PSE Circular for Brokers No. 910-99

April 28, 1999 PSE CIRCULAR FOR BROKERS NO. 910-99 April 27, 1999 Philippine Stock Exchange Tektite Tower, Ortigas Avenue Ortigas Center, Pasig City Fax No.: 631-0809 634-2051 Attention: Disclosure Dept Listings Group RE : Fortune Cement Corporation Dear Sirs: This is to advise that at the regular annual stockholder's meeting of Fortune Cement Corporation (the "Corporation") held on April 27, 1999, the following stockholders were elected directors of the Corporation to save for the period 1999-2000 and until their successors shall have been duly elected and qualified: cdpr HENRY T. SY, JR. ANTONIO HENSON JOSE T. SIO MICHAEL FITCH RAMON ANG GILBERT GARCIA JUAN MIGUEL MONTINOLA This is to further advise that at the organizational meeting of the board of directors of the Corporation held on April 27, 1999: 1. The following persons were elected officers of the Corporation to serve for the period 1999-2000 and until their successors shall have been duly elected and qualified; Name Position HENRY T. SY, JR. Chairman of the Board GILBERT GARCIA President ARLENE C. KEH Treasurer EMMANUEL C. PARAS Secretary JOCELYN I. SANCHEZ-SALAZAR Asst. Secretary MA. THERESITA DE GUZMAN Controller 2. The following persons were elected members of the Executive Committee to serve for the period 1999-2000 and until their successors shall have been duly elected and qualified: MICHAEL FITCH GILBERT GARCIA ANDREW CUNNINGHAM HENRY SY, SR. JOSE T. SIO Very truly yours, (SGD.) EMMANUEL C. PARES Corporate Secretary Fortune Cement Concepcion