APC Group, Inc.

June 11, 1999 PSE CIRCULAR FOR BROKERS NO. 1373-99 SUBJECT : APC Group, Inc . Further to Circular No. 791-99 dated April 19, 1999, APC Group, Inc. ("APC") furnished the Exchange a copy of its SEC Form 34-C (Definitive Information Statement) in connection with its Annual Stockholders' Meeting which will be held on June 25, 1999 , at 2:00 p.m., at the Boracay Room, Shangri-La EDSA Plaza Hotel, Mandaluyong City. The agenda for the meeting shall be as follows: 1. Call to Order 2. Proof of Notice of Meeting 3. Certification of Quorum 4. Approval of the Minutes of the Previous Meeting of Stockholders 5. Approval of 1998 Operations and Results 6. Election of Directors 7. Appointment of Sycip Gorres Velayo & Co. as External Auditors 8. Other matters 9. Adjournment As previously announced, stockholders of record as of April 30, 1999 are entitled to notice of, and to vote, at, said meeting. Stockholders who cannot attend the meeting may execute a proxy form which should be received by the corporation at least three (3) days before the date of the meeting, or on or before June 22, 1999. cdlex A copy of APC'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