EEI Corporation

April 24, 1998 PSE CIRCULAR FOR BROKERS NO. 809-98 SUBJECT : EEI Corporation Further to Circular No. 114-98 dated February 11, 1998; EEI Corporation ("EEI") furnished the Exchange on April 23, 1998 a copy of SEC Form 34-A (Definitive Proxy Statement) in connection with its Annual Stockholders' Meeting which will be held on May 15, 1998 at 10:00 a.m., at the Valle Verde Country Club, Capt. H.P. Javier St., Pasig City. The agenda for the meeting shall be as follows: 1. Certification of Sending of Notices and Quorum 2. Approval of minutes of stockholders' meeting held on April 8, 1997 3. Chairman and CEO's Report/Review of Operations a. 1997 Highlight b. Outlook for 1998 4. Approval of the Annual Report and Ratification of the Actions of the Board of Directors/Officers 5. Election of Directors 6. Amendment of Article III, Section 4, of By-Laws fixing the Date of Annual Meeting from Second Tuesday of April of each year to Second Tuesday of May of each year Cdphil 7. Transaction of other business which may come before the meeting 8. Adjournment. As previously announced, stockholders of record as of March 31, 1998 are entitled to notice and to vote at said meeting. A copy of EEI's SEC Form 34-A is available for reference at the PSE Library and PSE-Plaza Administration Office. For your information. (SGD.) REYNOLD P. ONG Vice President, Listings and Disclosure Group