Jollibee Foods Corporation Additional Listing

September 28, 1999 PSE CIRCULAR FOR BROKERS NO. 2442-99 SUBJECT : Jollibee Foods Corporation Additional Listing On August 13, 1997, the Exchange approved subject to 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 P10.00 per share, to cover the Company's Tandem Stock Purchase and Option Plan. In this connection, please be advised that 21,683 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 the-21,683 common shares, availed under the Tandem Stock Purchase and Option Plan is set for Wednesday, September 29, 1999. This-brings the number of common shares listed under the Company's Tandem Stock Purchase and Option Plan to a total of 88,125 common shares. For your information and guidance. (SGD.) JOSE LUIS U. YULO, JR. President & CEO