PSE Circular for Brokers No. 3046-99

November 29, 1999 PSE CIRCULAR FOR BROKERS NO. 3046-99 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11 CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-(b)(3) THEREUNDER 1. 29 November 1999 Date of Report (Date of earliest event reported) 2. SEC Identification Number 184228 3. BIR Tax Identification No. 490-000-275-291 4. MRC ALLIED INDUSTRIES, INC. Exact name of registrant as specified in its charter 5. Metro Manila, Philippines Province, country or other jurisdiction of incorporation 6. SEC Use Only Industry Classification Code: 7. 12th Floor, Planters Bank Building, Sen. Gil J. Puyat Avenue, Makati City Address of principal office 8. (632) 8926022 Registrant's telephone number, including area code 9. n/a Further 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 shares 500,000,000 11. Indicate the item numbers reported herein Items Nos. A and 9 We would like to inform you that, at the Annual Meeting of Stockholders of MRC Allied Industries, Inc. (the "Corporation") at 8:00 a.m., today, 29 November 1999, at which a quorum was present and acting throughout, the following matters were unanimously approved and adopted: cdll 1. The appointment of Sycip Gorres Velayo & Co. as independent auditor for 1999; and 2. The election of the following persons to the Board of Directors: a) Benjamin M. Bitanga; cdll b) Renato I. Leveriza; prcd c) Mariano V. Osmea; LexLib d) Laureano N. Siy; e) Augusto L. Syjuco, Jr.; cdll f) Augusto J. Syjuco III, and LexLib g) Anthony Te LexLib SIGNATURES Pursuant to the requirements of the Revised Securities Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MRC ALLIED INDUSTRIES, INC. By: (SGD.) JENNIFER S. SIMON Assistant Corporate Secretary