Jollibee Foods Corporation Additional Listing

September 14, 1999 PSE CIRCULAR FOR BROKERS NO. 2302-99 SUBJECT : Jollibee Foods Corporation Additional Listing On August 13, 1997, the Exchange approved, subject to the actual availment and full payment of the shares, the listing application of JOLLIBEE FOODS CORPORATION (the "Company") to list additional 26,423,437 common shares with a par value of P1.00 per share, to cover the Company's Tandem Stock Purchase and Option Plan . In this connection, please be advised that 18,483 common shares, have been availed of and fully paid for under the Company's Tandem Stock Purchase and Option Plan. In view thereof, the listing of 18,483 common shares , availed under the Tandem Stock Purchase and Option Plan is set for Wednesday, September 15, 1999 . This brings the number of common shares listed under the Company's Tandem Stock Purchase and Option Plan to a total of 66,442 common shares. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & CEO