Omico Corporation Additional Listing

November 22, 1999 PSE CIRCULAR FOR BROKERS NO. 2986-99 SUBJECT : Omico Corporation Additional Listing The Exchange on June 11, 1997, approved subject to actual exercise of the Conversion Right by the warrantholders, the application of OMICO CORPORATION ("the Company") to list additional 21,220,980,000 common shares, with a par value of P0.01 per share, to cover the underlying shares of the Detachable Subscription Warrants, at the conversion ratio of 1 common share for every 1 warrant held. These warrants were given to stockholders who subscribed to the private placement at the following ratios: (a) 3 warrants for every 5 shares subscribed on September 27, 1995 up to April 14, 1996; (b) 3 warrants for every 10 shares subscribed on April 15, 1996 to May 9, 1996; and (c) 1 warrant for every 4 shares subscribed on May 10, 1996 to July 15, 1996. llcd In connection therewith, please be advised that the Company has received a notice from a warrantholder for the initial conversion of 10,000,000 detachable subscription warrants to 10,000,000 common shares. In view thereof, the listing of the 10,000,000 common shares is set for Tuesday, November 23, 1999. LibLex The designated stock transfer agent is hereby authorized to record and register in its books the above number of shares. For your information and guidance. cdll (SGD.) MARIA ISABEL T. GARCIA OIC, Listings & Disclosure Group