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PSE Circular for Brokers No. 2533-98

PSE Circular for Brokers No. 2533-98 • Philippine Stock Exchange • Circulars for Brokers • Nov 5, 1998

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November 5, 1998 PSE CIRCULAR FOR BROKERS NO. 2533-98 November 05, 1998 PHILIPPINE STOCK EXCHANGE, INC . Listing and Disclosure Group Philippine Stock Exchange Center Exchange Road, Ortigas Center Pasig City Attention: Maria Isabel T . Garcia Head Listing and Disclosure Group Gentlemen : In connection with the news articles captioned "Acquisition Plan" in the November 2, 1998 issue of the Business World, we respectfully submit the following clarifications: The context of our discussion with the Business World is Jollibee is now in the major segments of the fastfood industry such as: Hamburger/Fried Chicken, Pizza/Pasta, Roasted Chicken, French Deli. Jollibee has also store outlets overseas. As part of any normal business strategies, Jollibee has always maintained a keen eye on business opportunities that it believes are within its area of core competence. However, there is none of those business opportunities, including Filipino and Chinese fastfoods, that have become available so far. prLL Very truly yours, (SGD.) RUFINO L. DE LA ROSA VP-Finance

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