PSE Circular for Brokers No. 1318-98

June 15, 1998 PSE CIRCULAR FOR BROKERS NO. 1318-98 DATE : June 15, 1998 SUBJECT : Philtread Tire & Rubber Corporation Philtread Tire & Rubber Corporation ("PTR") furnished the Exchange a copy of SEC Form 34-C (Definitive Information Statement) in connection with its Annual Stockholders' Meeting which will be held on June 29, 1998 , at 4:30 p.m., at the Turf Room, Manila Polo Club, McKinley Road, Forbes Park, Makati City. The agenda for the meeting shall be as follows: 1. Proof of the required notice of the meeting 2. Proof of the presence of a quorum 3. Reading of the minutes of the previous meeting and action thereon 4. Report of the Board of Directors 5. Action on the acts and proceedings of the Board of Directors during the preceding year 6. Appointment of inspectors of election to serve until the close of the next annual meeting 7. Appointment of independent auditors 8. Election of directors for the ensuing year 9. Other business as may properly come before the meeting 10. Adjournment. Stockholders of record as of March 30, 1998 are entitled to notice of, and to vote at, said meeting. A copy of PTR's Definitive Information Statement is available for reference at the PSE Library and PSE-Plaza Administration Office. For your information. (SGD.) REYNOLD P. ONG Vice-President, Listings and Disclosure Group