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Cebu Shipyard and Engineering Works, Inc.

PSE Circular for Brokers No. 2077-98 • Philippine Stock Exchange • Circulars for Brokers • Sep 7, 1998

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September 7, 1998 PSE CIRCULAR FOR BROKERS NO. 2077-98 SUBJECT : Cebu Shipyard and Engineering Works, Inc . Cebu Shipyard and Engineering Works, Inc. ("CSE") informed the Exchange, in a letter dated September 3, 1998, that the Securities and Exchange Commission approved on September 1, 1998 its Amended Articles of Incorporation, particularly the amendment to Article VII, reflecting the declassification of CSE shares. LLphil The declassification of CSE shares will be reflected in the Exchange's computer system (electronic board and ticker) on Wednesday, September 9, 1998 . For your information. (SGD.) REYNOLD P. ONG Vice-President, Listings and Disclosure Group

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