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SPI Technologies Inc. Additional Listing

PSE Circular for Brokers No. 371-98 • Philippine Stock Exchange • Circulars for Brokers • Mar 13, 1998

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March 13, 1998 PSE CIRCULAR FOR BROKERS NO. 371-98 SUBJECT : SPI Technologies Inc. Additional Listing Please be informed that on August 13, 1997, the Exchange approved subject to the actual conversion of convertible bonds, the listing application of SPI TECHNOLOGIES, INC. ("Company") to list 9,677,420 common shares with a par value of P1.00 per share, to cover the underlying shares of the P150 million worth of Convertible Bonds at the conversion price of P15.50 per share. In connection with this, please be advised that the Company has received a notice from a bondholder for the conversion of the P70,525,000 worth of convertible bonds to 4,550,000 common shares. LLphil In view thereof, the listing of the 4,550,000 common shares is set for Monday, March 16, 1998 . This brings a total of 8,727,419 common shares already listed arising from the conversion of the Bonds worth P135,274,993.50. For your information and guidance. (SGD.) MARIA ISABEL T. GARCIA Head, Listing and Disclosures Group

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