Global Equities, Inc.

June 14, 1999 PSE CIRCULAR FOR BROKERS NO. 1383-99 SUBJECT : Global Equities, Inc . Further to Circular No. 1000-99 dated May 6, 1999, Global Equities, Inc. ("GEI") 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 30, 1999 , at 9:00 a.m., at the Manila Polo Club, Makati City. The agenda for the meeting shall be as follows: 1. Call to Order 2. Certification of Notice and Quorum 3. Reading and Approval of the Minutes of the Stockholders' Meeting held on 18 May 1998 LibLex 4. Management Report for 1998 5. Approval of Audited Financial Statements as of 31 December 1998 6. Approval of amendments to Directors' Stock Option Plan 7. Approval of amendments to Management Stock Option Plan 8. Ratification of all acts, resolutions and proceedings of Management and the Board of Directors 9. Election of Directors 10. Appointment of External Auditors 11. Other matters 12. Adjournment As previously announced, stockholders of record as of May 31, 1999 are entitled to notice of, and to vote, at, said meeting. Stockholders who will not be able to attend the meeting may designate their respective proxies and send the proxy forms to the Office of the Corporate Secretary not later than 28 June 1999. aisadc A copy of GEI'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