Brazil Fast Food Appoints New Members to Board of Directors

On September 28, 2009, Lucio Montanini, Marcos Gouvêia de Souza, Alexandre F. Nunes and Marcos Rocha were appointed, and Guillermo Hector Pisano and Gustavo Villela Filho were reappointed to the Company's Board of Directors. Mr. Pisano will continue to serve as Chairman of the Board, and Mr. Villela will serve as Secretary. The Board has also reconstituted its standing committees. As a result, Mr. Montanini, Mr. Rocha and Mr. Pisano will serve on the Company's Audit Committee, and Mr. Villela, Mr. Gouvêa and Mr. Pisano will serve on the Company's Compensation Committee.

After seven years guiding the reconstruction of the Company, the two major shareholders, José Ricardo Bomeny and Romulo Fonseca, and the two previous leaders, Omar C. da Cunha and Peter Vader, have considered their mission accomplished. As a result they have decided to bring a new team of Directors to provide a new vision and new impulse to support the Company's long term multi-brand restaurant strategy. The new Directors, all professionals with expertise in key areas, including retail market, corporate finance, tax legislation, corporate laws and business administration, are independent members of the Board complying with the Sarbanes-Oxley and Delaware regulations on this matter. In order to ensure the continuity of the Company's culture and proceedings, Guillermo Pisano and Gustavo Villela have been re-appointed to the Board.

'We are pleased to announce our new Board of Directors,' stated Ricardo Bomeny, Brazil Fast Food's Chief Executive Officer. 'Each of the new directors bring to our company significant experience in the critical areas of expertise necessary to manage a successful business. I look forward to their contributions. I would also like to thank the out-going members of our Board for their valuable contribution to our success over the past several years.'

Lucio Montanini is an independent consultant of the Audit Committee of the Company. As a consultant he has been working since 2007 as a counsel of the Committee giving his long experienced opinion on fiscal matters and corporate structures. He is 51 years old. He is an Accountant from Tabajara University, São Paulo, Brazil, and has an MBA in Audit Controlling. He worked from 1978 to 2002 in the audit cabinet of Arthur Andersen where he became an associate in 1998. From 2002 to 2007 he was an associate in Deloitte Touch Tohmatsu. In 2007 he established as an independent consultant creating MCE - Montanini Consultoria Empresarial Ltda., specialized in fiscal and corporate structure areas. He is also an associate in DiCasa Artigos e Design, a commercial company devoted to house and offices equipments, and in PC Services Informática Ltda, a TI service company.

Marcos Gouvêa de Souza is Associate Manager of GS&D, a Brazilian consulting company specialized in retail markets and consumers' means and habits. For 18 years, he was an officer of several companies including Lojas Arapuâ, Sears and Dillard's. For eight years he has been a professor in the ESPM (Superior School of Publicity and Marketing) and in the Fundação Getulio Vargas São Paulo, School of Business Administration. Marcos Gouvêa is the author of several books, studies and publications on retail markets, franchise administration and brands, economic and marketing scenarios having awarded several prizes and distinctions as the 'Jabuti Award' in 1994 and the Caboré Marketing Prize in 1988. Mr. de Souza has a degree from the São Paulo Business School (Getulio Vargas University) and from the ESPM and an MBA in business administration from FGV University. He was also a member of the board in different Braziian associations, among others, the Brazilian Franchise Association, the Retail development Institute of São Paulo and the Ebeltoft Group.

Alexandre F. Nunes is a Partner and Co-Founder of DealMaker, a consulting company. He is formerly an Executive VP of Bematech S/A (Interim Management), an Executive VP of Dominio Ltda, an internet-based company, and a New Business Director at Brasil Telecom. Mr. Nunes worked for nine years in various positions at Shell Brasil, including New Business National Manager, and was Professor of Business Development Management of BBS (Brazilian Business School). Mr. Nunes holds a degree in Electrical Engineering from Universidade Federal de Uberlândia, a Masters in Electronic Engineering and Telecommunications from ITA and an MBA from Ibmec Business School.

Marcos Rocha is the Financial, Investor Relations and Information Technology Officer of the Group GLOBEX UTILIDADES (Ponto Frio), the second major retail Braziian company specialized in household electric and electronic appliances. He is also a member of the Board of the Investcred Unibanco S.A., an investment institution, an of several other retail companies. In the past Mr. Rocha occupied several financial positions as officer in Shell Brasil, Cyanamid Química do Brasil, Brazil Fast Food Corp, Sony Music Entertainment, Global Telecom, Horizon Telecom International and Sendas (one of the major Brazilian supermarkets). Mr. Rocha has a degree of electronic engineer from the IME (Militar School of Engineers) an MBA in business administration and an MBA in Business Management from the SDE/IBEMEC. Marcos Rocha is a member of the NGO 'Operação Sorriso do Brasil', a member of the IBEF (Brazilian Institute of Financial Officers), and a member of the American Chamber of Commerce of Rio de Janeiro.


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