Universal Robina Corporation Annual Meeting of Stockholders

February 28, 2000 PSE CIRCULAR FOR BROKERS NO. 477-00 February 24, 2000 SECURITIES AND EXCHANGE COMMISSION SEC Building EDSA, Mandaluyong City Attention : Ms. Linda Daoang Director, Money Market Operations Department Fax No. 727-5103 RE : Universal Robina Corporation Annual Meeting of Stockholders Gentlemen: Please be informed that in accordance with the provisions of Section I, Article II of the Amended By-Laws of UNIVERSAL ROBINA CORPORATION, the Board of Directors sets the forthcoming Annual Stockholders' Meeting of the corporation on April 13, 2000 at 4:00 p.m. at the Amorsolo Ballroom of the Manila Galleria Suites, Asian Development Bank Avenue, Ortigas Center, Pasig City, Metro Manila. Only stockholders of record as of March 14, 2000 will be entitled to notice of the meeting and to vote. Notice of the Annual Meeting of Stockholders, together with the agenda for the meeting, will be sent to all stockholders of record at least ten (10) days prior to the meeting date as prescribed by the By-Laws. Thank you very much for your kind attention. Very truly yours, Universal Robina Corporation (SGD.) EMMANUEL C. ROJAS, Jr. Corporate Secretary