Armstrong Holdings, Inc.

November 8, 1999 PSE CIRCULAR FOR BROKERS NO. 2837-99 SUBJECT : Armstrong Holdings, Inc . In connection with Mr. Dante Tan's acquisition of 59% equity of Armstrong Holdings, Inc. ("AHI"), attached herewith is AHI's SEC Form 33-A (Final Tender Offer Report). For your information. LibLex (SGD.) MARIA ISABEL T. GARCIA OIC, Listing & Disclosure Group SECURITIES AND EXCHANGE COMMISSION FORM 33-A TENDER OFFER REPORT 1. Check the appropriate box Initial Filing Amendment Amendment No. by the filing Final Report on Tender Offer Results 2. Exact Name of Subject Company as Specified in its Charter Armstrong Holdings, Inc. 3. Unit E-2101, 21/F, PSE Centre, Exchange Road, Ortigas Center, Pasig City Address of Principal Offices 4. SEC Identification Number AS095-008557 5. (SEC Use Only) Industry Classification Code 6. BIR Tax Identification Number 430-004-636-077 Exact name of registrant as specified in its charter 7. Dante T. Tan Name of Bidder 8. 26/F, Chatham House, 116 Valero cor. Herrera St., Makati City Address of Bidder 9. Common Shares Title or Class of Securities Subject to Tender Offer < FINAL TENDER OFFER REPORT ARMSTRONG HOLDINGS, INC . ("AHI") In compliance with item (f) of RSA Rule 33-(a) on Tender Offer (the "Tender Offer Rules"), the undersigned party is pleased to inform the Honorable Commission that: (a) a tender offer to all shareholders of Armstrong Holdings, Inc. was conducted from September 17, 1999 to October 15, 1999 (the "Tender Offer Period"); (b) upon the lapse of the Tender Offer Period on October 15, 1999, no shares of AHI were tendered by any of the stockholders of AHI to the undersigned party; and (c) all other information contained in the Tender Offer Report filed with the Honorable Commission on September 17, 1999 remain unchanged. This certification shall serve as our final report on the Tender Offer as required under the Tender Offer Rules. llcd (b) Any document setting forth the terms of any contract, arrangements, understanding of relationship referred to in Item 5 of this Form SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this report is true, complete and correct. This report is signed in the City of Makati on 27 October 1999. cdlex By: (SGD.) DANTE T. TAN (Name/Title)