PSE Circular for Brokers No. 624-99

March 29, 1999 PSE CIRCULAR FOR BROKERS NO. 624-99 March 25, 1999 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-1(b)(3) THEREUNDER 1. 25 March 1999 (Date of earliest event reported) 2. SEC Identification Number 23736 3. BIR Tax Identification No. 000-099-128 4. STENIEL MANUFACTURING CORPORATION Exact name of registrant as specified in its charter 5. PHILIPPINES Province, country or other jurisdiction of Incorporation 6. (SEC Use Only) Industry Classification Code 7. Gateway Business Park 4107 General Trias, Cavite Postal Code Philippines Address of principal office 8. (046) 433-0026 and 433-0027 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 Common Shares 876,182,045 1 11. Indicate the item numbers reported herein: Item 4 Item 4 Resignation, Removal or Election of Directors/Officers At a meeting of the Board of Directors held on 24 March 1999, Ms. Gemma M. Santos was elected as Director of the Corporation. SIGNATURES Pursuant to the requirements of the Revised Securities Act, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereto duly authorized. Cdphil STENIEL MANUFACTURING CORPORATION (SGD.) IAN C. WILSON Footnotes 1. Reported by the stock transfer agent as of Feb. 28, 1999.