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San Miguel Corporation

PSE Circular for Brokers No. 1954-98 • Philippine Stock Exchange • Circulars for Brokers • Aug 24, 1998

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August 24, 1998 PSE CIRCULAR FOR BROKERS NO. 1954-98 SUBJECT : San Miguel Corporation San Miguel Corporation ("SMC") informed the Exchange, in a letter dated August 21, 1998, that the Board of Directors, in a regular meeting held on even date, declared a cash dividend of P0.20 per share to its stockholders of record as of September 25, 1998, payable on October 22, 1998. cdt SMC's Stock Transfer Books will be closed from September 26 to October 23, 1998. For your information. (SGD.) REYNOLD P. ONG Vice-President, Listings and Disclosure Group CASH DIVIDEND CASH P0.20 per share EX-CASH September 21, 1998 RECORD DATE September 25, 1998 DATE PAYABLE October 22, 1998

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