Wise Holdings, Inc.

December 15, 1999 PSE CIRCULAR FOR BROKERS NO. 3198-99 SUBJECT : Wise Holdings, Inc. Wise Holdings, Inc. ("WHI") furnished the Exchange a copy of its SEC Form 34-A (Preliminary Proxy Statement), in connection with its Special Stockholders' Meeting which will be held on January 26, 2000, at 9:00 a.m. at the Boardroom, 5/F Wise Center, 142 Amorsolo Street, Legaspi Village, Makati City. The agenda for the meeting shall be as follows: LibLex 1. Call to Order; 2. Certification by the Corporate Secretary on the sending of notices and existence of Quorum; cdll 3. Amendment of Article VII of the Articles of Incorporation (to increase the authorized capital stock of the corporation from P600 million to P4 billion) 4. Other Matters; and 5. Adjournment. Stockholders of record as of December 31, 1999 are entitled to notice of, and to vote at, said meeting. Those who are unable to attend the meeting may accomplish a proxy form and return the same to the office of the Corporate Secretary not later than five (5) working days before the meeting, or on or before January 26, 2000. llcd A copy of WHI's Preliminary Proxy Statement is available for reference at the PSE Centre and PSE-Plaza Libraries. For your information. LibLex (SGD.) MARIA ISABEL T. GARCIA OIC, Listings & Disclosure Group