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A&W BRANDS COMPLETES LICENSING AGREEMENT WITH TETLEY FOR READY-TO-DRINK TEA

 A&W BRANDS COMPLETES LICENSING AGREEMENT
 WITH TETLEY FOR READY-TO-DRINK TEA
 WHITE PLAINS, N.Y., Feb. 19 /PRNewswire/ -- A&W Brands, Inc. (NASDAQ: SODA) announced today that it completed an agreement with Tetley, Inc., giving A&W the exclusive U.S. manufacturing and distribution rights to all ready-to-drink iced tea products bearing the Tetley trademark.
 The agreement in principle was announced yesterday by M.L. Lowenkron, chairman and chief executive officer of A&W Brands, and Henry McInerney, president and chief executive officer of Tetley.
 The two chief executives -- who signed the completed agreement today -- said the purpose of the agreement is to combine A&W's strong marketing and distribution network with Tetley, an established and highly recognized brand name.
 Tetley, Inc. is part of the foods division of Allied Lyons, a British conglomerate which owns Hiram Walker, Baskin Robbins and Dunkin Donuts. Tetley's U.S. products include retail and food service teas under the Tetley trademark, as well as several coffee brands.
 A&W Brands, Inc., headquartered in White Plains, markets nine soft drinks in five flavor categories. The brands include A&W Root Beer, diet A&W Root Beer, A&W Cream Soda, diet A&W Cream Soda, Squirt, Diet Squirt, Vernors, diet Vernors and Country Time Lemonade in ready-to- drink form.
 -0- 2/19/92
 /NOTE TO EDITORS: Black and white photo re: signing available upon request./
 /CONTACT: Ernest J. Cavallo of A&W Brands, 914-397-1700/
 (SODA) CO: A&W Brands, Inc.; Tetley, Inc. ST: New York IN: FOD SU: LIC


CK -- NY089 -- 0696 02/19/92 18:10 EST
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Publication:PR Newswire
Date:Feb 19, 1992
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