Apex Mining Company

December 7, 1999 PSE CIRCULAR FOR BROKERS NO. 3121-99 SUBJECT : Apex Mining Company Apex Mining Company ("APX") furnished the Exchange a copy of its amended SEC Form 11-A for fiscal year ended December 31, 1998 with the following amendments: ITEM 1. BUSINESS Additional information on the business development, business of issuer, areas covered by mining claims and the status of mining claims. prcd ITEM 3. LEGAL PROCEEDINGS Additional information on civil cases prcd ITEM 6. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION Additional management discussion on the registrant's financial condition and results of operations for fiscal years 1996, 1997 and 1998. LexLib ITEM 7. FINANCIAL STATEMENTS Additional financial information and breakdown of accounts LexLib ITEM 9. DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT ". . . 2) Significant Employee There is no significant employee except for the three (3) executive officers. To the knowledge and information of the Corporation and stockholders, its present members of the Board of Directors, are not presently or during the last five (5) years, involved in any material proceeding, affecting, involving themselves and/or their property before any court of law or administrative body in the Philippines or elsewhere. To the knowledge of the Corporation, the said persons have not been convicted by final judgment of any offense punishable by laws of the Republic of the Philippines or of the laws of any other nation/country." ITEM 10. EXECUTIVE COMPENSATION Information on the compensation of named executive officers, and in the aggregate, all officers and directors as a group for years 1997, 1998 and 1999. A copy of APX's amended SEC Form 11-A is available for reference at the PSE Center and PSE Plaza Libraries. For your information. prcd (SGD.) MARIA ISABEL T. GARCIA OIC, Listings and Disclosure Group