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BW Resource Corporation

PSE MEMO FOR BROKERS NO. 234-99 • Philippine Stock Exchange • Memo for Brokers • Jul 8, 1999

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July 8, 1999 PSE MEMO FOR BROKERS NO. 234-99 SUBJECT : BW Resource Corporation Further to Memo for Brokers No. 223-99 dated July 6, 1999, please be informed that BW Resource Corporation ("BW") already submitted its SEC Form 11-Q for the quarter ended March 31, 1999. In view thereof, the trading halt of BW's shares scheduled on July 13, 1999, shall not be considered due to its substantial compliance with the structured reportorial requirements of the Exchange. aisadc For your information. (SGD.) JOSE LUIS U. YULO, JR. President and CEO

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