PSE Circular for Brokers No. 2498-98

November 3, 1998 PSE CIRCULAR FOR BROKERS NO. 2498-98 October 30, 1998 MR . JIM ALABASTRO Compliance Analyst Compliance & Surveillance Dept. Philippine Stock Exchange, Inc. PSE Centre, Exchange Road, Ortigas Center, Pasig City, M. Mla. Dear Mr. Alabastro : This is to inform you that the Special Meeting of Stockholders of ATN Holdings, Inc. shall be held on November 12, 1998 at 4:00 p.m. The venue shall be the conference room at the 9th floor of the Summit One Tower, 530 Shaw Boulevard, Mandaluyong City, Enclosed is the copy of Notice of Special Meeting of Stockholders. Please circularize this among your member brokers. Thank you. Sincerely yours, (SGD.) GENEME DY Administrative Asst . NOTICE OF SPECIAL MEETING OF STOCKHOLDERS Notice is hereby served that on November 12, 1998 at 4:00 p.m. at the 9th Floor, Summit One Tower, Shaw Boulevard, Mandaluyong City, there will be a Special Meeting of all stockholders of record as of October 30, 1998, for the purpose of considering the following matters: 1. Special Report of the President; 2. Increase in the authorized capital stock of ATN Holdings Inc, from P200 million to P400 million, as embodied in the Board Resolution of ATN Holdings Inc., dated October 15, 1998; 3. Other related matters. This Notice shall be served on stockholders in accordance with the By-laws of the company, and also in compliance with the procedures of the Philippine Stock Exchange and the Securities and Exchange Commission. cdll Mandaluyong City, October 27, 1998. (SGD.) MARIO A. MINA Corporate Secretary