PSE Circular for Brokers No. 2056-99

August 18, 1999 PSE CIRCULAR FOR BROKERS NO. 2056-99 August 16, 1999 PHILIPPINE STOCK EXCHANGE, INC. Philippine Stock Exchange Centre Exchange Road, Ortigas Center, Pasig City Attention: Listing and Disclosure Department Gentlemen : In compliance with the disclosure rules of the Exchange, attached is the Agenda on the Annual Stockholders Meeting of Baguio Gold Holdings Corporation on August 30, 1999. Very truly yours, BAGUIO GOLD HOLDINGS CORPORATION By: (SGD.) RUBEN O. PURISIMA Director (SGD.) MONINA GRACE S. LIM Chief Financial Officer ANNUAL STOCKHOLDERS' MEETING 30 August 1999, 2 00 P.M. New World Hotel Esperanza St., Makati Avenue, Makati City AGENDA I. Call To Order II. Certification of Notice/Existence of Quorum III. Reading/Approval of Minutes of the Annual Stockholders' Meeting held on 10 August 1998 IV. President's Report V. Approval of the Report of the President and the Audited Financial Statements as of 31 December 1998 VI. Ratification/Approval of all the Acts and Resolutions of the Board of Directors since the Annual Stockholders' Meeting held last 10 August 1998 VII. Increase of the Authorized Capital Stock from Two Hundred Million Pesos (Php 200,000,000) to Four Hundred Million Pesos (Php 400,000,000) and the corresponding amendment of the Articles of Incorporation aisad VIII. Election of Directors for the Ensuing Year IX. Appointment of External Auditors for 1999 X. Other Matters XI. Adjournment