PSE Circular for Brokers No. 898-98

April 30, 1998 PSE CIRCULAR FOR BROKERS NO. 898-98 Philippine Stock Exchange Tektite Tower Exchange Road, Ortigas Center Pasig City Attention: Compliance & Surveillance Department Gentlemen : RE : Sanitary Wares Manufacturing Corporation Please find copy of Amended RSA Form 11-C filed with the SEC today. In No. 11 Item 4, please see the inclusion of MR. JOSE T. PARDO, one of the elected members of the Board of Directors. Very truly yours, ROMULO, MABANTA, BUENAVENTURA, SAYOC & DE LOS ANGELES By (SGD.) CYNTHIA ROXAS-DEL CASTILLO CURRENT REPORT UNDER SECTION 11 OF THE REVISED SECURITIES ACT (RSA) AND RSA RULE 11(a)-1(b)(3) THEREUNDER 1. March 31, 1998 Date of Report (Date of earliest event reported) 2. SEC Identification No. 19065 3. BIR Tax Identification No. 053-000-282-143 4. Exact name of registrant as specified in the charter Sanitary Wares Manufacturing Corporation 5. Philippines Province, Country or other jurisdiction of incorporation or organization 6. [ ] (SEC Use Only) Industry Classification Code 7. 10th Floor, Feliza Building, 108 Herrera St., Legaspi Village, Makati City Address of principal office Postal Code 8. (632) 892-9801 Registrant's telephone number, including area code 9. Not Applicable Former name, former address, and former fiscal year, if changed since last report 10. Securities registered pursuant to Sections 4 and 8 of the RSA Number of Shares of Common Stock Title of Each Class Outstanding and Amount of Debt Outstanding Common Stock P1.00 par value 295,135,010 (No debt registered under RSA) 11. Indicate the item numbers reported herein: Item 4 . Resignation, Removal or Election of Registrant's Directors or Officers The following were elected as members of the Board of Directors in the Annual Stockholder's Meeting held on March 31, 1998, to hold office for a term of one (1) year and until their successors have been duly elected and qualified: 1. Jose F. Buenaventura 2. Graham Davies 3. Cynthia Roxas-del Castillo 4. Noel Bell 5. Michael Capparis 6. Amante Rimando 7. Jose T. Pardo Immediately following the Annual Stockholders' Meeting, the newly elected Board of Directors held its organizational meeting where the following officers were unanimously elected: 1. Jose F. Buenaventura Chairman 2. Graham Davies President 3. Cynthia Roxas-del Castillo Corporate Secretary 4. Leonardo R. Dominguez Treasurer SIGNATURES 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. (SGD.) CYNTHIA ROXAS-DEL CASTILLO Corporate Secretary