MIC Holding Corporation

January 3, 2000PSE MEMO FOR BROKERS NO. 001-00SUBJECT : MIC Holding CorporationFurther to Circular for Brokers No. 361-99 dated October 22, 1999, pertaining to MIC Holdings, Inc.'s ("MET") failure to submit the-SEC Form 11-Q for the quarter ended June 30, 1999 and non-payment of fines, please be informed that MET has already submitted the said report including the SEC Form 11-Q for the quarter ended September 30, 1999, and paid all the fines with the- Exchange on December 28, 1999. LibLexIn view thereof, the suspension on the trading of MET's shares shall be lifted effective today, January 3, 2000.For your information. (SGD.) MARIA ISABEL T. GARCIAOIC, Listing and Disclosure Group