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Davao Union Cement Corporation Additional Listing

PSE Circular for Brokers No. 1821-99 • Philippine Stock Exchange • Circulars for Brokers • Jul 22, 1999

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July 22, 1999 PSE CIRCULAR FOR BROKERS NO. 1821-99 SUBJECT : Davao Union Cement Corporation Additional Listing The Exchange approved on March 26, 1999, subject to the actual conversion of the convertible notes, the listing application of DAVAO UNION CEMENT CORPORATION to list a maximum of 750,000,000 common shares with a par value of P1.00 per share, to cover the underlying shares of the P750,000,000.00 worth of Convertible Notes due 2004. prLL In this connection, please be advised that the Company's stock transfer agent has received notices from noteholders for the conversion of P6,256,200.00 worth of convertible notes to 6,256,200 common shares. In view thereof, the listing of the 6,256,200 common shares is set for Friday , July 23, 1999 . This brings the number of common shares listed arising from the conversion of P8,884,400.00 worth of convertible notes to a total of 8,884,400 common shares. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & CEO

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