SONIC Drive-In Gains More Ground in Raleigh, N.C.

  SONIC Drive-In Gains More Ground in Raleigh, N.C.

             New franchisee opening five drive-ins in five years

Business Wire

OKLAHOMA CITY -- June 5, 2014

SONIC® Drive-In (NASDAQ: SONC) today announced a new franchise agreement that
will bring five new drive-ins to the Raleigh-Durham market over the next five
years, adding to the 23 drive-ins currently operating in the Raleigh-Durham
market. The nation’s largest chain of drive-in restaurants has signed an
agreement with a new SONIC Drive-In franchisee, PGM Properties, LLC, to
develop these locations.

“The folks of PGM Properties have extensive experience in the franchise world,
and we are confident in their capabilities to develop the first new locations
in Raleigh since before the recession,” said Bob Franke, senior vice president
of franchise sales and international development for Sonic. “Franchisees have
many different restaurant concept options, but the SONIC Drive-In experience
offers something special. The light-hearted, family-friendly atmosphere with
menu items available only at SONIC and the sense of humor reinforced by our
national Two Guys advertising are unique, all equating to a brand that is
attractive to both franchisees and guests.”

PGM Properties is a full-service commercial development firm with over 75
years of combined commercial real estate experience among the founding
principles alone. The company specializes in the development of grocery
stores, shopping centers and single-tenant retail and restaurant locations in
the Southeast.

“SONIC will be our first foray into the restaurant industry as owners, but
it’s something we’ve been pondering and planning for a long time,” said Dudley
Parker, principal of PGM Properties. “After a great deal of research and
strong recommendations from other SONIC franchisees, we made the easy choice
to pursue a development agreement with SONIC Drive-In. It has been a wonderful
experience, and we look forward with working with this strong brand for years
to come.”

In April 2014, SONIC Drive-In announced plans to open 1,000 new locations in
the span of 10 years. This Raleigh agreement is one piece of the nation-wide
puzzle that will culminate in reaching the brand’s ultimate goal of having a
drive-in within 10 minutes of every single guest.

SONIC’s unique menu, friendly Carhops and over one million drink combinations
make it among the most differentiated concepts in the restaurant industry.
SONIC continues its transition from a regional powerhouse to a national brand,
and current national expansion plans mean that franchise opportunities are
still available. In North Carolina, there are additional opportunities
throughout the state. Individuals interested in pursuing a SONIC franchise are
encouraged to visit SonicFranchises.com for more information.

About SONIC, America’s Drive-In

SONIC, America’s Drive-In, is the nation's largest drive-in restaurant chain
serving more than 3 million customers every day. Nearly 90 percent of SONIC’s
3,500 drive-in locations are owned and operated by local business men and
women. Over the past 60 years, SONIC has delighted guests with signature menu
items, more than 1 million drink combinations and friendly service by iconic
Carhops. SONIC received top honors as America's "#1 burger quick service
restaurant," ranking in the top 5 of all brands in the 2014 Temkin Experience
Ratings report. To learn more aboutSonic Corp. (NASDAQ/NM: SONC), please
visitsonicdrivein.com or follow us on Facebook and Twitter.

SONC-D

Contact:

for SONIC Drive-In
Matthew Young, 512-542-2802
matthew.young@cohnwolfe.com
 
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