This strategic acquisition of 13 franchised restaurants included 11 restaurants located in the Memphis, TN market and 2 restaurants in the Nashville, TN market. Shelton Development Company will continue its relationship with Popeyes as a developer of Popeyes restaurants.

Ken Keymer, CEO and President stated, "We were attracted to this acquisition because these Tennessee restaurants provide Popeyes additional company-operated test markets for our new menu items, promotional concepts and new restaurant designs which will benefit the entire Popeyes system. In addition, the acquisition of these strong performing restaurants brings geographic diversity to our company-operated restaurant base."

Corporate Profile

AFC Enterprises, Inc. is the franchisor and operator of Popeyes(R) Chicken & Biscuits, the world's second-largest quick-service chicken concept based on number of units. As of February 19, 2006, Popeyes had 1,830 restaurants in the United States, Puerto Rico, Guam and 25 foreign countries. AFC has a primary objective to be the world's Franchisor of Choice(R) by offering investment opportunities in its Popeyes Chicken & Biscuits brand and providing exceptional franchisee support systems and services. AFC Enterprises can be found on the World Wide Web at www.afce.com .

     AFC Contact Information

     Investor inquiries:
     Cheryl Fletcher, Director, Finance & Investor Relations
     (404) 459-4487 or investor.relations@afce.com

     Media inquiries:
     Alicia Thompson, Vice President, Popeyes Communications & Public
      Relations
     (404) 459-4572 or popeyescommunications@popeyes.com