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ARBY'S TO RELOCATE HEADQUARTERS

 MIAMI, July 29 /PRNewswire/ -- Don Pierce, president and chief executive officer of Arby's, Inc., announced today that Arby's headquarters will move to Fort Lauderdale, Fla.
 "Our new headquarters, located in the Raddice complex, will be state-of-the-art in terms of environment and technology. We will include a fully equipped test kitchen and new product development center in the facility," Pierce said. "This move is part of an overall program to change how Arby's does business. By providing exectives with a highly professional work environment, we will be better able to focus on expanding our business through investments, marketing and innovation."
 The company's corporate offices will be located at Cypress Creek Road and I-95. Arby's will occupy the sixth and seventh floors at 1000 Corporate Place. Arby's sister company, Royal Crown Cola Co., will occupy the fourth and fifth floors at the same address. Both moves are scheduled to be completed by the end of the year.
 Arby's recently announced a company reorganization, positioning the fast-food chain for greater brand identification and development. The July 1 announcement was made just 48 days after Don Pierce became president and chief executive officer for the company.
 For the past two years, Arby's headquarters has been located at 6917 Collins Avenue in Miami Beach. In April, control of DWG Corporation, Arby's parent, was acquired by Nelson Peltz and Peter May.
 Arby's is the world's leading roast beef chain, with approximately 2,600 restaurants in the United States, Canada, Asia, the Middle East, Mexico, Latin America, Europe and the Caribbean. In 1992, the company reached a record $1.52 billion in sales.
 Founded in 1964 with 20 employees, Arby's today has 75,000 employees worldwide. Arby's is ranked as an industry leader in areas such as technology, product development, nutritional and consumer information, and community services.
 -0- 7/29/93
 /CONTACT: Lynn Sokler or Patrick Hill of Manning, Selvage & Lee, 404-875-1444, for Arby's, or Mark Stine of Arby's, 305-866-1904/


CO: Arby's, Inc. ST: Florida IN: FOD SU:

BR-TG -- AT024 -- 7482 07/29/93 17:39 EDT
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Publication:PR Newswire
Date:Jul 29, 1993
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