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VOLUNTEER CAPITAL CORPORATION ELECTS TOBY S. WILT TO BOARD OF DIRECTORS

 NASHVILLE, Tenn., Aug. 6 /PRNewswire/ -- Nashville businessman Toby S. Wilt has been elected to the board of directors of Volunteer Capital Corporation (NYSE: VCC), it was announced today.
 Lonnie J. Stout II, chairman, president and chief executive officer, said Wilt's diversified background in finance, investment, real estate and food businesses brings an added dimension to the company's board.
 "We are extremely pleased to name Toby Wilt as the sixth member of our board," Stout said. "His distinguished career has covered a broad spectrum of business and civic involvement, and we look forward to his contributions as we expand our restaurant operations."
 Wilt, 48, is chairman of The Christie Cookie Company and president of TSW Investment Company, Nashville. He is a past president and chief executive officer of Hillsboro Enterprises, and served as a member of the research and corporate finance staff of J.C. Bradford & Co. and as a senior accountant with Ernst & Young.
 A native of Evanston, Ill., Wilt graduated from Vanderbilt


University in 1967 and presently serves as a member of the board of directors of First American Corporation and vice chairman of the Metropolitan Nashville Airport Authority. He is a former member of the board of advisors of the Jack C. Massey Graduate School-Belmont College, a member of the Metropolitan Transit Authority and a member of the board of directors of the Nashville Area Chamber of Commerce. Wilt holds professional memberships in the American Institute of CPAs, Tennessee Society of CPAs, Young President's Organization and Tennessee Business Roundtable. He is founding president of Golf Club of Tennessee.
 Volunteer Capital Corporation is headquartered in Nashville, and operates 52 Wendy's Old Fashioned Hamburgers restaurants in four states and currently has three J. Alexander's restaurants in two states.
 -0- 8/6/93
 /CONTACT: Lonnie J. Stout II or R. Gregory Lewis of Volunteer Capital Corporation, 615-269-1900/
 (VCC)


CO: Volunteer Capital Corporation ST: Tennessee IN: FOD SU: PER

RA-BR -- AT008 -- 0298 08/06/93 12:00 EDT
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Publication:PR Newswire
Date:Aug 6, 1993
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