AFC Enterprises Announces Completion of Restaurant Acquisition

  AFC Enterprises Announces Completion of Restaurant Acquisition

Business Wire

ATLANTA -- November 19, 2012

AFC Enterprises, Inc. announced the completion of its planned $13.8 million
acquisition of 27 restaurants in Minnesota and California. As the Company
indicated on its third quarter earnings call on November 8, 2012, the
acquisition was approved by the bankruptcy court overseeing the bankruptcy of
the seller. Twenty-six (26) of the acquired restaurants will be converted into
the Popeyes Louisiana Kitchen image and the other restaurant property will be
sold. The acquisition accelerates the growth of the Popeyes system and
establishes the brand in underpenetrated markets.

Corporate Profile

AFC Enterprises, Inc. is the franchisor and operator of Popeyes® restaurants,
the world's second-largest quick-service chicken concept based on number of
units. As of September 30, 2012, Popeyes had 2,060 operating restaurants in
the United States, Guam, Puerto Rico, the Cayman Islands and 25 foreign
countries. AFC’s primary objective is to deliver sales and profits by offering
excellent investment opportunities in its Popeyes brand and providing
exceptional franchisee support systems and services to its owners. AFC
Enterprises can be found at www.afce.com.

Contact:

AFC Enterprises, Inc.
Investor inquiries:
Rebecca Gardy, Director, Finance & Investor Relations
404-459-4673 or investor.relations@afce.com
or
Media inquiries:
Alicia Thompson, Vice President, Popeyes Communications & Public Relations
404-459-4572 or popeyescommunications@popeyes.com
 
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