Fortune Cement Corporation

April 6, 1999 PSE CIRCULAR FOR BROKERS NO. 659-99 SUBJECT : Fortune Cement Corporation Further to Circular for Brokers No. 554-99 dated March 22, 1999, Fortune Cement Corporation ("FCC") furnished the Exchange a copy of its SEC Form 34-C (Definitive Information Statement), including its 1998 Audited financial Statements, in connection with its Annual Stockholders' Meeting which will be held on April 27, 1999 , at 2:00 P.M. at the Rigodon Ballroom 2, The Manila Peninsula, Makati City. The agenda for the meeting shall be as follows: 1. Call to order 2. Certification of notice and quorum 3. Approval of minutes of annual meeting of stockholders held on April 21, 1998 4. Approval of audited financial statements 5. General ratification of the acts of the Board of Directors and Management from the date of the last annual stockholders' meeting up to the date of this meeting 6. Election of directors for 1999-2000 7. Appointment of external auditors 8. Other matters 9. Adjournment As previously announced, the stockholders of record as of March 29, 1999 are entitled to notice of, and to vote at, said meeting and any adjournment thereof. aisadc A copy of FCC's Definitive Information Statement, together with its 1998 Audited Financial Statements, 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