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Matsushita Electric Philippines Corporation

PSE Circular for Brokers No. 1447-98 • Philippine Stock Exchange • Circulars for Brokers • Jun 26, 1998

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June 26, 1998 PSE CIRCULAR FOR BROKERS NO. 1447-98 SUBJECT : Matsushita Electric Philippines Corporation Further to Circular No. 841-98 dated April 28, 1998, Far East Bank and Trust Company, as stock transfer agent of Matsushita Electric Philippines Corporation ("MEP"), informed the Exchange, in a letter dated June 25, 1998, that the issuance date for MEP's 10% stock dividend declaration, to stockholders of record as of June 30, 1998 , shall be on July 30, 1998 . The same will be made available at the office of the Corporate Secretary, Atty. Mamerto Z. Mondragon, at Raja Sulayman Building, 108 Benavidez Street, Legaspi, Village, Makati City. For your information. (SGD.) REYNOLD P. ONG Vice-President, Listings and Disclosure Group STOCK DIVIDEND UPDATE STOCK 10% EX-STOCK June 24, 1998 RECORD DATE June 30, 1998 ISSUE-DATE July 30, 1998

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