Semirara Coal Corporation

April 15, 1999 PSE CIRCULAR FOR BROKERS NO. 756-99 SUBJECT : Semirara Coal Corporation Further to Circular for Brokers No. 658-99 dated March 23, 1999, Semirara Coal Corporation ("SCC") 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 May 3, 1999 , at 10:00 A.M. at the 3rd Floor, Dacon Building, 2281 Chino Roces Avenue (formerly Pasong Tamo Extension), Makati City. The agenda for the meeting shall be as follows: 1. Certification of Notice and Quorum 2. Approval of the Minutes of the Annual Stockholders' Meeting held on May 14, 1998 3. Report of the Board of Directors 4. Approval of the Annual Report and 1998 Audited Financial Statements 5. Ratification of the Acts of the Board of Directors and Management 6. Election of the Board of Directors 7. Appointment of External Auditors and Legal Counsels and 8. Such other business as are indicated in the By-Laws and as may properly come before the body As previously announced, stockholders of record as of April 6,1999 are entitled to notice of, and to vote at, said meeting. A copy of SCC's Definitive Information Statement, together with its 1998 Audited Financial Statements, is available for reference at the PSE Library and PSE-Plaza Administration Office. LexLib For your information. Very truly yours, (SGD.) JOSE LUIS U. YULO, JR. President and CEO