March 23, 2000

PSE CIRCULAR FOR BROKERS NO. 754-00

March 22, 2000

PHILIPPINE STOCK EXCHANGE, INC.
Phil. Stock Exchange Centre
Exchange Road, Ortigas Center
Pasig City

Attention : Ms. Grace de Guia

Asst. Manager

Disclosure Department

Gentlemen:

Please be informed that the 2000 Annual Stockholders' Meeting of Seafront Resources Corporation will be held on Wednesday, May 3, 2000 at 2:00 p.m. at the West Lounge of the Manila Polo Club, McKinley Road, Forbes Park, Makati City. The record date for stockholders entitled to notice of and vote at this meeting has been fixed at the close of business on April 3, 2000.

Thank you.

Very truly yours,

(SGD.) FLORENTINO M. HERRERA III
Corporate Secretary