PSE Circular for Brokers No. 1555-99

June 30, 1999 PSE CIRCULAR FOR BROKERS NO. 1555-99 June 28, 1999 Philippine Stock Exchange Philippine Stock Exchange Centre Exchange Road, Ortigas Center Pasig City Gentlemen : Please be informed that our Board of Directors in its special meeting held on June 25, 1999, has set the annual stockholders' meeting of the Company on August 26, 1999 at 3:00 p.m. at the Manila Room of Makati Shangri-La Hotel. Ayala Avenue cor. Makati Avenue, Makati City. It will be recalled that on April 22, 1999, we informed the Honorable Commission that during the special Board meeting on the same date, the previous setting on May 25, 1999 was postponed to a later date. The Board also fixed July 12, 1999 as the record date for stockholders entitled to notice of and to vote at this meeting. Our stock and transfer books will not be closed. Truly yours, BENGUET CORPORATION By: (SGD.) REYNALDO P. MENDOZA Asst . Vice President-Legal Services SUBSCRIBED AND SWORN to before me on this 29th day of June 1999 at Makati City, affiant exhibited to me his Community Tax Certificate No. 07218130 issued on April 15, 1998 at Manila. (SGD.) JOEL G. GORDOLA NOTARY PUBLIC Until December 31, 1999 PTR No . 8533028 1-5-98 ; Q . C . Doc. No. 225 Page No. 45 Book No. 233 Series of 1999