AFC Enterprises, Inc. Announces Pricing of Public Offering Of 7,000,000 Shares of Common Stock

Atlanta, December 6, 2001 - AFC Enterprises, Inc. (Nasdaq: AFCE) announced today the public offering of 7,000,000 shares of common stock at a price of $23.00 per share. All of the shares of common stock are being offered by selling shareholders. The Company will not receive any of the proceeds from the shares of common stock being sold by the selling shareholders.

Credit Suisse First Boston Corporation and Goldman, Sachs & Co. are the joint lead managing underwriters of the offering. The selling shareholders have granted to the underwriters an option to purchase up to an additional 1,050,000 shares to cover over-allotments. Copies of the prospectus relating to the offering may be obtained from Credit Suisse First Boston Corporation, Eleven Madison Avenue, New York, New York 10010-3629, (212) 325-2000.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.

AFC Enterprises, Inc. is the franchisor and operator of more than 3,750 restaurants, bakeries and cafes in the United States, Puerto Rico and 30 foreign countries under the brand names Church's Chicken(TM), Popeyes® Chicken & Biscuits, Cinnabon®, Seattle's Best Coffee®, and Torrefazione Italia® Coffee. AFC's primary objective is to be the world's Franchisor of Choice® by offering investment opportunities in highly recognizable brands and exceptional franchisee support systems and services. AFC had system-wide sales of approximately $2.4 billion in 2000 and can be found on the World Wide Web at www.afce.com.

Forward-Looking Statement. Certain statements in this release, and other written statements made by or on behalf of AFC or its brands are ``forward- looking statements'' within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. These forward-looking statements are subject to a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the cost and availability of our principal food products, labor shortages or increased labor costs, our ability to franchise new units and expand our brands, our and our franchisees' ability to successfully operate existing units and open new units, changes in consumer preferences and demographic trends, competition, general economic, political and regulatory conditions and the risk factors detailed in our Annual Report on Form 10-K for the year ended December 31, 2000 and other documents we file with the Securities and Exchange Commission. You should not place undue reliance on any forward-looking statements, since those statements speak only as of the date they are made.

CONTACT: Gerald J. Wilkins, EVP, Chief Financial Officer 770/353-3313 gwilkins@afce.com Gary Hunt, VP, Treasurer & Investor Relations 770/353-3033 ghunt@afce.com Ellen Hartman, VP, Communications 770/353-3152 ehartman@afce.com SOURCE: AFC Enterprises, Inc.

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