Grand Plaza Hotel Corporation

June 26, 1998 PSE CIRCULAR FOR BROKERS NO. 1436-98 SUBJECT : Grand Plaza Hotel Corporation Further to Circular No. 1341-98 dated June 17, 1998, Grand Plaza Hotel Corporation ("GPH") furnished the Exchange on June 24, 1998 a copy of SEC Form 34-C (Definitive Information Statement) in connection with its Annual Stockholders' Meeting which will be held on July 17, 1998 , at 10:30 a.m., at the Heritage Hotel Ballroom, EDSA Extension, Pasay City. The agenda for the meeting shall be as follows: 1. Certification of Quorum 2. Presentation of the 1997 Annual Report 3. Approval of the Minutes of the Stockholders Meeting of 15 May 1997 4. Ratification of all acts and proceedings of the Board of Directors, acting within the scope of their delegated authority, during the year 1997 5. Election of the Board of Directors 6. Election of external auditors and authority of directors to fix auditors' remuneration 7. Consideration of such other business as may properly come before the meeting 8. Adjournment Stockholders of record as of June 15, 1998 are entitled to notice of, and to vote at said meeting. LexLib A copy of GPH'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