Pacific Cement Company, Inc. Additional Listing

August 4, 1999 PSE CIRCULAR FOR BROKERS NO. 1932-99 SUBJECT : Pacific Cement Company, Inc. Additional Listing The Exchange approved on July 14, 1999, the application submitted by PACIFIC CEMENT COMPANY, INC . to list additional 267,506,740 common shares , with a par value of P1 . 00 per share , divided into the following: a) 37,867,800 common shares to cover the shares originally subscribed by the Development Bank of the Philippines, Holdergreen Limited and Garcor, Inc. by way of subscription to the increase in the Company's authorized capital stock on November 15, 1984 but which were subsequently transferred to Mr. Jose L. Cortes, Jr.; b) 164,638,940 common shares to cover the conversion of the debts amounting to P823,194,702.00 extended by Mr . Jose L . Cortes, Jr .; and c) 65,000,000 common shares to cover the partial conversion of the debts extended by Composite Marketing Corporation . Further, the Exchange approved the request of the Company to reduce its listed shares by 9,250,000 common shares which represent the unissued but listed shares. aisadc In view thereof, the listing of the 267,506,740 common shares is set for Friday, August 6, 1999 . For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & CEO