Tim Hortons Introduces Quickpay Tim Card(TM)

    Reloadable cash card now available across Canada

    OAKVILLE, ON, Oct. 25 /CNW/ - Tim Hortons Inc. (NYSE/TSX: THI) officially
launched "Tim Card" across Canada this week. Tim Card is a convenient way to
pay for purchases at Tim Hortons with a simple swipe of the preloaded card and
can be used at the counter or in the drive thru at participating locations.
Over 2000 Tim Hortons locations in Canada are now accepting Tim Card with
plans to add more locations in the near future. Tim Hortons plans to expand
the Tim Card program to U.S. locations in early 2008.
    Tim Card represents the next evolution in offering an easier and faster
way to pay at Tim Hortons. Tim Card can be purchased at any participating Tim
Hortons location across Canada and loaded with any amount up to $200.00. There
is no minimum balance, service charge or expiry date.
    Card holders can register Tim Card online to reload the card with any
amount, protect the balance from loss or theft and track recent activity. An
additional online feature is the ability to reload the Tim Card automatically
from an approved credit card once it reaches a minimum balance.
    "Tim Card is a faster and more flexible payment option for our
customers," said Paul House, Chairman and CEO, Tim Hortons. "The enhanced
features of the card make for a better customer experience."
    For more information on Tim Card please visit www.timhortons.com/timcard

    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 March 9, 2007, 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

    Tim Hortons Overview

    Tim Hortons is Canada's largest quick service restaurant chain. Founded
in 1964 as a coffee and donut shop, Tim Hortons has evolved to meet consumer
tastes, with a menu that now includes premium coffee, flavored cappuccinos,
specialty teas, home-style soups, fresh sandwiches and fresh baked goods. As
of July 1, 2007, Tim Hortons system-wide restaurants numbered 2,733 in Canada
and 345 in the United States. More information about the Company is available
at www.timhortons.com.

For further information:

For further information: Rachel Douglas, (905) 339-6277,

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