AFC Enterprises, Inc. today announced that Dick Holbrook,
President and Chief Operating Officer of AFC Enterprises, will be resigning
his position, effective at the end of the year 2004, but will continue to
serve as a member of the AFC Board of Directors. Holbrook was one of
the founding principals of AFC in 1992 and has held his current positions
for nearly nine years. During his tenure, Mr. Holbrook has been responsible
for the operational performance of all brands in the AFC portfolio and has
managed Information Technology, Supply Chain Management and Human
Resources. Holbrook also served as interim President of AFC’s former
subsidiary, Seattle Coffee Company, and most recently, AFC’s Popeyes
Chicken & Biscuits division.

“I have tremendous respect for the AFC team and
greatly appreciate the company’s diligent efforts to focus and streamline
the business,” says Holbrook. “I plan to remain in place until the end of 2004 to
participate in the final stages of the strategic plan.”

At press time, Holbrook’s future plans were not disclosed.