Notice of Regular Annual Stockholders' Meeting

March 15, 1999 PSE CIRCULAR FOR BROKERS NO. 476-99 NOTICE OF REGULAR ANNUAL STOCKHOLDERS' MEETING NOTICE IS HEREBY GIVEN that the regular annual stockholders' meeting of GLOBE TELECOM, INC . will be held at the Grand Ballroom Hotel Intercontinental Manila, on THURSDAY, 8 APRIL 1993 at 9 : 00 A . M . with the following: AGENDA 1. Determination of Quorum 2. Approval of Minutes of Previous Meeting 3. Annual Report 4. Election of Directors 5. Election of Auditors and Fixing their Remuneration 6. Consideration of such other business as may properly come before the meeting 7. Adjournment Stockholders of record as of 26 February 1999 shall be the stockholders entitled to vote at this meeting. For this purpose, the Stock and Transfer Books of the Corporation will be closed from 8 March to 8 April 1999 , inclusive. If you would be unable to attend the meeting but would like to be represented thereat, you may accomplish the proxy form provided for the purpose and submit the same to the Office of the Corporate Secretary on or before 23 March 1999 at 3 : 00 P . M . You may use the enclosed reply envelope for this purpose Validation of proxies shall be held on 23 March 1999 at 4:00 P.M. at the Office of the Corporate Secretary. LLpr Makati City, 23 February 1999. FOR THE BOARD OF DIRECTORS (SGD.) RENATO O. MARZAN Corporate Secretary PROXY I/WE hereby name and appoint ________________, or in his/her absence, the Chairman of the Meeting, as my/our proxy at the annual stockholder' meeting of GLOBE TELECOM, INC. to be held at the Grand Ballroom, Hotel Intercontinental Manila on THURSDAY, 8 APRIL 1998 _____________________ _________________ Place Date WITNESSES _______________________ (Printed Name & Signature) ____________________ ____________________ No. of Shares Held: _______