Abra Mining and Industrial Corporation

August 19, 1999 PSE CIRCULAR FOR BROKERS NO. 2066-99 SUBJECT : Abra Mining and Industrial Corporation Further to Circular for Brokers No. 1835-99 dated July 26, 1999, Abra Mining and Industrial Corporation ("AR") furnished the Exchange a copy of its SEC Form 34-C (Preliminary Information Statement), including its December 31, 1998 Financial Statements, in connection with its General Annual Stockholders' Meeting which will be held on September 29, 1999 , at 5:00 p.m., at its Main Office at Barangay Lipcan, Bangued, Abra, for the following purposes: aisadc 1. Call to Order. 2. Proof of Notice of Hearing. 3. Determination of Quorum. 4. Reading and Approval of the Minutes of the Previous Stockholders' Meeting. 5. Report of the President. 6. Ratification of all previous Acts, Proceedings, Transactions and Resolutions of the Board of Directors and Management of Abra Mining and Industrial Corporation. 7. Election of Directors. 8. Other Matters. 9. Adjournment As previously announced, stockholders of record as of August 31, 1999 are entitled to notice of, and to vote at, said meeting. A copy of AR's Preliminary Information Statement, including its 1998 Financial Statements, is available for reference at the PSE Centre and PSE-Ayala Libraries. For your information. (SGD.) JOSE LUIS U. YULO, JR. President & CEO