PSE Circular for Brokers No. 2325-98

October 8, 1998 PSE CIRCULAR FOR BROKERS NO. 2325-98 October 6, 1998 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RULE 11(a)-1(b)(3) THEREUNDER 1. October 6, 1998 Date of Report (Date of earliest event reported) 2. Commission identification number 24986 3. BIR Tax Identification No. 000-275-073 4. Pacific Cement Company, Incorporated Exact name of registrant as specified in its charter 5. Surigao, Philippines Province, country or other jurisdiction of incorporation or organization 6. (SEC Use Only) Industry Classification Code: 7. Km. 11, Surigao City, Surigao del Norte 8400 / 1227 (With Office address: 29/F Chatham House Postal Code 116 Valero cor. Herrera Sts., Salcedo Village Makati City) Address of registrant's principal office 8. (632) 887-1111 Registrant's telephone number, including area code 9. Not Applicable Former name, former address and former fiscal year, if changed since last report. 10. Securities registered pursuant to Sections 4 and 8 of the RSA Title of each Class Number of shares of common stock outstanding Common Stock, @ P1.00 par value 253,256,740 11. Indicate the item numbers reported herein: Item No. 4 Item 4. Election of a New Director A Special Board Meeting was held on October 5, 1998 at the Registrant's Makati Office for the purpose of electing a new director to replace Mr. Anthony H. Strike. Mr. Anthony H. Strike resigned on September 30, 1998. LibLex Mr. Florido P. Casuela representing Land Bank of the Philippines was elected as new member of the Board of Directors of the Registrant. Land Bank of the Philippines is a creditor bank of the Registrant and a representation in the Registrant's Board is in compliance with one of the terms and conditions governing the approved credit facilities of Pacific Cement Company, Inc. SIGNATURES Pursuant to the requirements of the Revised Securities Act, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. PACIFIC CEMENT COMPANY INCORPORATED Registrant (SGD.) MARIO M. YAMBOT Vice President for Admin . & Finance