PSE Circular for Brokers No. 173-99

January 29, 1999 PSE CIRCULAR FOR BROKERS NO. 173-99 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 27 January 1999 2. SEC Identification Number The SEC Registration No. of the Registrant is 15-A 3. BIR Tax Identification No. The BIR Tax Identification No. of the Registrant is TIN 000-290-538 4. Exact Name of Registrant as specified in its charter CENTRAL AZUCARERA DON PEDRO 5. Province, country or other jurisdiction of incorporation Metro Manila, Philippines 6. Industry Classification Code (SEC Use Only) 7. Address of principal office 6th Floor, Cacho Gonzales Bldg., 101 Aguirre St. Legaspi Village, Makati City P.O. Box 3417 Makati City 8. Registrant's telephone number, including area code (632) 8108901 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 Amount No. of Shares Title of No. of Shares of Debt Registered Each Class Outstanding Outstanding * 751,075,000 Common * 751,074,985 ** * at One Peso (P1.00) per share ** net of 15 shares in treasury (aggregate of fractional shares resulting from dividend declaration) 11. Indicate the item numbers reported herein: Item No. 9 (B) 12. During the Annual meeting of stockholders of the registrant held today, 27 January 1999, at the Rigodon Ballroom, The Peninsula Manila Hotel, Makati City, the following persons were nominated and elected members of the Board of Directors of the registrant. MR. ANTONIO J. ROXAS MR. PEDRO E. ROXAS MR. EDUARDO J. ROXAS MR. MIGUEL A. GASPAR MR. MAXIMO E. FERNANDEZ MR. EDUARDO J. SORIANO MR. CARLOS G. DOMINGUEZ Likewise, at the organizational meeting of the elected Directors held after the annual meeting, the following Directors were elected to the following positions: MR. ANTONIO J. ROXAS Chairman Emeritus MR. PERDO E. ROXAS Chairman & Chief Executive Officer MR. EDUARDO J. ROXAS Vice-Chairman MR. MIGUEL A. GASPAR President & Chief Operating Officer The Accounting Firm of Joaquin Cunanan was also re-elected as the External Auditor of the Registrant. 13. Impact on the registrant's current and future operations, its financial position or results of operation. The re-election of the above named persons as Directors and Officers of the registrant would enable them to continue guiding the registrant to become a total sugar company and become a leader in the industry. Pursuant to the requirements of the Revised Securities Act, the Registrant duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CENTRAL AZUCARERA DON PEDRO By: (SGD.) FLORENCIO M. MAMAUAG, JR. Assistant Corporate Secretary