About American Restaurant Partners, LP

American Restaurant Partners, L.P., through its three subsidiaries, owns and operates Pizza Hut restaurants. The company’s subsidiaries include American Pizza Partners, L. P. (APP), Oklahoma Magic, L.P. (Magic) and Mountain View Pizza LLC (MVP). The company operates the Restaurants under license from Pizza Hut, Inc. (PHI), a subsidiary of Yum! Brands, Inc. (YUM). As of December 30, 2003, the company owned and operated a total of 100 restaurants. APP owned and operated 53 traditional ‘Pizza Hut’ restaurants, 6 ‘Pizza Hut’ delivery/carryout facilities and 2 dualbrand locations. Magic owned and operated 17 traditional ‘Pizza Hut’ restaurants and 9 ‘Pizza Hut’ delivery/carryout facilities. MVP owned and operated 8 traditional ‘Pizza Hut’ restaurants and 5 ‘Pizza Hut’ delivery/carryout facilities. The states in which the company's Pizza Hut Restaurants are located are Georgia, Louisiana, Montana, Texas, Wyoming, Oklahoma and Colorado. All Pizza Hut restaurants offer substantially the same menu items, including various varieties of pizza, as well as pasta, salads, and sandwiches. Pizza is offered in different sizes with a thin crust, hand tossed traditional crust, or a thick crust, known as ‘Pan Pizza,’ as well as with various toppings. Pizza Hut also serves the Big New Yorker Pizza, a 16 inches traditional crust pizza. History American Restaurant Partners, L.P. was founded in 1987.