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MASCOTT CORPORATION SUSPENSION OF OPERATIONS OF MARKERS ITALIAN GRILLE

 LIVINGSTON, N.J., Nov. 10 /PRNewswire/ -- Mascott Corporation (NASDAQ: DINE) (the "Company") announced today that, effective Nov. 21, 1993, it will suspend operations of one of its two full-service restaurants, Markers Italian Grille located in Somers Point, N.J. The Company had written off substantially all of the assets of Markers Italian Grille as of February 1993, when the company determined that it would be unable to recover the value of such assets through future operations. The Company is now in the process of attempting to sell Markers Italian Grille.
 The Company believes that the suspension of operations of Markers Italian Grille will better enable it to focus its efforts on its Cinnabon bakery franchise operations and its continued development of its Willie Mays Country Chicken concept.
 Mascott Corporation currently owns and operates 12 Cinnabon bakery franchises and three Willie Mays Chicken locations in regional shopping malls, as well as one other full-service restaurant, Markers Restaurant & Bar, located in Jersey City, N.J.
 -0- 11/10/93
 /CONTACT: Scott M. Gillman, chief executive officer of Mascott, 201-535-1000/
 (DINE)


CO: Mascott Corporation ST: New Jersey IN: LEI SU:

WB-JS -- NY004 -- 2560 11/10/93 08:00 EST
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Publication:PR Newswire
Date:Nov 10, 1993
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