Wise Holdings, Inc.

January 20, 2000PSE MEMO FOR BROKERS NO. 025-00SUBJECT : Wise Holdings, Inc.Further to Memo for Brokers No. 241-99 dated July 13, 1999, pertaining to Wise Holdings, Inc.'s ("WHI") failure to submit the SEC Form 11-A for the fiscal year ended December 31, 1998, SEC Form 11-Q for the quarters ended March 31, 1999 and June 30, 1999, please be informed that WHI has already submitted the said reports and paid all the fines with the Exchange on January 19, 2000.In view thereof, the suspension on the trading of WHI's shares shall be lifted today, January 20, 2000. cdllFor your information. (SGD.) MARIA ISABEL T. GARCIAOIC, Listing and Disclosure Group