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Philippine Stock Exchange

PSE Circular for Brokers No. 133-98 • Philippine Stock Exchange • Circulars for Brokers • Feb 13, 1998

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February 13, 1998 PSE CIRCULAR FOR BROKERS NO. 133-98 February 11, 1998 PHILIPPINE STOCK EXCHANGE Philippine Stock Exchange Center Exchange Road, Ortigas Center City of Pasig Attention : Ms . Maria Isabel T. Garcia Listing Group Compliance and Monitoring Department In compliance with our obligations under the Revised Securities Act, please take notice that the Money Market Operations Department of the Securities and Exchange Commission has issued Resolution No. 04, Series of 1998. Said Resolution exempts from the registration requirements of the RSA the issuance of 896,769,000 common shares of MARSMAN & COMPANY, INC. in favor of Zuellig Pharma Corporation and Mercator Securities Corporation. Said shares will be issued pursuant to a Property for Share Swap Agreement by Marsman with Zuellig Pharma Corporation and Mercator Securities Corporation. (SGD.) AVELINO M. SEBASTIAN, JR. Corporate Secretary

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