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Saturday, November 22, 2008

Wendy's/Arby's Group Confirms Atlanta Support Center Expansion Plans

Georgia Governor Sonny Perdue and Wendy's/Arby's Group, Inc., the franchisor of the Wendy's and Arby's restaurant systems, announced today the Company's plans to expand its corporate support center in Georgia as a result of the recent merger of Triarc Companies, Inc. and Wendy’s International, Inc. The company expects to invest as much as $3.5 million in the expansion, lease an additional 50,000 square feet of office space and anticipates relocating at least 120 job positions to Atlanta from Ohio – a small boost to the Atlanta job market.

“We are pleased to welcome the increased corporate presence of these world-famous brands to Georgia,” said Governor Perdue. “Georgia continues to offer a healthy business environment and an outstanding customer service ethic that helps companies like the Wendy's/Arby's Group thrive and expand in our state.”

Wendy’s/Arby’s Group, Inc. is the third largest quick-service restaurant company in the United States and is the franchisor of the Wendy’s and Arby’s restaurant systems. The combined restaurant systems include more than 10,000 restaurants in 50 states and 21 countries worldwide.

Wendy's/Arby's Group will have a consolidated support center based in Atlanta which will oversee public company responsibilities and shared service functions. The headquarters and restaurant support staff of the Wendy's brand will remain in Dublin, Ohio and the headquarters and restaurant support staff of the Arby’s brand will remain in Atlanta, Georgia.

Roland Smith, President and Chief Executive Officer of Wendy's/Arby's Group, said: “We are working together with employees of both companies on integration plans and with this planned expansion, we will be well on our way to creating the necessary corporate infrastructure to support and grow our two quality brands.”

"The Development Authority of Fulton County is pleased to be able to offer our support toward the expansion efforts of the corporate headquarters for the Wendy's/Arby's Group," said Dr. C. Clayton Powell, Executive Director of the Development Authority of Fulton County.

Mary Douglass with the Georgia Department of Economic Development also assisted the company with its expansion.

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