Rizal Commercial Banking Corporation

May 6, 1998 PSE CIRCULAR FOR BROKERS NO. 953-98 SUBJECT : Rizal Commercial Banking Corporation Further to Circular No. 468-98 dated March 25, 1998, Rizal Commercial Banking Corporation ("RCB") furnished the Exchange on May 4, 1998 a copy of SEC Form 34-C (information Statement) in connection with its Annual Stockholders' Meeting which will be held on May 26, 1998, at the Executive Lounge, 3rd Floor, RCBC Building, 333 Sen. Gil J. Puyat Avenue, at 4:00 p.m., Makati City. The agenda for the meeting shall be as follows: 1. Approval of the Minutes of the Annual Meeting of the Stockholders held on April 8, 1997 2. Approval of the Annual Report and Audited Financial Statement for 1997 3. Ratification of actions of the Board of Directors, different Committees and Management during the year 1997 4. Election of Directors cdt 5. Appointment of External Auditor 6. Such Other Matters as may properly come before the meeting. As previously announced, stockholders of record as of April 24, 1998 will be entitled to vote at the said meeting or any adjournment thereof. A copy of RCB's Information Statement 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