Abra Mining and Industrial Corporation

July 26, 1999 PSE CIRCULAR FOR BROKERS NO. 1835-99 SUBJECT : Abra Mining and Industrial Corporation Abra Mining and Industrial Corporation ("AR") informed the Exchange through SEC Form 11-C, of the postponement of its 1999 General Stockholders' Meeting from the second Monday of August to September 29, 1999 at 5:00 p.m. The change of date of said meeting is contained in the following RESOLUTION by the Board of Directors passed and approved on July 16, 1999: ". . . RESOLVED, that the 1999 General Stockholders' Meeting of Abra Mining and Industrial Corporation be moved to September 29, 1999 at 5:00 o'clock in the afternoon at its Main Office at Barangay Lipcann, Bangued, Abra, Philippines. cdpr RESOLVED FURTHER, that the record date for the meeting scheduled for September 29, 1999 is the close of business hours August 31, 1999, and that proxies must be sent or submitted on or before September 24, 1999 to the Company's Office at Suite 3, 3rd Floor, JAFER Building, 118 West Avenue, Quezon City, Metro Manila; RESOLVED FINALLY, that a copy of this RESOLUTION be furnished to the Securities and Exchange Commission for its approval, and that this postponement as well as the new date of the General Stockholders' Meeting be published in a newspaper of general circulation for the information and guidance of stockholders. . . ." For your information. (SGD.) JOSE LUIS U. YULO, JR. President and CEO