Far Eastern University

June 8, 1999 PSE CIRCULAR FOR BROKERS NO. 1344-99 SUBJECT : Far Eastern University Far Eastern University ("FEU") furnished the Exchange a copy of its SEC Form 34-A (Definitive Proxy Statement) in connection with its Annual Stockholders' Meeting which will be held on June 19, 1999 , at 3:00 p.m., at the Archives Hall, Third Floor, Administration Building, FEU, Nicanor Reyes, Sr. St., Sampaloc, Manila. The agenda for the meeting shall be as follows: 1. Determination of Quorum 2. Proof of Notice 3. Approval of Minutes of Previous Meeting June 20, 1998 4. Academic Report of the President 5. Approval of the Annual Report of the Chairman 6. Ratification and Confirmation of the Actions of the Board of Trustees 7. Election of Trustees 8. Appointment of External Auditor 9. Other Matters Stockholders of record as of April 30, 1999 are entitled to notice of, and to vote at, said meeting. For the purpose of this meeting, the transfer book of the corporation will be closed from June 8, 1999 to June 18, 1999, both dates inclusive. A copy of FEU's Definitive Proxy 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