Notice of the Annual Stockholders' Meeting

April 12, 1999 PSE CIRCULAR FOR BROKERS NO. 716-99 NOTICE OF THE ANNUAL STOCKHOLDERS' MEETING Please be informed that the annual stockholders' meeting of Pacifica, Inc. will be held on Wednesday, April 28, 1999 at 3:00 o'clock in the afternoon at the Boracay II Room EDSA Shangri-La, Mandaluyong City, Metro Manila, Philippines, for the purpose of: (1) electing the members of the Board of Directors, (2) approving the annual report and financial statements of the Company, and (3) transacting such other business as may properly come up before the meeting. The stock and transfer book of the Company will be closed at the end of business hours at 5:00 o'clock P.M. on March 26, 1999 and will be reopened after the annual stockholders' meeting. Only stockholders of record in the books of the Corporation as of March 26, 1999 are entitled to notice and to vote at said meeting. LexLib Stockholders who cannot attend the meeting may, at their sole discretion, appoint in writing their authorized representative to attend said meeting. Written authority shall be submitted for inspection and recording at the office of the Corporate Secretary at 1744 Dian Street, Palanan, Makati City, Metro Manila, not later than April 23, 1999 at 5:00 o'clock P.M.. This is a notice of meeting only and not a solicitation for proxy. (SGD.) VICENTE R. ACSAY Corporate Secretary REGULAR ANNUAL STOCKHOLDERS' MEETING DATE April 28, 1999 (Wednesday) TIME 3:00 o'clock P.M. PLACE Boracay II Room EDSA Shangri-La City of Mandaluyong AGENDA 1. Secretary's Proof of Notice of Meeting 2. Quorum 3. Approval of the Minutes of the Regular Annual Stockholders' Meeting held on April 29, 1998 4. Annual Report as at December 31, 1998 a. President's Report b. Financial Statements 5. Approval by the stockholders of the Annual Report and the Financial Statements of the Corporation 6. Nomination and election of nine (9) directors 7. Ratification of all acts, contracts and proceedings of the Board of Directors and Corporate Officers, acting within the scope of their designated authority, since the 1997 annual stockholders' meeting 8. Other Matters 9. Adjournment