PSE Circular for Brokers No. 2802-98

December 22, 1998 PSE CIRCULAR FOR BROKERS NO. 2802-98 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. Date of Report: December 21, 1998 2. SEC Identification Number: 0102415 3. BIR Tax Identification Number: 00-056-514 4. Exact Name of Registrant as specified in its Charter: ZEUS HOLDINGS, INC. 5. Province, country or other jurisdiction of incorporation: Metro Manila, Philippines 6. Industry Classification Code: 7. Address of Principal Office: c/o Far East Cement Corporation, Ground Floor, Alegria Building, 2229 Pasong Tamo, San Lorenzo, Makati City 8. Registrant's telephone number, including area code: (632) 816-2449/816-2451 9. Former name or former address, if changed since last report: not applicable 10. Securities registered pursuant of Section 4 and 8 of the RSA: 1,638,463,907 common shares 11. Indicate the item numbers reported herein: At the Annual Stockholder's meeting of Zeus Holdings, Inc. (the "Corporation") held on December 14, 1998 at 10:00 a.m. at the Mulawin Room, Dusit Hotel, Makati City, the following were unanimously elected by the stockholders as directors of the Corporation for 1998-1999 until their successors shall have been elected and duly qualified: Michael A. Fitch Jocelyn I. Sanchez-Salazar Gilbert C. Garcia Yuen Po Seng Felipe U. Yap Federico Y. Cadiz Andres B. Sta. Maria Andrew Cunningham The Stockholders also unanimously appointed Punongbayan and Araullo as external auditors of the corporation. aisadc (SGD.) MARIA TERESA D. MERCADO Assistant Corporate Secretary