Trans-Asia Oil & Energy Development Corporation

December 22, 1999 PSE CIRCULAR FOR BROKERS NO. 3271-99 SUBJECT : Trans-Asia Oil & Energy Development Corporation Further to Circular for Brokers No. 2748-99 dated October 27, 1999, Trans-Asia Oil & Energy Development-Corporation ("TA") furnished the Exchange a copy of its SEC Form 34-C (Definitive Information Statement), including its 1999 Financial Statements, in connection with its Annual Stockholders' Meeting which will be held on January 17, 2000 , at 3:00 p.m. at the New World Hotel, Ballroom 1 & 2, Esperanza St. corner Makati Avenue, Makati City. The agenda for the meeting shall be as follows: 1. Call to order. 2. Proof of notice and determination of quorum LibLex 3. Minutes of previous meeting 4. Annual Report of Management 5. Election of Directors prcd 6. Appointment of Auditors 7. Other Matters 8. Adjournment As previously announced, stockholders of record as of December 17, 1999 are entitled to notice of, and to vote at, said meeting. cdll A copy of TA's Definitive Information Statement, together with its 1999 Financial Statements, is available for reference at the PSE Centre and PSE-Plaza Libraries. For your information. (SGD.) MARIA ISABEL T. GARCIA OIC, Listings & Disclosure Group