PSE Circular for Brokers No. 2220-99

September 6, 1999 PSE CIRCULAR FOR BROKERS NO. 2220-99 September 3, 1999 PHILIPPINE STOCK EXCHANGE Disclosure Department Listings and Disclosure Group 4/F Philippine Stock Exchange Center Exchange Road, Ortigas Center Pasig City Attention: Mr . Reynold P . Ong Vice President Listings and Disclosure Group RE : Annual Meeting of Stockholders of Philtrust Bank (PHILIPPINE TRUST COMPANY) Gentlemen: Please be informed that the annual meeting of the stockholders of PHILTRUST BANK will be held on Wednesday, September 22, 1999 at 4:00 clock P.M. at Philtrust Building, United Nations Avenue corner San Marcelino Street, Manila. A copy of the agenda is enclosed. Very truly yours, (SGD.) RAMON V. TE Asst. Corporate Secretary Annual Meeting of Stockholders of PHILTRUST BANK will be held on September 22, 1999 at Philtrust Bank Building United Nations Avenue Manila 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 29, 1998 6. APPROVAL OF THE ANNUAL REPORT TO THE STOCKHOLDERS FOR THE YEAR 1998 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 29, 1998 8. APPOINTMENT OF EXTERNAL AUDITORS 9. ELECTION OF DIRECTORS 10. OTHER MATTERS 11. ADJOURNMENT