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PAPA JOHN'S INTERNATIONAL, INC. INITIAL PUBLIC OFFERING OF COMMON STOCK

 LOUISVILLE, Ky., June 8 /PRNewswire/ --Papa John's International, Inc. (NASDAQ: PZZA) announced today that its registration statement with the Securities and Exchange Commission covering 1,450,000 shares of common stock was declared effective at a price of $13 per share. Montgomery Securities and Alex. Brown & Sons Incorporated are managers of the underwriting group.
 Papa John's operates and franchises pizza delivery and carry-out restaurants under the trademark "Papa John's" in 18 states in the Midwest, Mid-Atlantic and Southeast. The first company-owned restaurant opened in 1985 and the first franchised restaurant opened in 1986. At May 24, 1993, there were 273 Papa John's restaurants in operation, consisting of 48 company-owned and 225 franchised restaurants.
 A prospectus relating to these securities may be obtained from Montgomery Securities, 600 Montgomery Street, San Francisco, Calif. 94111, 415-627-2000 or Alex. Brown & Sons Incorporated, 135 East Baltimore Street, Baltimore, Md. 21202, 410-727-1700.
 -0- 6/8/93
 /CONTACT: Charles Schnatter of Papa John's International, Inc., 502-266-5200/
 (PZZA)


CO: Papa John's International, Inc. ST: Kentucky IN: LEI SU: OFR

TS -- NY053 -- 6567 06/08/93 12:25 EDT
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Publication:PR Newswire
Date:Jun 8, 1993
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