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Metropolitan Insurance Company, Inc.

PSE MEMO FOR BROKERS NO. 239-99 • Philippine Stock Exchange • Memo for Brokers • Jul 13, 1999

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July 13, 1999 PSE MEMO FOR BROKERS NO. 239-99 SUBJECT : Metropolitan Insurance Company, Inc . As of date hereof, Metropolitan Insurance Company, Inc. ("MET") is not in compliance with the structured reportorial requirements of the Exchange for failure to submit its Annual Report using SEC Form 11-A for the fiscal year ended December 31, 1998 and Quarterly Report using SEC Form 11-Q for the quarter ended March 31, 1999 and pay the corresponding fines. For your information. (SGD.) JOSE LUIS U. YULO, JR. President and CEO

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