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Share Re-Purchase

PSE Circular for Brokers No. 413-98 • Philippine Stock Exchange • Circulars for Brokers • Mar 19, 1998

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March 19, 1998 PSE CIRCULAR FOR BROKERS NO. 413-98 TELEFAX MESSAGE TO : Ms. Isabel Garcia Compliance & Surveillance Dept. (PSE) Fax : 02 6360809 Attorney. Melva E. Valdez Bengzon Law Office FROM : Alex Cheng DATE : 18 March 1998 SUBJECT : Share Re-Purchase This serves to inform you that Cebu Shipyard re-purchased the following shares on the following date: asiadc 3/18/98 CSEW "A" 50,000 shares @ P1.02 (One Peso and Two Centavos) per share Thank You. Regards, (SGD.) ALEX CHENG TEE HAN Treasurer/VP-Admin

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