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BRINKER INTERNATIONAL ENTERS AGREEMENT TO DEVELOP CHILI'S RESTAURANTS IN 10 ASIAN COUNTRIES

 DALLAS, Oct. 26 /PRNewswire/ -- Dallas-based Brinker International, Inc. (NYSE: EAT), today announced that its Asian franchisee and development partner, PAC-AM Food Concepts, Inc., has admitted new partners into the company to further its aggressive development of Chili's Grill & Bar restaurants throughout the region.
 Mr. Hin Hiong Khoo, executive chairman of the Asian development company, stated that WyWy Worldwide Ltd., one of Asia's largest retailers, and Sunburst Investments Pte. Ltd., a member of Singapore Technologies Ventures, a quasi-government entity owned by the Republic of Singapore, have acquired an equal ownership interest with Khoo in PAC-AM Food Concepts, Inc.
 The first Chili's restaurant is scheduled to open in Singapore in January 1994, followed by openings in Jakarta, Indonesia, and Kuala Lumpur, Malaysia. PAC-AM Food Concepts will develop up to 40 additional stores in Hong Kong, Thailand, Taiwan, the Philippines, Brunei, the Peoples' Republic of China and Korea over the next five years.
 "We are bringing to Asia the concept that has been acclaimed as the very best in the United States in the casual dining segment," said Khoo. "We believe that there is a significant niche that we will fulfill throughout Asia and the Pacific Rim. This is the fastest growing economy in the world and we are strategically positioned to capitalize on this momentum."
 According to Ron McDougall, president and chief operating officer of Brinker International, the addition of the new partners with such a depth of experience and financial strength reinforces the company's commitment to aggressive development in Asia.
 Brinker International recently announced agreements to develop up to 50 Chili's restaurants in Australia over the next seven years, and more than 35 Chili's restaurants in France, the Middle East and the Caribbean.
 Brinker International opened its first international Chili's location in Edmonton, Canada, in 1991, and has since added Chili's restaurants in Montreal, Canada, and in Mexico City and Monterrey, Mexico.
 Brinker International currently has 393 restaurants in 42 states and in Canada and Mexico. The company's portfolio of four restaurant concepts -- Chili's Grill & Bar, Romano's Macaroni Grill, Grady's American Grill and Spageddies -- generated more than $809 million in systemwide revenues in the 1993 fiscal year. Brinker International's stated goal is to achieve annual systemwide revenues in excess of $2 billion by the end of the decade.
 -0- 10/26/93
 /CONTACT: Ann Cervenka or Rob Martin of Meltzer & Martin Public Relations, 214-953-0808, for Brinker International, Inc./
 (EAT)


CO: Brinker International, Inc.; PAC-AM Food Concepts, Inc. ST: Texas IN: LEI SU:

TW -- NY024 -- 6768 10/26/93 09:29 EDT
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Publication:PR Newswire
Date:Oct 26, 1993
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