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AGREEMENT OF JOINT FILING
In accordance with Rule 13d-1(f), promulgated under the Securities
Exchange Act of 1934, as amended, each of the undersigned hereby agrees to the
joint filing on behalf of each of them of a Statement on Schedule 13D, and any
amendments thereto, with respect to the Common Stock, $.0001 par value, of
BRAZIL FAST FOOD CORP. and that this Agreement may be included as an Exhibit to
such filing.
Each of the undersigned parties represents and warrants to the other
that the information contained in any amendment thereto about it will be, true,
correct and complete in all material respects and in accordance with all
applicable laws. Each of the undersigned parties agrees to inform the other of
any changes in such information or of any additional information which would
require any amendment to the Schedule 13D and to promptly file such amendment.
Each of the undersigned parties agrees to indemnify the other for any
losses, claims, liabilities or expenses (including reasonable legal fees and
expenses) resulting from, or arising in connection with, the breach by such
party of any of representations, warranties or agreements in this Agreement.
This Agreement may be executed in any number of counterparts, each of
which shall be deemed to be an original and all of which together shall be
deemed to constitute one and the same Agreement.
IN WITNESS WHEREOF, each of the undersigned hereby executes this
Agreement as of August 11, 1997.
AMERICAN INTERNATIONAL GROUP, INC.
By: /s/ Xxxxxxxx X. Xxxxxxx
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Name: Xxxxxxxx X. Xxxxxxx
Title: Vice President and Secretary
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AIG LATIN AMERICA EQUITY PARTNERS, LTD
By /s/ X.X. Xxxxxx
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Name: X.X. Xxxxxx
Title: Director
AMERICAN INTERNATIONAL UNDERWRITERS
OVERSEAS, LTD.
By /s/ X.X. Xxxxxx
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Name: X.X. Xxxxxx
Title: Vice President and Secretary