March 24, 2000

PSE CIRCULAR FOR BROKERS NO. 764-00

March 23, 2000

PHILIPPINE STOCK EXCHANGE
Exchange Center, Exchange Road
Ortigas Commercial Center
Pasig City

Attention:Ms. Grace B. de Guia

Asst. Manager

Surveillance and Monitoring Group

Gentlemen:

Please be informed that in the regular meeting of the Board of Directors of Republic Cement Corporation held this morning, the Board approved to hold the Annual General Meeting of Stockholders on May 25, 2000 at 4:00 p.m. at the New World Renaissance Hotel, Esperanza Street corner Makati .Avenue, Makati City.

The Board likewise approved to designate April 30, 2000 as the record date of stockholders entitled to vote at the said meeting. Thus, the Stock and Transfer Books of the Corporation shall be closed from May 1 to 25, 2000.

We trust that we have adequately complied with your reporting requirements.

Very truly yours,

REPUBLIC CEMENT CORPORATION

(SGD.) CATHERINE T. MANAHAN
Corporate Secretary