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Philippine Stock Exchange

PSE Circular for Brokers No. 358-98 • Philippine Stock Exchange • Circulars for Brokers • Mar 13, 1998

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March 13, 1998 PSE CIRCULAR FOR BROKERS NO. 358-98 March 12, 1998 PHILIPPINE STOCK EXCHANGE Philippine Stock Exchange Center Exchange Road, Ortigas Center Pasig City Attention : Compliance and Surveillance Department (Re : SOC-M-12016) Please be informed that the Board of Directors of South China Petroleum & Exploration, Inc., at its regular meeting just adjourned, has approved the amendment of the Company's Articles of Incorporation changing the corporate name from South China Petroleum & Exploration, Inc. to South China Resources, Inc. The Board of Directors has directed that said amendment be submitted for the approval of the stockholders at their annual meeting scheduled on May 8, 1998. cdlex Yours faithfully, (SGD.) JAIME M. BLANCO, JR. Corporate Secretary

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