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Pizza Pizza Royalty Corp. Announces Timing of Fourth Quarter Earnings Release and Conference Call Wednesday, January 23rd, 2013

Toronto, Ontario, January 22, 2013 – Pizza Pizza Royalty Corp. (the “Company”) (TSX: PZA) today announced that its financial results for the fourth quarter ended December 31, 2012 will be issued at the close of market on February 14, 2013.

The Company invites analysts and portfolio managers to participate in a conference call with Paul Goddard, Chief Executive Officer and Curt Feltner, Chief Financial Officer. The call will take place on Friday, February 15, 2013 at 9:00 a.m. Shareholders and media are also invited to listen to the call.

Details of the Conference Call:
Date: Friday, February 15, 2013
Time: 9:00 a.m. EST
Call-in number: 416-640-5925 or 1-800-711-9538
Recording call in number: 647-436-0148 or 1-888-203-1112
available until midnight, Friday March 1, 2013
Reservation number: 2026645

For further information:
Curt Feltner, Chief Financial Officer, Pizza Pizza Limited
(416) 967-1010 x307
cfeltner@pizzapizza.ca
www.pizzapizza.ca and www.pizza73.com or www.sedar.com.