Frank Belatti, Chairman and CEO of AFC Enterprises, stated, “This announcement today further illustrates AFC’s ongoing commitment to enhance shareholder value. The expanded exploration of strategic alternatives is part of an effort to ensure that our share price reflects the full, intrinsic value of the Church’s business. AFC is proud of the Church’s team’s achievements, their recent strong performance, and believe that now is an opportune time to explore strategic alternatives.”

Church’s consistent track record of growth has been driven by domestic and international franchising as well as increased same-store sales growth. As of April 18, 2004, the Church’s system was comprised of 281 company owned, 955 domestic franchise, and 292 international franchise restaurants. Recently, Church’s has embarked on an extensive reimaging program, a system-wide operational improvement initiative in an effort to drive same-store sales growth and has also made key additions to its management team.

Church’s Chicken, one of the most established quick service restaurant systems in the United States, is the third largest quick service chicken concept, measured by number of units, and one of the most highly recognized QSR brands. Church’s serves traditional Southern Fried Chicken with a focus on offering complete meals with large portions at low prices and positions itself as the Value Leader in the Chicken QSR category.

There can be no assurance that the Company will implement any strategic alternatives for its Church’s Chicken brand.

Corporate Profile

AFC Enterprises, Inc. is the franchisor and operator of 4,091 restaurants, bakeries and cafes as of February 22, 2004, in the United States, Puerto Rico and 36 foreign countries under the brand names Popeyes® Chicken & Biscuits, Church‘s Chicken™ and Cinnabon®, and the franchisor of Seattle‘s Best Coffee® in Hawaii, on military bases and internationally. 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 Enterprises can be found on the World Wide Web at www.afce.com.

AFC Contact Information:
Felise Glantz Kissell, Vice President, Investor Relations & Finance
(770) 353-3086 or fkissell@afce.com

Certain statements in this AFC Update are “forward-looking” statements within the federal securities laws and
are subject to the Cautionary Note regarding forward-looking statements included in the enclosed 10-K/A.