MTY to develop two of its brands in Lebanon

MONTREAL, Feb. 16, 2012 (www.hospitalitybusinessnews.com) - MTY Food Group Inc. ("MTY" or the "Company") (TSX: MTY), franchisor and operator of 2,263 quick service restaurants, reports today its wholly owned subsidiary, MTY Tiki Ming Enterprises Inc., has signed two area master development agreements with a master franchisee to develop two of its brands, Vanellis and Country Style in Lebanon.

"We are very excited to continue our expansion in another new market. We are entering Lebanon with a solid business partner and we are confident that both concepts will be successful in this context", says Stanley Ma, President & CEO of MTY Group. "MTY will continue to look for new opportunities in the MENA region, and other countries in the future".