Exhibit 99.1
INTERNATIONAL FAST FOOD CORPORATION
ANNOUNCES CONVERSION OF ITS 11% CONVERTIBLE
SENIOR SUBORDINATED DISCOUNT NOTES DUE 2007
MIAMI BEACH--(BUSINESS WIRE)--November 6, 2000--International Fast Food
Corporation (OTCBB: IFFD) announced today the automatic conversion of its 11%
Convertible Senior Subordinated Discount Notes due 2007. The Company had
approximately $9,636,000 at principal amount at maturity of the Notes
outstanding before the conversion. Each holder of 11% Convertible Senior
Subordinated Discount Notes receives that number of shares of common stock of
International Fast Food Corporation equal to the amount of the aggregate stated
principal amount at maturity of the Notes held by such holder, divided by the
applicable conversion price of $70.00 per share. The Company estimates that it
shall issue approximately 137,908 shares of common stock upon conversion of the
Notes, including shares issued for the interest payments due thereon.
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