PSE Circular for Brokers No. 861-98

April 29, 1998 PSE CIRCULAR FOR BROKERS NO. 861-98 SECURITIES AND EXCHANGE COMMISSION SEC FORM 11-C CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA)J AND RSA RULE 11(a)-1(b)(3) THEREUNDER 1. Date of Report APRIL 28, 1998 2. SEC Identification Number 11840 3. BIR Tax Identification No. 430-000-100-341 4. Name of registrant as specified in its charter PURE FOODS CORPORATION 5. Province, country or other jurisdiction of incorporation PHILIPPINES 6. Industry Classification Code (SEC Use Only) 7. Address of Principal Office JMT Corporate Condominium, ADB Ave., Ortigas Center, Pasig City, Metro Manila 8. Registrant's telephone number, including area code: (632) 644-1010 9. Securities registered pursuant to Secs. 4 and 8 of the RSA: a. Authorized Capital Stock P840,000,000.00 Title of Each Class (P10.00 par value) AUTHORIZED CAPITAL STOCK COMMON "A" per share 50,628,000 COMMON "B: 33,372,000 b. No. of Shares Outstanding as of 31 Dec., 1997 COMMON "A'" 38,132,713 COMMON "B" 22,573,827 60,706,540 c. Amount of Debt Outstanding as of Dec. 31, 1997 P4,405,126,000.00 (Total Current Liabilities) 10. Item Numbers reported herein: 4(a)& (e) Election of Directors and Officers In the Stockholders Meeting of the registrant held on April 27, 1998 at its principal offices, the following directors were elected to the board: Jaime Zobel de Ayala Jaime Augusto Zobel de Ayala II Fernando Zobel de Ayala Ariston Estrada, Jr. Renato R. Montemayor Carlos G. Dominguez Antonio C. Laurel Ronald W. Fielding Delfin L. Lazaro Mr. Hans Sy, a former director and who declined to stand for re-election to the board of directors, was replaced by Mr. Delfin L. Lazaro. The following Officers of the Corporation were likewise elected and/or appointed, to wit: Jaime Zobel de Ayala Chairman of the Board of Executive Committee Jaime Augusto Zobel de Ayala II Vice Chairman & Member of the ExCom Fernando Zobel de Ayala Member of the ExCom Renato R. Montemayor President and Member of the ExCom Ronald W. Fielding Member of the ExCom Ma. Rosa L. Santos Vice President and Treasurer Atty. Renato O. Marzan Corporate Secretary Atty. David R. Hilario Vice President and Asst. Corp. Sec. 9(b) Declaration of Cash Dividends The Board of Directors, in its meeting held on April 27, 1998 at the principal office of the registrant, approved the declaration of cash dividends of P50 Million or P0.82 per share to all Stockholders of Record as of May 15, 1998 and payment of the dividends to stockholders shall be available on or before June 15, 1998. cdlex Pursuant to the requirements of the Revised Securities Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CASH DIVIDEND Cash dividend P0.82 per share Ex-Cash May 8, 1998 Record Date May 15, 1998 Date Payable on or before June 15, 1998 PUREFOODS CORPORATION (SGD.) ATTY. DAVID R. HILARIO Vice President & Asst . Corp . Sec .