Vantage Equities, Inc.

Philippine Stock Exchange

PSE Circulars

PSE Circular for Brokers No. 723-00

March 21, 2000

PSE CIRCULAR FOR BROKERS NO. 723-00

SUBJECT : Vantage Equities, Inc.

Further to Circular for Brokers No. 712-2000 dated March 20, 2000 relative to Vantage Equities, Inc.'s ("V") Memorandum of Agreement with the information technology and internet consortium which paved way for its acquisition of WS Computer Publishing Corporation, Nexus Technologies, Inc., Jupiter Systems, Inc. and Wordtext System, Inc., attached are copies of the Audited Financial Statements of the above-mentioned companies for the year ended December 31, 1998.

In view thereof, the suspension of trading of V shares is hereby lifted today, March 21, 2000.

For your information.


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

REPORT OF INDEPENDENT CERTIFIED PUBLIC ACCOUNTANTS TO ACCOMPANY INCOME TAX RETURN

JUPITER SYSTEMS, INCORPORATED

Don Pablo Bldg, 114 Amorsolo St.

Legaspi Village, Makati City

I have examined the financial statements of JUPITER SYSTEMS, INCORPORATED as of December 31, 1998, on which I have rendered the attached report dated April 15, 1999.

In compliance with Revenue Regulations V-20, I am stating the following:

1. The taxes paid or accrued by the above company for the year ended December...

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