Pryce Corporation

June 3, 1999 PSE CIRCULAR FOR BROKERS NO. 1301-99 SUBJECT : Pryce Corporation Pryce Corporation ("PPC") informed the Exchange that the Annual Stockholders' Meeting of PPC scheduled on May 26, 1999 was postponed to June 9, 1999 at 3:00 p.m. at the Ground Floor, Balmori Room, The Peninsula Manila, Makati Avenue corner Ayala Avenue, Makati City. In this connection, PPC furnished the Exchange a copy of its SEC Form 34-C (Definitive Information Statement). The agenda for the meeting shall be as follows: 1. Call to order and determination of quorum 2. Approval of minutes of the previous meeting 3. President's Report 4. Approval of Annual Report 5. Ratification of management acts 6. Election of Board of Directors 7. Appointment of External Auditors 8. Other matters 9. Adjournment Stockholders of record as of May 15, 1999 are entitled to notice of, and to vote at said meeting. A copy of PPC's Definitive Information Statement is available for reference at the PSE Library and PSE-Plaza Administration Office. For your information. (SGD.) JOSE LUIS U. YULO, JR. President and CEO