PSE Circular for Brokers No. 1756-99

July 16, 1999 PSE CIRCULAR FOR BROKERS NO. 1756-99 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) 9 July 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's 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 Title of No. of Shares Registered Each Class Outstanding 5,000,000,000 Common A 1,795,780,000 Common B 1,162,010,000 11. Items reported: A. Item No. 4.: Election of Officers At the organizational meeting of the Corporation held on 9 July 1999, the following were elected as officers for the ensuing year: HENRY A. BRIMO Chairman Emeritus GERARD H. BRIMO Chairman, President & Chief Executive Officer ALFREDO A. FIGUERAS Senior Vice President & Treasurer LEONARDO P. JOSEF Senior Vice President Operations & Chief Operating Officer FERNANDO G. AGUSTIN Vice President Padcal Operations JOSE B. ANIEVAS Vice President Bulawan Operations DEOGRACIAS G. CONTRERAS, JR. Vice President Legal & Human Resources ERMELO R. ESCALANTE, JR. Vice President Purchasing & Materials Management RENATO N. MIGRINO Vice President Finance & Controller EDGARDO C. CRISOSTOMO Assistant Vice President Purchasing BARBARA ANNE C. MIGALLOS Corporate Secretary GUADAFLOR C. MALONZO Assistant Corporate Secretary B. Item No. 4.: Resignation of Director Mr. Rafael Buenaventura tendered his resignation as member of the Board of Directors. No one has been elected to replace Mr. Buenaventura in the Board of Directors. 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. PHILEX MINING CORPORATION By: (SGD.) BARBARA ANNE C. MIGALLOS Corporate Secretary