RFM Corporation Cash Dividend

March 6, 1998 PSE CIRCULAR FOR BROKERS NO. 302-98 SUBJECT : RFM Corporation Cash Dividend RFM Corporation ("RFM") informed the Exchange, in a letter dated March 5, 1998, that its Board of Directors, in a meeting held on even date, approved the issuance of cash dividends in the amount of P0.02 per share to stockholders of record as of March 25, 1998 payable on or before April 15, 1998 . cdpr For your information. (SGD.) MA. ISABEL T. GARCIA Head, Listing and Disclosures Group SWORN STATEMENT That I, BI YONG S. CHUNGUNCO, Filipino, of legal age, with business address at Jardine Davies Building, 222 Sen. Gil J. Puyat Avenue, Makati City, Metro Manila, after having been duly sworn in accordance with law, hereby depose and state: That I am the Corporate Secretary of Jardine Davies Inc. and I have custody of the corporate records; cdpr That the following are the treasury shares registered in the name of, or beneficially owned by, Jardine Davies Inc. as at December 31, 1997: Transaction Date No. of Shares Transaction Price May 22, 1997 465,900 Php30.00 May 22, 1997 255,000 30.00 May 22, 1997 800 30.00 June 2, 1997 100 30.00 June 2, 1997 500 30.00 July 4, 1997 10,000 35.00 July 31, 1997 8,000 35.00 August 22, 1997 229,000 30.00 September 10, 1997 38,000 30.00 September 11, 1997 163,481 30.00 November 13, 1997 11,000 30.00 November 18, 1997 454,478 30.00 November 20, 1997 300,000 30.00 TOTAL 1,936,259 ======== B. S. CHUNGUNCO Corporate Secretary REPUBLIC OF THE PHILIPPINES ) MAKATI CITY, METRO MANILA ) S. S. SUBSCRIBED AND SWORN to before me this 4th day of March 1998 in Makati City, affiant exhibited to me her Community Tax Certificate No. 07753820 issued at Makati City on February 19, 1998.