Securities and Exchange Commission Sec Form 11-C Current Report Under Section 11 of The Revised Securities Act (RSA) and RSA Rule 11(a)-l(b)(3) Thereunder

October 4, 1999 PSE CIRCULAR FOR BROKERS NO. 2488-99 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-1(b)(3) THEREUNDER 1. September 30,1999 Date of Report 2. SEC Identification No. 13174 3. BIR Tax Identification No. 321-000-108-278 4. ATLAS FERTILIZER CORPORATION Exact name of registrant as specified in its charter 5. Makati City, Philippines Province, Country or other jurisdiction of incorporation or organization 6. (SEC use only) Industry Classification Code 7. 2/F Pioneer House, 108 Paseo de Roxas, Legaspi Village, Makati City Address of principle office 8. (632) 812-8233/8127881 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 Revised Securities Act Title of Each Class Number of Shares of Stock Outstanding Common Stock Class "A" 220,044,696 PhP 1.00 par value Class"B" 132,633,424 11. Indicate the item numbers reported herein: Item 4 Item 4 Resignation, Removal or Election of Registrant's Directors or Officers (a) Mr. Filomeno G. Yaptinchay has resigned as Director of Atlas Fertilizer Corporation effective 30 September 1999. Mr. Yaptinchay's resignation letter was received and acknowledged by MR. Lorenzo V. Tan, Chairman of the Board, but the said resignation has not yet been confirmed by the Board of Directors. The confirmation or ratification of the Board will be taken up in the next meeting of the Board of Directors. SIGNATURES Pursuant to the requirements of the Revised Securities Act, the Registrant has duly caused this reports to be signed on its behalf by the undersigned hereunto duly authorized. LibLex ATLAS FERTILIZER CORPORATION Registrant (SGD.) EDELINE G. RAMOS Corporate Secretary