Round Table Pizza, Inc. announced
today that Jim Fletcher has been elected Chairman of the Board of Directors
and will continue as the company’s Chief Executive Officer.

J. Robert McCourt
has been elected President of Round Table Pizza, Inc., succeeding Mr.
Fletcher, and will continue as the company’s Chief Operating Officer.

In making the announcement, Mr. Fletcher explained that his new role will
allow him “to focus on addressing issues critical to Round Table’s long-term
success, including strategic planning and capital management.” Mr. McCourt
will assume leadership of all functions related to company store and franchise
operations. Mr. McCourt joined the company in 1996 as its Chief Financial
Officer, and prior to his promotion to President, he was Senior Vice President
and Chief Operating Officer. Mr. Fletcher also noted, “The tremendous growth
that we have experienced over the last several years has increased both the
complexity of our business as well the need to focus more on long term
planning. Mr. McCourt’s assumption of leadership of the day to day business
will allow me to focus on the long-term strategic challenges facing our

Historically, Round Table’s business focused primarily on franchising.
“However, five years ago we decided to increase our level of ownership of
restaurants to both strengthen our system and increase returns for our
employee owned company,” said Mr. Fletcher. Since then, Round Table has
increased its number of company owned restaurants from 37 (at the beginning of
2000) to 127 company owned restaurants today, one quarter of the 500
restaurants in the Round Table Pizza system. Company owned restaurants are
located in Boise, Idaho, Portland, Oregon, Reno, Nevada, and throughout
California. Over 3,000 full and part time employees work in its company
operations. In 2005 Round Table Pizza was named one of the 100 fastest
growing private companies in the San Francisco Bay Area by the San Francisco
Business Times. In discussing Round Table’s growth, Round Table’s Chief
Operating Officer Rob McCourt said, “Our growth has created many opportunities
for advancement for our employees. This situation is particularly exciting
because it comes on top of the financial benefits that accrue to employees
because we are an employee owned company. Our employee owners are directly
benefiting from Round Table’s success in a number of ways.”

“We plan on significantly increasing the number of new units we are
building,” explained Mr. McCourt. In 2005 Round Table opened 5 new company
owned units, 4 in the California’s San Joaquin Valley and one in Dayton,
Nevada, and it has signed or is about to sign leases for 10 more sites in
California and Nevada. Round Table plans to build over 30 new restaurants in
California and Nevada over the next 2 years “We have had considerable success
when we open new, comfortable restaurants in new retail centers that are
convenient to our customers, and our brand is very strong on the West Coast
and Nevada,” said Mr. McCourt.

Round Table also announced several other promotions in its organization.
Clint Dennis will become Director, Information Services, Jeff Rahn assumes the
position of Director, Brand Marketing, Dave Cheney becomes Director, Franchise
Business Services, and Farhan Jalil will be elevated to Senior Manager,
Financial Planning and Analysis. Mr. Fletcher explained that “these
individuals are being recognized for the leadership and significant
contributions each has made toward the continuing success of our business.”