Zeus Holdings, Inc.

November 12, 1999 PSE CIRCULAR FOR BROKERS NO. 2888-99 SUBJECT : Zeus Holdings, Inc . Further to Circular No. 2418-99 dated September 27, 1999, Zeus Holdings, Inc. ("ZHI") furnished the Exchange a copy of its Definitive Information Statement, together with its 1998 Annual Report, in connection with its Annual Stockholders' Meeting which will be held on November 19, 1999 , at 10:00 a.m. at the Mulawin Room, Dusit Hotel, Makati City. The agenda of the meeting shall be as follows: cdll 1. Call to order llcd 2. Certification of Notice and Quorum cdll 3. Approval of the Minutes of the Meeting of the Stockholders held on December 14, 1998 llcd 4. Chairman's Report cdlex 5. Approval of 1998 Audited Financial Statements llcd 6. Ratification of Acts of the Board of Directors and the Management from fiscal year ended December 31, 1998 up to the date of Stockholders' Meeting 7. Nomination and election of Directors for the current year 8. Appointment of external auditor 9. Other business LexLib 10. Adjournment LibLex As previously announced, stockholders of record as of October 11, 1999 are entitled to notice of, and to vote at, said meeting. LexLib Proxies on file with the Corporation will be recognized unless specifically revoked or a new proxy is received by the Corporate Secretary or her authorized representative at the Corporation's principal office, not later that 5:00 p.m., November 12, 1999. Proxies may be required to provide proof of identification at the meeting. prcd A copy of ZHI's Definitive Information Statement including its 1998 Annual Report is available for reference at the PSE Centre and PSE-Plaza Libraries. For your information. (SGD.) MARIA ISABEL T. GARCIA OIC, Listings and Disclosure Group