Pizza Pizza Royalty Corp.TSX: PZA

It's game on for Pizza Pizza expansion in QUEBEC market

· Issued by Pizza Pizza Royalty Corp.
Leading pizza maker teams with Montreal Canadiens and targets top
franchise partners

MONTREAL, Oct. 17 /CNW Telbec/ - Setting the table for its expansion in
the Quebec market, Pizza Pizza Limited, the country's leading purveyor of
pizza slices, announced today its sponsorship program with the Montreal
Canadiens and initiated the search for top franchise partners in the province.
The two strategies are an integral part of the company's game plan as it
prepares to grow its business in Quebec, where Pizza Pizza currently has six
traditional restaurants in the Outaouais and Abitibi regions as well as
operations in such locations as major university and college campuses,
theatres and other venues.
The program with the Canadiens, a sporting and cultural icon in the
province, will see Pizza Pizza become one of the team's official partners and
the exclusive pizza vendor at seven concession counters for all events at the
Bell Centre, the home of the National Hockey League club.
In addition to operating the concession counters, Pizza Pizza will have a
presence at all home games and special events, enhancing the visibility of the
brand. Pizza Pizza will also be using time spots on Canadiens' broadcasts and
advertising in the game program, as well as other conventional vehicles, to
seek out potential franchise partners.
"The expansion Pizza Pizza is undertaking in Quebec is consistent with
the company's overall growth strategy outlined earlier in the year," said
Daniel Vukovich, Chief Operating Officer of Pizza Pizza Limited. "This
includes growth through existing markets, new consumer segments such as the
health-conscious consumer, additional day-parts - lunch, for example - as well
as other expansion opportunities.
"We are proceeding according to plans, with initial expansion driven by
our branding efforts, local partnerships, non-traditional sites, and a
concerted search for franchise partners. We know that Quebecers value quality
and taste, and we are delighted to offer them a food choice that meets their
needs and expectations and is compatible with a well-balanced lifestyle."

Founded in 1967, Pizza Pizza has become one of Canada's leading quick
service restaurant operators, an accomplishment it has attained with most of
its restaurants in Western Quebec and Ontario. The company's success and
positive outlook is due in part to a strong brand, quality franchise partners,
rigorous focus on quality, fresh ingredients, customer service and
convenience, and community involvement.
Pizza Pizza Limited is a privately owned Canadian company which completed
an initial public offering on July 6, 2005 with the creation of the Pizza
Pizza Royalty Income Fund. The Fund is a limited purpose, open-ended trust
which is listed on the Toronto Stock Exchange under the symbol PZA.UN.