Wendy's/Arby's Group Announces Development Agreement with Wenphil Corporation

Wendy's International, Inc., a subsidiary of Wendy's/Arby's Group, Inc.

, today announced the signing of a long-term agreement with Wenphil Corporation to significantly expand Wendy's® brand presence in the Philippines. The new agreement with Wenphil – a Wendy's franchisee since 1983 – calls for the development of 44 additional restaurants, which would increase the total number of Wendy's locations in the country to 75. As part of the agreement, Wenphil will expand outside of Metro Manila into other cities and regions in the Philippines through the use of sub-franchising.