1998, in connection with its Annual Stockholders' Meeting which will be held on June 16, 1999 at 4:00 p.m., at the Ilang-Ilang Hall, Club Filipino, Eisenhower cor. McKinley Streets, Greenhills, San Juan, Metro Manila. The agenda for the said meeting is as follows: 1. Call to Order 2. Proof of Notice and Quorum 3. Approval of Minutes of the Annual Meeting of the Stockholders held on 24 June 1998 4. Management Reports 5. Presentation and Approval of Audited Financial Statements as of 31 December 1998 6. Ratification of Corporate Actions Taken 7. Election of Directors 8. Appointment of External Auditor for the Fiscal Year January to December 1999 9. Other Matters 10. Adjournment Stockholders of record as of April 30, 1999 are entitled to notice of, and to vote, at, said meeting. LexLib A copy of FJP's Proxy Statement, including its Annual Report for the period ending December 31, 1998, is available for reference at the PSE Library and PSE-Plaza Administration Office. For your information. (SGD.) JOSE LUIS U. YULO, JR. President & CEO