Pizza Pizza Announces February Dividend

Toronto, Ontario, February 19, 2013 – Pizza Pizza Royalty Corp., formerly Pizza Pizza Royalty Income Fund, today announced a cash dividend of $0.0625 per share for February 2013. The dividend will be eligible for the enhanced dividend tax credit if paid or allocated to a resident of Canada. The dividend will be payable to shareholders of record at the close of business on February 28, 2013, and will be paid on March 15, 2013.

For tax purposes, the 2013 dividend will be considered a taxable eligible dividend without a return of capital component.

SOURCE Pizza Pizza

Contact:

Curt Feltner
Chief Financial Officer
416) 967-1010 x307
cfeltner@pizzapizza.ca
www.pizzapizza.ca
www.pizza73.com
www.sedar.com.

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Pizza Pizza and Pizza 73, that together with its network of operators and franchise partners, deliver quality food choices, diverse menus and exciting promotions for all tastes, lifestyles and budgets.

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