Vantage Equities, Inc.

Philippine Stock Exchange

PSE Circulars

PSE Circular for Brokers No. 731-00

March 21, 2000

PSE CIRCULAR FOR BROKERS NO. 731-00

Posted March 20, 2000

SUBJECT : Vantage Equities, Inc.

In connection with Vantage Equities, Inc.'s ("V") Memorandum of Agreement for the acquisition of WS Computer Publishing Corporation, Nexus Technologies, Inc., Jupiter Systems, Inc. and Wordtext System, Inc., V advised the Exchange that the number of shares to be issued in the transaction is approximately 380,000,000 shares. The final figure will be determined upon confirmation of the average closing price of the company for the last 30 trading days ending last Friday, March 17, 2000 and the usual due diligence to be conducted by V on the companies to be acquired.

For your information.

(SGD.) MARIA ISABEL T. GARCIA
OIC, Listings & Disclosure Group

AIC Grande Tower Garnet Road
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Metro Manila Philippines

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