First Abacus Financial Holdings Corporation

August 25, 1998 PSE CIRCULAR FOR BROKERS NO. 1967-98 SUBJECT : First Abacus Financial Holdings Corporation Further to Circular No. 1663-98 dated July 20, 1998, First Abacus Financial Holdings Corporation ("FAF") furnished the Exchange a copy of SEC Form 34-C (Definitive Information Statement) in connection with its Annual Stockholders' Meeting which will be held on September 11, 1998 , at 8:00 a.m., at the Via Mare Restaurant, Penthouse, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City. The agenda for the meeting shall be as follows: 1. Call to Order 2. Proof of Notice to Stockholders 3. Determination of Quorum 4. Approval of Minutes of Previous Meeting 5. Report of Management and Presentation of Financial Statements for the Year 1997 6. Ratification of All Acts of the Board of Directors and Officers 7. Election of Directors 8. Election of External Auditors 9. Other Matters 10. Adjournment As previously announced, stockholders of record as of July 3, 1998 are entitled to notice of, and to vote at, said meeting. LexLib A copy of FAF's Definitive Information Statement is available for reference at the PSE Library and PSE-Plaza Administration Office. For your information. (SGD.) REYNOLD P. ONG Vice-President, Listings and Disclosure Group