PSE Circular for Brokers No. 1505-98

July 2, 1998 PSE CIRCULAR FOR BROKERS NO. 1505-98 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-1(b)(3) THEREUNDER 1. July 1, 1998 Date of Report (Date of earliest event reported) 2. SEC Identification Number 31285 3. BIR Tax Identification No. 4. FORTUNE CEMENT CORPORATION Exact name of registrant as specified in its charter 5. Philippines Province, country or other jurisdiction of Incorporation 6. [ ] (SEC Use Only) Industry Classification Code: 7. 2F BPI Condo, 8753 Paseo de Roxas, Makati City 1200 Address of principal office Postal Code 8. Not Applicable Registrant's telephone number, including area code 9. Former name or former address, if changed since last report 10. Securities registered pursuant to Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding Common Stock 1,730,976,000 11. Indicate the item numbers reported herein 10 FORTUNE CEMENT CORPORATION (SGD.) JOSE T. SIO Chief Finance Officer CERTIFICATION KNOW ALL BY THESE PRESENTS: Pursuant to The Terms and Conditions of our Permit of Sell Securities, I, Jose T. Sio, Chief Finance Officer of Fortune Cement Corporation with business address at 2/F BPI Condominium, 8753 Paseo de Roxas, Makati City, do hereby certify that the materials for the press release attached hereto have been read by me and that the contents thereof are true and correct and not intended to mislead or deceive the public. WITNESS MY HAND this 1st day of July 1998 at the City of Makati. cdt FORTUNE CEMENT CORPORATION By: (SGD.) JOSE T. SIO Chief Finance Officer REPUBLIC OF THE PHILIPPINES ) CITY OF MAKATI )S.S. SUBSCRIBED AND SWORN to before me this day _____ day of July, 1998 at Makati City, affiant presenting to me his Community Tax Certificate with No. 07796263 issued on March 11, 1998 at Makati City. Doc. No. 415; Page No. ___; Book No. ___; Series of 1998. Blue Circle Purchased 20% Equity of Fortune Cement Blue Circle Industries Plc. of the United Kingdom, the international cement and heavy building materials group, has purchased 20% of the outstanding capital stock of Fortune Cement Corporation. Blue Circle, one of the world's largest manufacturers, will bring to Fortune Cement its global expertise in cement operations. Through this partnership, Fortune will have access to the latest technology leading to improvements in efficiency and consolidating the company's position as one of the lowest cost producers of cement in the Philippines.