PSE Circular for Brokers No. 2164-98

September 17, 1998 PSE CIRCULAR FOR BROKERS NO. 2164-98 September 16, 1998 Philippine Stock Exchange PSE Centre, Exchange Road Ortigas Centre, Pasig City Attention: Mr . Reynaldo P . Ong Vice-President, Listing & Disclosure Group RE : Fil-Estate Corporation Dear Mr. Ong : Please find enclosed a copy of the agenda for the scheduled annual meeting of Fil-Estate Corporation on 28 September 1998. aisadc Thank you and we remain, Very truly yours, FIL-ESTATE CORPORATION By: (SGD.) AVELINO M. SEBASTIAN, JR. Corporate Secretary NOTICE OF ANNUAL STOCKHOLDERS' MEETING NOTICE IS HEREBY GIVEN, that pursuant to Article I, Section 3 of the By-Laws of Fil-Estate Corporation, the annual meeting of stockholders will be held on Monday, September 28, 1998 at 8:30 A.M. at Shangri-La's EDSA PLAZA Hotel, Palawan Room, Ortigas Center, Mandaluyong City. LLphil The agenda for the meeting shall be as follows: 1. Proof of due notice of the meeting and the determination of quorum; 2. Reading and approval of previous meeting; 3. Report of the Board of Directors; 4. Financial Report and Approval of Financial Statements of the preceding year; 5. Ratification of all acts and resolution of the Board of Directors; 6. New Business; 7. Transaction of such other matter as may properly come during the meeting; 8. Election of Directors; 9. Election of Auditors; 10. Adjournment. For the purpose of this meeting, the record date has been designated as August 31, 1998. We are not asking you for a proxy and you are not requested to send us a proxy. (SGD.) AVELINO M. SEBASTIAN, JR. Corporate Secretary