PCI Leasing and Finance

March 27, 1998 PSE CIRCULAR FOR BROKERS NO. 522-98 SUBJECT : PCI Leasing and Finance Further to Circular No. 448-98 dated March 23, 1998, PCI Leasing and Finance ("PCIL") furnished the Exchange on March 26, 1998 a copy of its Notice of Annual Stockholders' Meeting which will be held at the Francisco Santiago Hall, Mezzanine Floor, PCIBank Tower I, Makati Avenue corner H.V. de la Costa St., Makati City, on Thursday, April 16, 1998 at 9:30 a.m. The agenda for the meeting shall be as follows: 1. Call to Order, 2. Certification by the Corporate Secretary on the sending of notices and existence of a quorum; 3. Approval of Minutes of the 1997 annual meeting of the stockholders; 4. Report of the President 5. Approval of the 1997 Financial Statements 6. Ratification of the actions taken by the Board of Directors and Officers of the Corporation since the last annual meeting of the stockholders; 7. Appointment of independent auditors; 8. Election of Directors; 9. Transaction of such other matters as may properly come before the meeting; and 10. Adjournment. The record date for the determination of the stockholders entitled to notice of, and to vote at said meeting is fixed at the close of business hours on March 15, 1998 . For your information. (SGD.) MA. ISABEL T. GARCIA Head, Listing and Disclosures Group