AGP Industrial Corporation

April 15, 1999 PSE CIRCULAR FOR BROKERS NO. 753-99 SUBJECT : AGP Industrial Corporation AGP Industrial Corporation ("AGP") furnished the Exchange a copy of its SEC Form 34-C (Preliminary Information Statement) in connection with its Annual Stockholders' Meeting which will be held on May 17, 1999, at 3:00 P.M. at the Makati Sports Club, Alfaro Street, Salcedo Village, Makati City. The agenda for the meeting shall be as follows: 1. Call to order 2. Proof of notice of meeting 3. Determination of quorum 4. Reading and approval of the minutes of the Annual Stockholders' Meeting of 15 June 1998 5. Management report 6. Confirmation and ratification of all acts, proceedings and resolutions of the Board of Directors and Management covered by the Management Report 7. Election of Directors 8. Confirmation and ratification of all pledging of AGPI's holdings of AG&P shares to secure corporate indebtedness 9. Appointment of External Auditor 10. Other matters 11. Adjournment Stockholders of record as of April 16, 1999 are entitled to notice of, and to vote at, said meeting. LLpr A copy of AGP's Preliminary Information Statement is available for reference at the PE Library and PSE-Plaza Administration Office. For your information. Very truly yours, (SGD.) JOSE LUIS U. YULO, JR. President and CEO