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TACO CABANA PRICES INITIAL PUBLIC OFFERING

 TACO CABANA PRICES INITIAL PUBLIC OFFERING
 SAN ANTONIO, Oct. 16 /PRNewswire/ --Taco Cabana, Inc. (NASDAQ: TACO)


announced today the pricing of its initial public offering of 2,700,000 shares of common stock at an offering price of $13.50 per share. Montgomery Securities and Stephens Inc. are co-managers of the underwriting group.
 Of the 2,700,000 shares sold, 1,650,000 shares were issued and sold by the company, and 1,050,000 shares were sold by certain stockholders of the company. A stockholder of the company has granted the underwriters an option to purchase an additional 405,000 shares to cover over-allotments. The net proceeds from the sale of shares by the company will be used for the repayment of indebtedness, development of additional restaurants and general corporate purposes.
 Taco Cabana, Inc. operates the largest chain of Mexican patio cafe restaurants in the United States with 57 restaurants systemwide. Of these, 41 restaurants are company-owned at locations throughout Central and South Texas, and the remainder are franchised restaurants at 14 locations in Texas and two locations in California.
 The offering of Taco Cabana common stock is made only by means of the prospectus. A copy of a final prospectus relating to these securities is available from Montgomery Securities, 600 Montgomery Street, San Francisco, CA 94111; or Stephens Inc., 111 Center Street, Little Rock, AR 72201.
 -0- 10/16/92
 /CONTACT: Judith Reitzer, chief financial officer of Taco Cabana, 512-231-8226/
 (TACO) CO: Taco Cabana ST: Texas IN: LEI SU: OFR


TM -- NY082 -- 1194 10/16/92 18:24 EDT
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Date:Oct 16, 1992
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