PSE Circular for Brokers No. 1830-98

August 5, 1998 PSE CIRCULAR FOR BROKERS NO. 1830-98 CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-1(b)(3) THEREUNDER 1. AUGUST 3, 1998 (Date of Report) 2. SEC Reg. No. 184044 3. BIR TIN: 350-000-775-860 4. JG SUMMIT HOLDINGS, INC. (Exact name of registrant as specified in its charter) 5. Metro Manila, Philippines (Province, country or other jurisdiction of incorporation) 6. Industry Classification Code: _____ 7. 29/F Galleria Corporate Center, EDSA cor. Ortigas Ave., Quezon City, Metro Manila (Address of principal office) 8. 633-763 to 40 (Tel. No.) 9. NA (Former name or former address, if changed since last report) 10. Securities registered pursuant to Sections 4 and 8 of the RSA: Number of Shares of Title of Each Class Common Stock Outstanding Common 4,121,843,457 August 3, 1998 JG SUMMIT HOLDINGS, INC. 11. Item 4 - Resignation, Removal or Election of Registrant's Directors or Officers. a. The following incumbent members of the Board of Directors of the Corporation were re-elected at the Annual Stockholders' Meeting held on July 29, 1998: 1. John Gokongwei, Jr. 6. Lily NgoChua 2. Henry L. Go 7. Ignacio Gotao 3. Johnson Robert L. Go 8. Wilfrido C. Tecson 4. James L. Go 9. Rafael B. Buenaventura 5. Lance Y. Gokongwei b. The following were the Officers elected at the Organizational Meeting of the Board of Directors held on July 29, 1998: 1. John Gokongwei, Jr. Chairman of the Board and Chief Executive Officer 2. Henry L. Go First Vice Chairman 3. Johnson Robert L. Go Second Vice Chairman 4. James L. Go President and Chief Operating Officer 5. Lance Y. Gokongwei Executive Vice President 6. Ignacio Gotao Senior Vice President 7. Eugenie ML. Villena Senior Vice President and Chief Financial Officer-Treasurer 8. Constante T. Santos Senior Vice President-Comptroller 9. Emmanuel C. Rojas, Jr. Corporate Secretary SIGNATURES 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. LLjur JG SUMMIT HOLDINGS INC. (Registrant) (SGD.) EMMANUEL C. ROJAS, JR. Corporate Secretary (Signature and Title)