PSE Circular for Brokers No. 2219-98

September 25, 1998 PSE CIRCULAR FOR BROKERS NO. 2219-98 September 23, 1998 Disclosure Department Listings and Disclosure Group 4th Floor Philippine Stock Exchange Center PSE Center, Exchange Road Ortigas Center, Pasig City Attention: Mr . Reynold P . Ong Vice President Listings & Disclosure Group RE : Annual Meeting of the Stockholders of the Philippine Trust Company also known as Philtrust Bank Gentlemen : Please be informed that the annual meeting of the stockholders of PHILTRUST BANK will be held on Tuesday, September 29, 1998 at 4:00 P.M. at the Philtrust Bank Building, United Nations Avenue corner San Marcelino Street, Manila for the election of Directors and the transaction of such other business as may be brought before the meeting. LLpr A copy of the Agenda to the said meeting is hereto attached. Please acknowledge receipt. Thank you. Very truly yours, (SGD.) RAMON V. TE Assistant Corporate Secretary ANNUAL STOCKHOLDERS' MEETING HELD AT THE PHILTRUST BUILDING UNITED NATIONS AVENUE CORNER SAN MARCELINO STREET ON TUESDAY, SEPTEMBER 29, 1998 AT 4:00 P.M. AGENDA 1. Opening prayer. 2. Call to Order. 3. Proof of service of the required notice of the meeting. 4. Proof of presence of quorum. 5. Reading and approval of the Minutes of the Annual Stockholders' Meeting held on September 30, 1997. 6. Approval of the Annual Report to the Stockholders for the year 1997. 7. Ratification and approval of all the acts and transactions of the Board of Directors, the Executive Committee and the Management since the annual meeting of the stockholders on September 30, 1998. 8. Appointment of External Auditors. 9. Election of Directors. 10. Other matters. Adjournment.