WorldWide Papa’s, Plc.

WorldWide Papa’s is an international management company formed in 2004 with exclusive area development rights to Papa John’s International, Inc., restaurants in St. Petersburg, Russia and the Leningrad region. The Company provides the highest quality product and dining experience in the ‘pizza’ category to consumers in one of the largest European markets. WorldWide Papa’s initiated the development of St. Petersburg with the opening of its first restaurant in September 2005. This restaurant introduced the Papa John’s brand to the Russian consumer market. Since that time, the Company has established a proven track record of revenues and netcash flow.

The company has built and operates six dine-in restaurants with a seventh restaurant currently under lease/construction, as well as two Quality Control Centers that manufacture and distribute dough and other required products to the stores. The company has also successfully introduced the concept of pizza ‘delivery’ to Russian consumers, and now operates a fleet of more than 35 vehicles in the Company’s service areas. With a population in excess of 8 million in the St Petersburg and Leningrad Region, the Company’s near-term plan is to develop an initial 40+ Papa John’s locations.

WorldWide Papa’s has spent considerable time and capital in the establishment of a highly professional development and operational team. Working with Papa John’s International, the company has developed the highest quality sources for product and established a leading reputation for quality and service in the ‘fast casual’ segment of the food industry in St. Petersburg. Papa John’s International, Inc. (PZZA – NASDAQ), is based in the United States, and is the world’s third largest take-out and pizza delivery company. The U.S. Company developed into one of the largest providers of pizza to consumers through a strict adherence to “Better Pizza. Better Ingredients.” to distinguish itself from all competitors. WorldWide Papa’s is in the process of replicating this success in the Russian Market, while maintaining the same focus on superior quality of product and service. The Company is a British Public Limited Company (Plc.) with operational headquarters in St. Petersburg and approximately 175 employees. WorldWide Papa’s is listed on The Frankfurt Stock Exchange Open Market and trades under the symbol ‘1PJ’.