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Tim Hortons Inc. statement on passing of Ronald Osborne

           Tim Hortons Inc. statement on passing of Ronald Osborne

PR Newswire

OAKVILLE, ON, April 9, 2013

OAKVILLE, ON, April 9, 2013 /PRNewswire/ - Tim Hortons Inc. was saddened today
to learn of the passing of Ronald Osborne, who joined the Tim Hortons Board of
Directors in 2008.

"Ron developed a reputation over many years as a highly regarded and respected
executive and corporate director in the Canadian business landscape. He
brought deep business insight to his role as a director and member of our
Audit Committee, and provided great value to the Company and its shareholders
through his business savvy and intellect coupled with his significant
financial and risk expertise," said Paul House, executive chairman, president
and CEO, Tim Hortons.

We offer our sincere condolences to Mr. Osborne's family and friends.

Tim Hortons Inc. Overview

Tim Hortons is one of the largest publicly-traded restaurant chains in North
America based on market capitalization, and the largest in Canada. Operating
in the quick service segment of the restaurant industry, Tim Hortons appeals
to a broad range of consumer tastes, with a menu that includes premium coffee,
espresso-based hot and cold specialty drinks including lattes, cappuccinos and
espresso shots, specialty teas, fruit smoothies, home-style soups, fresh
Panini and classic sandwiches, wraps, hot breakfast sandwiches and fresh baked
goods, including our trademark donuts. As of December 30^th, 2012, Tim Hortons
had 4,264 systemwide restaurants, including 3,436 in Canada, 804 in the United
States and 24 in the Gulf Cooperation Council. More information about the
Company is available at www.timhortons.com.

SOURCE Tim Hortons Inc.

Contact:

Scott Bonikowsky, (905) 339-6186 orbonikowsky_scott@timhortons.com
 
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