PSE Circular for Brokers No. 317-99

February 22, 1999 PSE CIRCULAR FOR BROKERS NO. 317-99 February 19, 1999 SEC FORM 11-C 1. Date of Report: 19 February 1999 2. SEC Identification Number: 147212 3. BIR Tax Identification No.: 000-323-228 4. Registrant: International Container Terminal Services, Inc. 5. Country of Incorporation: Philippines 6. Industry Classification Code: 7. Address of Principal Office: ICTSI Administration Building, Manila International Container Terminal, MICT South Access Road, Manila 8. Registrant's Telephone No.: 245 4101 9. Securities registered pursuant to Sections 4 and 8 of the RSA Titles of Class Number of Shares Outstanding Common shares 1,545,434,284 (Reported by the stock transfer agent as of 5 February 1999) 10. Item number reported herein: Item 9 Other Events In accordance with its By-Laws, International Container Terminal Services, Inc. will hold its Annual Meeting of Stockholders on 15 April 1999 at the Diamond Ballroom of the Manila Diamond Hotel at 10:00 a.m. The Board of Directors fixed 6 March 1999 as the record date to determine the stockholders who are entitled to notice and to vote in the meeting. This has no direct bearing on the Company's operations or financial position. 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 hereto duly authorized. INTERNATIONAL CONTAINER TERMINAL SERVICES, INC. By (SGD.) ENRIQUE K. RAZON JR. Chairman and President International Container Terminal Services, Inc . 1999 Annual Meeting of Stockholders AGENDA 1. Call to order. 2. Determination of existence of quorum. 3. Approval of the Minutes of the Annual Meeting of Stockholders held on 17 April 1997. 4. Chairman's and President's Report. 5. Approval of the Report of the Chairman and President. 6. Approval/ratification of the acts, contracts, investments and resolutions of the Board of Directors and Management since the last Annual Meeting. cdt 7. Appointment of external auditors. 8. Election of Directors. 9. Other matters. 10. Adjournment.