Jollibee Foods Corporation Additional Listing

October 20, 1999 PSE CIRCULAR FOR BROKERS NO. 2686-99 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 4,644 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 4,644 common shares , availed under the Tandem Stock Purchase and Option Plan is set for Thursday, October 21, 1999 . This brings the number of common shares listed under the Company's Tandem Stock Purchase and Option Plan to a total of 103,532 common shares. The designated Stock Transfer Agent is hereby authorized to record and register in its books the above number of shares. For your information and guidance. (SGD.) MA. ISABEL T. GARCIA OIC, Listing & Disclosure Group