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PSE Circular for Brokers No. 2428-98

PSE Circular for Brokers No. 2428-98 • Philippine Stock Exchange • Circulars for Brokers • Oct 23, 1998

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October 23, 1998 PSE CIRCULAR FOR BROKERS NO. 2428-98 October 22, 1998 PHILIPPINE STOCK EXCHANGE, INC . PSE Centre, Exchange Road Ortigas Center, Pasig City Fax No. 636-0809 Attention: Ms . Grace B . de Guia Supervisor Disclosure Dept . RE : Vulcan Industrial & Mining Corp. PSE No. M-12024 Sir/Madam : We were advised when we called up this morning that PSE has no office today due to inclement weather. We have just read this morning at the Philippine Daily Inquirer issue today October 22, 1998 on page 24 thereof, that the 30-day temporary suspension order dated September 20, 1998 issued by the Secretary of the Department of Environment & Natural Resources (DENR) of all quarry operations in Rodriguez (Montalban) and San Mateo towns in Rizal has been extended yesterday until December 31, 1998 according to said newspaper. LLjur VUL's co-owned subsidiary, Vulcan Materials Corporation, is one of those affected by the DENR suspension order whose main quarry business operations is located at Rodriguez, Rizal. As of this writing, the official copy of the alleged extension order has not yet been served to Vulcan Materials Corp. Very truly yours, (SGD.) MARIANO L. CELIS II Asst . Corporate Secretary Vulcan Industrial & Mining Corp .

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