PSE Circular for Brokers No. 1560-99

June 30, 1999 PSE CIRCULAR FOR BROKERS NO. 1560-99 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. Date of Report (date of earliest event reported) 24 June, 1999 2. SEC Identification Number The SEC Registration No. of the Registrant is 10044 3. BIR Tax Identification No. The BIR Tax identification No. of the Registrant is 043 000 283 731 4. Exact name of Registrant as specified in its charter PHILEX MINING CORPORATION 5. Province, country or other jurisdiction of incorporation Manila, Philippines 6. Industry Classification Code (SEC Use Only) 7. Address of principal office Philex Bldg., Brixton and Fairlane Sts., Pasig City 8. Registrant' telephone number, including area code (632) 6319496 9. Former name or former address, if changed since last report The Registrant has not changed its address since its last report to this Honorable Commission 10. Securities registered pursuant to Sections 4 and 8 of the RSA Number of Shares No. of Shares Registered Title of Each Class Outstanding 5,000,000,000 Common A 1,795,780,000 Common B 1,162,010,000 11. Item reported. Item No. 4. Election of Members of the Board of Directors At the annual stockholders meeting of the Corporation held on 24 June 1999, the following were elected as members of the Board of Directors for the ensuring year: 1. HENRY A. BRIMO 2. GERARD H. BRIMO 3. ALBERT C. AGUIRRE 4. CARLOS ARELLANO 5. ALBERT AWAD 6. RAFAEL BUENAVENTURA 7. JOHN GOKONGWEI, JR. 8. RAUL S. ROCO 9. MANUEL ZAMORA, JR. Pursuant to the requirements of the Revised Securities Act, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. prLL PHILEX MINING CORPORATION By: (SGD.) BARBARA ANNE C. MIGALLOS Corporate Secretary