PSE Circular for Brokers No. 2937-99

November 17, 1999 PSE CIRCULAR FOR BROKERS NO. 2937-99 SECURITIES & 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. November 15, 1999 2. SEC Identification Number 39121 3. BIR Tax Identification No. 321-000-141-527 4. SOUTH SEAS NATURAL RESOURCES, INC. Exact Name of registrant as specified in its charter 5. Philippines Province, country or other jurisdiction of incorporation 6. [ ] (SEC Use Only Industry Classification Code 7. 2283 Pasong Tamo Extension, Makati City 1231 Address of principal office Postal Code 8. 632-893-8060-632-816-7036 Registrant's telephone number, including area code 9. _____________________________________________ Former name or former address, if changed since last report 10. Securities registered pursuant to Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding Common A 15,734,019,780 Common B 4,198,576,461 11. Indicate the item numbers reported herein Item 9 The annual meting of stockholders of this Corporation, scheduled for December 2, 1999, is rescheduled or postponed to: Date : January 18, 2000 Time : 3:30 P.M. Place : 2283 Pasong Tamo Extension Makati City, Metro Manila The required report to stockholders under SEC Form 34 C and Form 11 A have to undergo certain substantial changes (material changes in financial conditions for the last 3 years based on the financial statements) and with the retirement of the incumbent Corporate Secretary and the emergency out-of-the-country trip of our Assistant Treasurer, we have had to request our external auditors to prepare the necessary discussions on the said item. the final report of which cannot be seasonably finished in time for submission under its original deadline. LibLex SIGNATURES Pursuant to the requirements of the Revised Securities Act, the issuer has duly cause this report to be signed on its behalf by the undersigned hereunto duly authorized. (SGD.) JESUS S. CABARRUS Chairman of the Board