MTY ANNOUNCES THE CANCELLATION OF THE AGREEMENT TO ACQUIRE GROUPE SUSHI-TAXI

TSX Trading Symbol: MTY

MONTREAL, May 25, 2011 /CNW Telbec/ - MTY Food Group Inc. ("MTY" or the "Company") (TSX: MTY), franchisor and operator of 1,741 quick service restaurants, announced today that the transaction announced on April 27, 2011 between its wholly-owned subsidiary MTY Tiki Ming Enterprises Inc. and 9193-9298 Quebec Inc. ("Sushi-Taxi"), Sushi-Taxi Maître Franchiseur Inc. ("Maitre Franchiseur") and 9182-7386 Quebec Inc. is cancelled.

Certain information in this News Release may constitute "forward-looking" information that involves known and unknown risks, uncertainties, future expectations and other factors which may cause the actual results, performance or achievements of the Company or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. When used in this News Release, this information may include words such as "anticipate", "estimate", "may", "will", "expect", "believe", "plan" and other terminology. This information reflects current expectations regarding future events and operating performance and speaks only as of the date of this News Release. Except as required by law, we assume no obligation to update or revise forward-looking information to reflect new events or circumstances. Additional information is available in the Company's Management Discussion and Analysis, which can be found on SEDAR at www.sedar.com.

On Behalf of the Board of Directors of
MTY Food Group Inc.

_____________________________________

Stanley Ma, Chairman, President & CEO

SOURCE MTY FOOD GROUP INC.

For further information:

please contact Jean-Francois Dube, Investor Relations at 1-450-226-8475 or by email at jfcinc@cgocable.ca or visits our website: www.mtygroup.com or visit SEDAR's website at www.sedar.com under the Company's name.

Profil de l'entreprise

MTY FOOD GROUP INC.

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