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Hi Cement Corporation Additional Listing

PSE Circular for Brokers No. 1574-99 • Philippine Stock Exchange • Circulars for Brokers • Jun 30, 1999

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June 30, 1999 PSE CIRCULAR FOR BROKERS NO. 1574-99 SUBJECT : Hi Cement Corporation Additional Listing The Exchange approved on March 18, 1999, subject to the actual conversion of convertible notes, the listing application of HI CEMENT CORPORATION (the "Company") to list a maximum of 768,500,220 common shares, with a par value of P1.00 per share, to cover the underlying shares of the P768,500,220.00 worth of Convertible Notes. In connection with this, please be advised that the Company's stock transfer agent has received a notice from a noteholder for the conversion of P1,250,000.00 worth of convertible notes to 1,250,000 common shares. In view thereof, the listing of the 1,250,000 common shares is set for Thursday , July 1, 1999 . This brings a total of 2,704,000 common shares already listed arising from the conversion of P2,704,000.00 worth of Notes. For your information and guidance. (SGD.) ATTY. RUBEN L. ALMADRO Officer-in-Charge

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