PSE Circular for Brokers No. 569-99

March 23, 1999 PSE CIRCULAR FOR BROKERS NO. 569-99 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-l(b)(3) THEREUNDER 1. Date of Report (Date of earliest event reported) March 18, 1999 2. SEC ID Number 808 3. BIR Tax ID No. 000-162-935V 4. ITOGONSUYOC MINES, INC. Exact name of registrant as specified in its charter 5. MANILA PHILIPPINES Province, country or other jurisdiction of incorporation 6. Industry Classification code (SEC Use Only) 7. Rm. 701 Ortigas Bldg. Ortigas Ave., Pasig City PO Box 12768 Address of principal office Postal Code 8. 02-631-27-52 Registrant's telephone number, including area code 9. N.A. Former name or former address, if changed since last report 10. Securities registered pursuant to Sections 4 and 8 of the RSA Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding No. of Shares Amount Common "A" 3,599,889,373 P35, 998, 893.73 Common "B" 2,400,042,337 24,000.,423.37 5,999,931,710 P59,999,317.10 Treasury stock (5,115,990) (122,847.31) Net 5,994,815,720 59,876.469.79 11. Indicate the item numbers reported herein: Item 9 ITEM 9 OTHER EVENTS (b) Any event, with respect to which information is not otherwise called for by this form, that the registrant deems of importance to security holders: 1. All stockholders of the Corporation who have on their possession stale dividend checks are enjoined to present them to Rizal Commercial Banking Corporation (RCBC), the Corporation's stock and transfer agent, for revalidation. within three months from publication of the notice. cdpr The Corporation also has stale checks of some stockholders without current mailing addresses and who have not informed the Corporation of their new addresses. These stockholders or their legal heirs are required to check with RCBC if they have pending dividend checks for mailing. Those who do not receive mails from the Corporation are advised to inform RCBC in writing of their new addresses and to claim their dividend checks within three months from the publication of the notice. Furthermore, all stockholders are requested to update their' signature cards for verification purposes. Forms will be mailed to stockholders at their last known addresses. Attached is a copy of the notice to stockholders to be published in a newspaper of general circulation and mailed to known addresses of stockholders. 2. In its Resolution No. 7, Series of 1999 dated March 10, 1999, the Securities and Exchange Commission ruled that the issuance of 12 billion shares exclusively to the company's existing stockholders in connection with the increase of its authorized capital stock from P60 million to P300 million is an exempt transaction under Sec. 6 par (a)(4) of the Revised Securities Act. Thus, the issuance of these 12 billion shares shall be exempted from the .registration requirements of the Revised Securities Act. By: (SGD.) MANSUETO C. GILLADOGA, JR. Overall Officer-in-Charge NOTICE TO STOCKHOLDERS All stockholders of the Corporation who have on their commercial stale dividend checks are enjoined to present them to Rizal Commercial Banking Corporation (RCBC), the Corporation's stock and transfer agent, within three months from publication of this notice for revalidation. The Corporation also has stale checks of some stockholders without current mailing address and who have not informed the Corporation of their new addresses. These stockholders or their legal heirs are required to check with RCBC if they have pending dividend checks for mailing. Those who do not receive mails from the Corporation are advised to inform RCBC in writing of their new addresses and to claim their dividend checks within three months from the publication of this notice Furthermore, all stockholders are requested to update their signature cards for verification purposes. Forms will be mailed to stockholders at their last known addresses. For further inquiries on the above, please get in touch with: Cdphil MS. AIDA NG RAMIREZ AVP - Transfer Agents Rizal Commercial Banking Corporation RCBC Building, Sen. Gil Puyat Avenue Makati City Tel. No. 894-9977 (SGD.) JOCELYN I. SANCHEZ-SALAZAR Corporate Secretary