Report on Foreign Ownership of Shares of Listed Companies

March 27, 1998 PSE CIRCULAR FOR BROKERS NO. 504-98 SUBJECT : Report on Foreign Ownership of Shares of Listed Companies Pursuant to Circular No. 260 dated July 18, 1996, Series of 1996 on "Foreign Ownership Level," please find attached the list of companies which have ten percent (10%) or less remaining number of shares that could be owned by foreigners (out of the total percentage allowed by law). LLphil For your information. (SGD.) MARIA ISABEL T. GARCIA Head, Listing & Disclosures Group Attachment of Circular for Brokers No. 504-98 dated March 27, 1998 Foreign Ownership Report on Listed Companies whose Level of Foreign-Owned Shares are in the Critical Level (i.e. the remaining number of shares that foreigners may own out of the total limit allowed by law is 10% or less) LLphil Total Shares Shares Issuer Outstanding Allowed to Owned by Cut-off Shares Foreigners Foreigners % Date A Soriano Corp. 3,035,689,042 1,214,275,616 1,086,609,087 35.79% 3/20/98 Asian Terminals, Inc. 1,000,000,000 400,000,000 400,000,000 40.00% 3/23/98 Centennial City, Inc. 6,000,000,000 2,400,000,000 1,911,045,944 31.85% 3/9/98 Digital Telecom. Phils., Inc. 6,356,976,310 2,542,790,524 2,542,790,524 40.00% 3/23/98 Easycall Comm. Phils., Inc. 63,328,846 25,331,538 25,201,076 39.79% 3/23/98 Far East Bank & Trust Co. 517,487,470 206,994,988 176,941,300 34.19% 3/20/98 Guoco Holdings Phils., Inc. 2,366,444,383 946,577,753 700,346,479 29.59% 3/10/98 Hi-Cement Corp. 768,500,220 307,400,088 254,552,131 33.12% 3/23/98 Int'l Container Term'l Services, Inc. 1,429,250,755 571,495,510 571,495,510 39.99% 3/24/98 Kuok Phil. Properties, Inc. 3,841,854,596 1,536,741,838 1,497,504,408 38.98% 3/20/98 Lorenzo Shipping Corp. 300,751,880 120,300,752 112,364,731 37.36% 3/23/98 Mabuhay Holdings Corp. 1,200,000,000 480,000,000 370,327,863 30.86% 3/25/98 Mariwasa Mfg., Inc. 399,999,969 159,999,987 156,818,221 39.20% 3/23/98 Phil. Commercial Internat'l Bank 152,246,166.40 45,673,849.92 42,958,763,34 28.22% 3/20/98 Phil. Banking Corp. 28,726,132 8,617,840 5,813,623 20.24% 3/25/98 Phil. National Bank 137,480,171 54,992,068 46,256,060 33.65% 3/23/98 Philtread Tire & Rubber Corporation 49,999,754 17,653,020 13,678,023 27.36% 2/28/98 Pryce Corp. 1,610,000,000 644,000,000 638,218,718 39.64% 2/24/98 Southeast Asia Cem't Hold'gs, Inc. 5,096,833,330 2,038,733,332 2,036,143,339 39.95% 3/24/98