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Cebu Shipyard & Engineering Works Inc. Re-purchase of Shares

PSE Circular for Brokers No. 439-98 • Philippine Stock Exchange • Circulars for Brokers • Mar 20, 1998

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March 20, 1998 PSE CIRCULAR FOR BROKERS NO. 439-98 SUBJECT : Cebu Shipyard & Engineering Works Inc. Re-purchase of Shares Cebu Shipyard & Engineering Works, Inc. (the "Company") made an official disclosure to the Exchange, in a letter dated March 19, 1998, of the repurchase of the Company's shares on the following dates: LLphil PURCHASE DATE SHARE CLASS NO. OF SHARES October 31, 1997 CSE "A" 50,000 shares @ P0.85 per share October 31, 1997 CSE "B" 80,000 shares @ P0.85 per share December 11, 1997 CSE "A" 150,000 shares @ P0.90 per share December 12, 1997 CSE "A" 120,000 shares @ P0.90 per share December 19, 1997 CSE "A" 50,000 shares @ P0.99 per share February 26, 1998 CSE "A" 10,000 shares @ P1.00 per share For your information. (SGD.) MARIA ISABEL T. GARCIA Head, Listings & Disclosures Group

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