PRESS RELEASE

Yellow Cab Pizza Enters Singapore

MANILA Maxs Group, Inc. (MGI) intends to penetrate a major food and beverage hub
in Southeast Asia.
MGI recently sealed a development agreement with Pagh Pte. Ltd. to build at least 5
Yellow Cab Pizza stores in Singapore.
We are thrilled with the opportunity to bring Yellow Cab Pizza in a highly strategic
market such as Singapore. We are confident that our mainstream offerings and value
proposition will allow us to stay competitive alongside some of the biggest global food
names, said Maxs Group President and CEO, Robert F. Trota.
This is the fourth development agreement inked by MGI for 2016, translating to a total of
116 international stores set to open over the next few years. MGI envisions operating a
network of at least 200 outlets overseas by 2020.
We found the right partner in Pagh Pte. Ltd. for this venture. We can rely on their focus
and determination to deliver best quality products and genuine service to Singaporeans,
Mr. Trota added.
Pagh Pte. Ltd. is a family-owned company set up primarily to invest in the casual dining
business.
"We recognise that Yellow Cab Pizza offers a different more exciting experience than the
brands currently now on offer in Singapore. Singaporeans are discerning in their food
experience. We are therefore confident that Yellow Cab Pizza will be the Singaporeans
place of choice for American Italian casual dining," from Tiara K. Chopra, Director.
Yellow Cab currently operates a network of 135 branches including 6 franchised outlets
located in Qatar and 1 in UAE. Plans are ongoing to open its flagship store in Beijing and
Changsha as well as a pilot branch in Hawaii.
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About Maxs Group, Inc.
The Max's Group, Inc. (PSE: MAXS) traces its heritage to the beginning of Max's
Restaurant in 1945. Today, Max's Group is the largest operator in the Philippine casual
dining segment. Its family of brands include Max's Restaurant, Pancake House, Yellow
Cab Pizza, Krispy Kreme, Jamba Juice, Maxs Corner Bakery, Teriyaki Boy, Dencios,
Meranti, Le Coeur De France, Maple, Kabisera, Singkit and Sizzlin Steak.
About Pagh Pte. Ltd.
Pagh Pte. Ltd. is a family-owned company set up primarily to invest in the casual dining
business.
For media inquiries, please contact:
Charlene G. Sapina
Marketing Programs Manager
+63 999 889 3954
cgsapina@maxsgroupinc.com

Paul C. Cheah
Investor Relations Manager
+63 998 964 1702
pccheah@maxsgroupinc.com