Regular Annual Meeting

February 17, 1998 PSE CIRCULAR FOR BROKERS NO. 149-98 REGULAR ANNUAL MEETING March 31, 1998, 8:00 a.m. Ballroom A Mandarin Oriental Hotel Makati City 1. Call to Order; 2. Certification by the Corporate Secretary on the sending of notices and existence of a quorum; 3. Reading and Approval of the minutes of the last Annual Stockholders Meeting; 4. Report of the President; 5. Approval of Financial Statements for the fiscal year ended December 31, 1997; 6. Ratification of actions taken by the Board of Directors and Officers for the previous year, 7. Appointment of External Auditors; 8. Election of Directors; and 9. Adjournment. (SGD.) CYNTHIA ROXAS-DEL CASTILLO Corporate Secretary February 16, 1998 Philippine Stock Exchange PSE Centre, Exchange Road Pasig, Metro Manila Attention : Compliance and Surveillance Department Gentlemen : Re : Sanitary Wares Manufacturing Corporation 1998 Annual Stockholders' Meeting Please be advised that the 1998 Annual Meeting of the Stockholders of the above-named corporation will be held on Tuesday, March 31, 1998 at the Ballroom A, Mandarin Oriental Hotel, Makati City, at 8:00 in the morning. As approved by the Board of Directors in its meeting held today, only stockholders of record as of March 5, 1998 shall be entitled to vote and be voted in said meeting.