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SPI Technologies, Inc. Additional Listing

PSE Circular for Brokers No. 569-98 • Philippine Stock Exchange • Circulars for Brokers • Apr 2, 1998

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April 2, 1998 PSE CIRCULAR FOR BROKERS NO. 569-98 SUBJECT : SPI Technologies, Inc. Additional Listing Please be informed that on August 13, 1997, the Exchange approved subject to the actual conversion of convertible bonds, the listing application of SPI TECHNOLOGIES, INC. ("Company") to list 9,677,420 common shares, with a par value of P1.00 per share, to cover the underlying shares of the P150 million worth of Convertible Bonds at the conversion price of P15.50 per share. In connection with this, please be advised that the Company has received a notice from a bondholder for the conversion of the P1,550,000 worth of convertible bonds at 100,000 common shares. cdll In view thereof, the listing of the 100,000 common shares is set for Thursday, April 2, 1998 . This brings a total of 8,827,419 common shares already listed arising from the conversion of the Bonds worth P136,824,993.50. For your information and guidance. (SGD.) REYNOLD P. ONG Vice-President, Listing and Disclosures Group

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