PSE Circular for Brokers No. 813-98

April 27, 1998 PSE CIRCULAR FOR BROKERS NO. 813-98 April 22, 1998 Philippine Stock Exchange, Inc. PSE Center, Exchange Road Ortigas Center, Pasig City Fax No. 6342051 Attention: Ma . Isabel T . Garcia Head, Listing Group Gentlemen : We advise that Fil-Hispano Holdings Corporation will be holding its Postponed Annual Stockholders' Meeting on May 26, 1998 at the Metropolitan Club, Estrella cor. Amapola Street, Bel-Air Village, Makati City. The record date is on March 20, 1998. The tentative agenda is as follows: 1. Call to Order 2. Proof of Notice and Certification of Quorum 3. Approval of Minutes of Previous Stockholders' Meeting 4. Management Report and Audited Financial Statements for Year Ended December 31, 1997 5. Ratification of Previous Corporate Acts 6. Amendment of Article Third of the Articles of Incorporation, to change the location of the principal office to any place in Metro Manila; and of Article Seventh, for the increase of the authorized capital stock, and authorizing the creation of additional common shares, preferred shares and/or other types of securities in relation to such increase 7. Approval of the spin-off of certain assets to a landholding subsidiary, and the manufacturing operations to another separate subsidiary 8. Approval of the creation of a mortgage trust indenture over certain real properties of the Company 9. Election of Directors 10. Appointment of External Auditors 11. Adjournment Very truly yours, (SGD.) ROBERTO V. SAN JOSE Corporate Secretary