Tops Friendly Markets and Tim Hortons Sign an Exclusive Agreement to Bring Tim Hortons to all Tops stores



    OAKVILLE, ON, Oct. 7 /CNW/ - Tops Friendly Markets and Tim Hortons
announced today an agreement that will see that customers who shop at Tops
stores in Western New York, Rochester, Central New York and Northwestern
Pennsylvania, can add a hot cup of fresh Tim Hortons coffee and other Tim
Hortons products to their shopping trip by the end of this year. The agreement
will include 82 Tops full-service supermarkets and Tops Express locations
paired with either a Tim Hortons full-service restaurant or a self-serve
kiosk.
    The Tim Hortons restaurants in Tops locations will feature the area's
favorite premium coffee and other beverages, fresh baked goods and the popular
Breakfast sandwich, adding to consumers' one-stop shopping experience. Tim
Hortons self serve locations will have freshly ground, one cup at a time
coffee, cappuccino and espresso based drinks and a variety of Tim Hortons
baked goods.
    Plans include up to 20 full-service restaurants as part of the 82
locations, and 62 self-serve locations, and when opened the new locations will
bring the Tim Hortons total restaurant count in the US to 488, excluding other
locations planned for the remainder of 2008. It is expected that several of
the self-serve kiosks will be converted over time to full-service locations.
    "We are excited about the mutually exclusive partnership between Tops and
Tim Hortons," said Frank Curci, Tops' president and CEO. "We're two strong and
growing brands in the markets we serve and we share a common goal of meeting
the needs of our time-sensitive customers while providing them with quality
products. Having Tim Hortons products in our stores will undoubtedly enhance
our customers' total shopping experience."
    "What a tremendous milestone for Tim Hortons and Tops," said David
Clanachan, Chief Operations Officer, US and International, Tim Hortons. "Tops
is an ideal fit for our continued strategy to build our brand and convenience
for customers through both standalone stores and non-standard full-serve and
self-serve formats."

    About Tops

    Tops Markets, LLC, is headquartered in Williamsville, NY and operates 71
full-service supermarkets and five franchise supermarkets. With over 10,000
associates, Tops is the leading full-service grocery retailer in Western New
York, Central New York, including Rochester, and Northwestern Pennsylvania.
For more information about Tops Markets, visit the company's Web site at
www.topsmarkets.com.

    About Tim Hortons

    Tim Hortons is the fourth largest publicly-traded quick service
restaurant chain in North America and the largest in Canada. Tim Hortons
appeals to a broad range of consumer tastes, with a menu that includes coffee
and donuts, premium coffees, flavored cappuccinos, specialty teas, home-style
soups, fresh sandwiches and fresh baked goods. As of June 29, 2008, Tim
Hortons system-wide restaurants numbered 2,851 in Canada and 406 in the United
States. More information about the Company is available at www.timhortons.com.

    Safe Harbor Statement

    Certain information in this news release, particularly information
regarding future economic performance and finances, and plans, expectations
and objectives of management, is forward-looking. Factors set forth in the
Company's Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995, including by reference the "risk factors" outlined in the
Company's most recent Form 10-K filed February 26, 2008 in addition to other
possible factors not listed or described in the Safe Harbor Statement, could
affect the Company's actual results and cause such results to differ
materially from those expressed in forward-looking statements. As such,
readers are cautioned not to place undue reliance on forward-looking
statements contained in this news release, which speak only as of the date
hereof. Except as required by federal or provincial securities laws, the
Company undertakes no obligation to publicly release any revisions to the
forward looking statements contained in this release, or to update them to
reflect events or circumstances occurring after the date of this release, or
to reflect the occurrence of unanticipated events, even if new information,
future events or other circumstances have made the forward-looking statements
incorrect or misleading. Please review the Company's Safe Harbor Statement at
http://www.timhortons.com/safeharbor.html.




For further information:

For further information: Media: Rachel Douglas, Tim Hortons, T: (905)
339-6277, douglas_rachel@timhortons.com; Investors: Scott Bonikowsky, T: (905)
339-6186, bonikowsky_scott@timhortons.com; Katie McKenna, Tops Friendly
Markets, T: (716) 635-5610, kmckenna@topsmarkets.com


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