March 20, 2000

PSE CIRCULAR FOR BROKERS NO. 705-00

March 17, 2000

PHILIPPINE STOCK EXCHANGE, INC.
4th Floor, Tektite Tower
Exchange Road, Pasig City
Metro Manila

Attention: MR. JOSE U. YULO, JR.

President/CEO

Gentlemen :

We wish to advise your goodselves that the Board of Directors of EEI CORPORATION has fixed the close of business on March 31, 2000, as the record date for purposes of determining the Company's stockholders entitled to notice, of and to vote in, the Annual Stockholders' Meeting of EEI CORPORATION which will be held at the Club Filipino, San Juan, Metro Manila at 10:00 a.m. on May 09, 2000. acAESC

Very truly yours,

EEI CORPORATION

(SGD.) FERDINAND G. VILLAFUERTE
Sr. Vice President & Corporate Secretary