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Papa John’s announces acquisition of Denver and Minneapolis restaurants

LOUISVILLE, Ky. (April 24, 2012) — Papa John’s International, Inc. (NASDAQ: PZZA) today announced the acquisition of 56 franchised Papa John’s restaurants in the Denver and Minneapolis markets. With the immediate sale of six of the Denver restaurants to an area franchisee, the transaction results in the net acquisition of 50 restaurants (21 in Denver and 29 in Minneapolis) by the company for $5.1 million.

The acquisition is not expected to have a material impact on operating results for 2012.