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SM Prime Holdings, Inc.

PSE Circular for Brokers No. 1283-98 • Philippine Stock Exchange • Circulars for Brokers • Jun 9, 1998

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June 9, 1998 PSE CIRCULAR FOR BROKERS NO. 1283-98 June 5, 1998 Philippine Stock Exchange Tektite Tower, Ortigas Avenue, Ortigas Center, Pasig City Fax No. 634-2051 Attention: Disclosure Dept . Listing Group Re : SM Prime Holdings, Inc . Dear Sirs : This is to advised that the P.06 per share cash dividend declared in favor of Stockholders of record as of May 22, 1998 is payable in June 15, 1998. Best regards. CASH DIVIDEND UPDATE CASH P 0.06/SHARE EX-CASH MAY 18, 1998 RECORD DATE MAY 22, 1998 DATE PAYABLE JUNE 15, 1998 Very truly yours, (SGD.) EMMANUEL C. PARAS Corporate Secretary SM Prime Holdings, Inc .

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