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Victoria's Milling Corporation

PSE Circular for Brokers No. 586-99 • Philippine Stock Exchange • Circulars for Brokers • Mar 24, 1999

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March 24, 1999 PSE CIRCULAR FOR BROKERS NO. 586-99 SUBJECT : Victoria's Milling Corporation Victoria's Milling Corporation ("VMC'), in connection with its Petition for the declaration of a state of suspension of payment, etc., (SEC Case no. 07-97-5693), furnished the Exchange a copy of the "Reply (To Comments/Opposition to Alternative Rehabilitation Plan)" which it filed to the Securities and Exchange Commission (the "Commission"). VMC contested VMC MANCOM's opposition to the rehabilitation plan, stating that the latter denies directors' and stockholders' rights, and that its arguments against the rehabilitation plan is flawed. With these reasons, VMC appeals for the approval of the Alternative Rehabilitation Plan from the Commission. dctai A copy of the said document is available for reference at the PSE Library and PSE-Plaza Administration Office. For your information. (SGD.) JOSE LUIS U. YULO, JR. President and CEO

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